Emission

22.5M(22.5%) of LB tokens will be used for initial emission(3 months), after all 22.5M LB tokens are distributed, we will let the community decide whether to mint additional tokens for LP incentives or not. The initial emission rule is as follows:

By LP Rewards

Token emission for the liquidity pool in the first week (1 epoch) after the project launch will be 900,000 $LB(0.9% of the initial total supply), after that, the token emission will decay at 10,000 per week (epoch).Liquidity Providers will receive 100% additional emission reward. In every liquidity pool, the reward will be shared based on how much maker fees(trading fee) are generated by the LP during this epoch.The distribution formula is:

$$\$LB Received= （ \frac{MakerFees_{LP}}{MakerFees_{Total}})*Total LB Emission of the pool$$

Where:

$$MakerFees=\sum_{k} \left({f_{swap}} \frac{L_{maker}}{L_{bin}}\right)_{i}$$

By Rebase for the $LB Stakers

$veLB holders will receive a rebase proportional to the LB release to the LP, and the ratio of $veLB to $LB supply in each epoch, thereby reducing the voting dilution of $veLB, and incentivizing long-term stakers of the platform. The weekly rebate amount is determined as follows:

$$(\frac{veLB.totalSupply}{LB.totalSupply})^{4}* 0.5* Emissions$$