# Tokenomics

Metaple Finance - The World's First Multi-Staking Protocol

| Tokenomics          | Details         |
| ------------------- | --------------- |
| Chain Network       | BSC             |
| Token Name          | Metaple Finance |
| Token Ticker        | MLX             |
| Sale Quantity       | 125,000,000 MLX |
| Total Supply        | 500,000,000 MLX |
| Supply For Game     | 2000000 MLX     |
| New Token emissions | 0.16 per block  |
| Fair Launch         | Yes             |

## **Emission rate** <a href="#emission-rate" id="emission-rate"></a>

### **Per block**

| **Metric**                     | **Emission/block (MLX)** | **Emission/day (MLX)** |
| ------------------------------ | -----------------------: | ---------------------: |
| Emission                       |                     0.16 |               4,608.00 |
| Burned (Inactive Lottery Fund) |                   -0.016 |                -460.80 |
| **Effective Emission**         |             **<0.144\*** |         **4,147.20\*** |

\*Effective Emission is 0.144 MLX as 460.80 MLX per day is diverted to the lottery wallet, and burned (It will be burned every month until we start our lottery feature).

## Distribution <a href="#distribution" id="distribution"></a>

| Distributed to               | Reward/block (% of emission) | Reward/block (total MLX) |             Reward/day |
| ---------------------------- | ---------------------------: | -----------------------: | ---------------------: |
| Farms                        |                          60% |                   0.0864 |      2,488.32 (approx) |
| Staking Pools                |                          40% |                   0.0576 |      1,658.88 (approx) |
| **Total Daily MLX Emission** |                              |                          | **27,360.00 (approx)** |

## **Other Deflationary Mechanics** <a href="#other-deflationary-mechanics" id="other-deflationary-mechanics"></a>

At present, MLX is also burned in the following ways:

* **0.05%** of every trade made on MetapleSwap.
* **460.80** MLX per day is diverted to the lottery wallet and burned (It will be burned every month until we start our lottery feature).

The burning process is currently manual.


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