Is it Polygon Candynomics Or Candy Polygonomics ?!

2 min readJun 28, 2023

Dear Candy Fam,

Today we discuss our $CANDY tokenomics for Polygon launch.

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

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)