⚠️👀 Important info on how
$NPRO is going to be distributed 👇🏻
📈 60% of the NPRO will be released as staking rewards when staking NEAR to our validator. The amount of NPRO released will follow a bonding curve declining every epoch. This means the earliest you stake, more NPRO you get (and smaller pool of people to share with), proportional to your % of NEAR staked on our validator.
📊 10% as initial liquidity: After a 3 month pre-staking period, 1,000,000 NPRO will be added on a liquidity pool against an initial NEAR liquidity provision including all NEAR generated from staking during this 3 months. This will set the initial price.
After the pool is live, every epoch the protocol will get all the NEAR generated, buy NPRO on the pool, add liquidity and burn the LP tokens. This will create a constant buy pressure on NPRO and guarantee liquidity to sell.
📣 10% for marketing: Used for referral programs, ambassador programs and promotional initiatives that help onboard more users to
@NEARMobile_app.
⚒️ 15% treasury: Vested on a 5-year period, we will use this progressively to self-sustain development of the wallet and add/improve more features that incentive users to hold NPRO.
👨🏽💻 5% team: Vested on 5-year period to incentive and retain core team building NEAR Mobile.