Tokenomics of Banana Coin (BANANA) in the ApeSwap ecosystem. Here are some details about the tokenomics of BANANA:
1. Issuance:
- BANANA has no fixed total supply. It is issued according to the mining schedule on the ApeSwap platform.
2. Distribution:
- Yield Farming: Most of BANANA is distributed through yield farming programs
- Staking Pools: A portion of BANANA is distributed through staking pools
- Team & Development: A small portion of BANANA is retained to fund the development team and project development activities.
- Marketing & Partnerships: A portion of BANANA is used for marketing activities and establishing strategic partnerships
- Yield Farming: A large portion of BANANA is distributed through yield farming programs
- Staking Pools: A portion of BANANA is distributed through staking pools
- Team & Development: A small portion of BANANA is retained to fund the development team and project development activities.
- Marketing & Partnerships: A portion of BANANA is used for marketing activities and establishing strategic partnerships.
5. Benefits of holding BANANA:
- Governance: BANANA holders have the right to participate in governance votes, deciding on important changes to the platform.
- Lower transaction fees: Using BANANA to pay transaction fees on ApeSwap can receive discounts.
- Rewards: BANANA holders can participate in promotions, airdrops, and other community activities.
BANANA's tokenomics are designed to incentivize user participation. #BananaGun #BinancePizzaVN