$NAV
$NAV
Purpose: $NAV is the utility token for NAV Finance, playing a crucial role in the ecosystem's functionality and growth.
Blockchain: The token is built on the Berachain, with the capability to operate across multiple chains (omnichain).
Total Supply: 1,000,000,000 NAV tokens.
Allocation
Community Incentives: 388,000,000 $NAV reserved for staking rewards, vault participation incentives, airdrop campaigns, and other product engagement initiatives (3 year linear vesting).
Team: 200,000,000 NAV (4-month cliff, 16 months linear vesting).
Seed Round: 150,000,000 NAV (20% at TGE, 10% every month linear vesting).
Strategic Partnerships (CEX): 50,000,000 NAV (3-month cliff).
Yeet Bond POL Reserve: 50,000,000 NAV (12-month linear vesting).
Advisors: 50,000,000 NAV (4-month cliff, 16-month linear vesting).
Fjord Foundry White List Round: 30,000,000 NAV (fully unlocked at TGE).
Points S1: 30,000,000 NAV (fully unlocked at TGE).
Points S2: 20,000,000 NAV (1-month cliff).
Initial Liquidity: 16,000,000 NAV for NAV-BERA liquidity pool seeding.
Ramen Finance Public Round: 16,000,000 NAV (fully unlocked at TGE).
Staking and Emissions (coming soon)
Stake NAV, Earn NAV: Users can stake their NAV tokens to receive NAV emissions and distributions, enhancing their participation in the ecosystem and aligning incentives with the platform's long-term success.
Sliding Scale Boost: NAV introduces a sliding scale boost mechanism, where users can lock their NAV tokens for a period ranging from 30 days to 1 year. The longer the lock-up period, the higher the weighting boost in emissions, with a maximum 2X boost for a 1-year lock-up.
Deflationary Mechanism
SIP Revenue Buyback and Burn: 10% of all revenue generated by NAV's Structured Investment Products (SIPs) is allocated to buying back, distributing to NAV stakers and/or burning NAV tokens. This deflationary mechanism ensures a continual reduction in the circulating supply of NAV, creating scarcity and potentially driving up the token's value.
Future Utility
Expanding Use Cases: As NAV Finance continues to grow and introduce new features and products, the NAV token will play an increasingly central role in the ecosystem. Future rollouts will leverage the NAV token in innovative ways, further cementing its utility and deflationary nature.
The NAV token is designed to be an instrumental component of the NAV Finance ecosystem, offering immense utility to its holders. By staking NAV, users not only receive emissions and distributions but also contribute to the platform's stability and growth. The deflationary mechanism, coupled with the token's expanding use cases, positions NAV as a valuable asset within the DeFi landscape.
As NAV Finance continues to evolve and introduce groundbreaking products, the NAV token will remain at the core of the ecosystem, providing users with a wide array of benefits and opportunities. The tokenomics of NAV are carefully crafted to align incentives, promote long-term commitment, and drive the sustainable growth of the platform.
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