Candynomics

3 min readDec 24, 2022

Dear Candy Citizens,

Today we discuss our ecosystem’s token: $CANDY.

Keep in mind that we are building this for the community. So every detail below has been tailored to bring the most value to everyone in this beautiful candymunity.

First, here are all the ways you can earn $CANDY:

By staking $CRO.
By staking $CANDY.
By farming in one of the multiple $CANDY farms with insane APR.
By staking the Bored Candy NFTs.
By playing the Candy Match P2E mobile game.

Let’s add to this list the other utilities of the $CANDY token:

Stake $CANDY to earn $CRO.
Use $CANDY to participate in future launchpads, both internal and external.
Use $CANDY to mint NFTs.
Use $CANDY to progress in the Candy Match P2E mobile game.

And for all of these uses, we have decided to set a very low Max Supply (it was actually a community proposal) at 250 million $CANDY.

Yes, they will never be more than 250 million $CANDY minted.

We will have a regular buyback & burn mechanism to keep the supply from ever reaching this limit.

Now, we pre-minted 30 million $CANDY before launch that will be distributed as follows:

500 000 $CANDY was already burned in the presale on 09.09.
Launchpad : 2 million $CANDY sold at 0.5 $CRO on 15.10 — Any remaining unsold $CANDY will be burnt.
Team: 2.5 million $CANDY vested for 6 months — team members won’t be able to access this supply before 01.05.2023.
Private investors: 5 million $CANDY vested for 12 months — we enlisted a few private investors to launch this project that will be compensated in $CANDY for their initial investments. They won’t be able to access this supply before 01.11.2023.
Advisors & partners: 1 million $CANDY vested for 6 months — blockchain experts, other projects owners & developers are helping us launch this project, we’re giving them $CANDY that cannot be unlocked before 01.05.2023.
Company treasury: 4 million $CANDY — we’ll use this for future project development needs.
Presale investors lock: 2 million $CANDY — Depending on how many of you choose to participate 10.000 $CRO or more in the launchpad. Up to 2 million $CANDY will be locked for 6 months towards the investors.
Initial Protocol Liquidity: 3 million $CANDY — up to 3 million $CANDY will be used to form $CANDY — $CRO initial protocol liquidity with the $CRO from launchpad & NFT mint.
Initial Locking Vaults rewards: 10 million $CANDY — to start the rewards emissions on the locking vaults immediately, we will be allocating 10 million $CANDY from the treasury.

We’ll have a few limits to protect the community from whales manipulating the price of $CANDY :

Max transaction limit: 50.000 $CANDY — you can only buy or sell 50.000 $CANDY at a time, we’ll update this limit according to $CANDY price.
Max supply per wallet: 500.000 $CANDY — you can only hold 500.000 $CANDY per wallet, we’ll update this limit according to $CANDY price.
Sale tax: 10% — you pay a 10% sale tax when selling $CANDY token, 5% is immediately burned & 5% is sent to the marketing wallet.

Let’s recap:

Max Supply: 250 000 000 $CANDY

Community rewards: 88% (220 000 000)