Tokenomics

Solyard Finance
2 min readMay 26, 2021

Token information

Type: SPL Token on Solana

Ticker: FARM

Total supply: 1,000,000 FARM

Token contract: 8RYSc3rrS4X4bvBCtSJnhcpPpMaAJkXnVKZPzANxQHgz

Initial circulating supply: 71,500 FARM

Initial market cap: $2,400,000 USD

Private sale price: $17 USD

Public sale price: $33 USD

Token distribution

Both our seed and private sale rounds are distributed over many different participants. By distributing our seed, private and public sales we are trying to create the most fair token distribution on launch possible with no single entity holding large quantities of the supply.

23% Supply, raising a total of $4M

  • 5% Seed- $500,000 at $10 per token, 5% unlocked at listing, 19% each quarter thereafter
  • 15% Private- $2,550,000 at $17 per token, 10% unlocked at listing, 22.5% each quarter thereafter
  • 3% Public — $990,000 at $33 per token, Fully unlocked

20% Team, 100% locked for 6 months, 25% unlocked each quarter thereafter‌

5% Marketing, 50% unlocked at the list, 12.5% unlocked each quarter thereafter‌

52% Liquidity, Mint to liquidity reward

Circulating supply over time

Presale (Plan)

Date: 6/15 SGT 12:00 ~ 6/16 SGT 12:00‌

Allocation: 990,000 USDC‌

Returns: 30,000 SolaFarm tokens‌

Launch: 6/17

Reward Payout: 6/16

1 FARM Tokens are given per 33 USDC. If all 990,000 gets sold and allocated a total of 30,000 FARM will be issued.

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Solyard Finance

Solafarm is first Yield Farming Aggregator Optimizer protocol on #Solana