Is it Polygon Candynomics Or Candy Polygonomics ?!

Bored Candy City
2 min readJun 28, 2023

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Dear Candy Fam,

Today we discuss our $CANDY tokenomics for Polygon launch.

As explained in my previous article, we want this expansion to benefit:

  • The project
  • The cronos community
  • & the polygon community

This is why we put so much work into these numbers. To make sure it’s the best way to achieve the 3 objectives.

Let’s dive in straight away. You know we prefer the fixed max supply model that cannot be changed later.

For Polygon this fixed number will be very low, 100 million $CANDY.

We will pre-mint 50 million $CANDY before launch that will be distributed as follows:

  • Launchpad : 10 million $CANDY sold at 0.01$ on 15.08
  • Bridge: 10 million $CANDY locked in the bridge to make bridging $CANDY from Cronos chain possible.
  • Company treasury: 10 million $CANDY
  • Initial Protocol Liquidity: 20 million $CANDY used to form initial protocol liquidity

We’ll put in place the same limitations and tax structure as in cronos to protect the price of $CANDY from whales and bots:

  • Max transaction limit: 50.000 $CANDY — you can only buy or sell 50.000 $CANDY at a time
  • Max supply per wallet: 500.000 $CANDY — you can only hold 500.000 $CANDY per wallet
  • Sell tax: 10% — you pay a 10% sell tax when selling $CANDY token, 5% is immediately burned & 5% is sent to the marketing wallet.

Let’s recap:

Max Supply: 100 000 000 $CANDY

Community rewards: 50% (50 000 000)

  • Farming rewards: 25% (25 000 000)
  • Locking rewards: 12.5% (12 500 000)
  • Staking rewards: 7.5% (7 500 000)
  • NFT rewards: 5% (5 000 000)

Premint: 50% (50 000 000)

  • Presale: 10% (10 000 000)
  • Company Treasury: 10% (10 000 000)
  • Bridge: 10% (10 000 000)
  • Initial Protocol Liquidity: 20% (20 000 000)

God Bless Candy Fam,

Candy Man

Website: https://www.boredcandycity.com/

Twitter: https://twitter.com/boredcandycity

Discord: https://discord.gg/boredcandycity

Docs: https://bored-candy-city.gitbook.io/bored-candy-city/

Telegram Group: https://t.me/+Er5SXP0M70M1YWFk

Announcement Channel: https://t.me/+yZLZhh3jquRiNDQ0

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Bored Candy City
Bored Candy City

Written by Bored Candy City

First community owned DEX & AMM on Cronos Chain. 100% of fees collected distributed back to liquidity providers, holders and community members