Tazor
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Tokenomics

Supply
The Tazor protocol relies on a 2 token system. The TAZOR token has no limit to its supply, however the TAZOR token is only minted whenever a Bond is purchased, so any minted TAZOR is backed by the Treasury. The TAZOR token is NOT a reward token. The TAZOR token does not have to be sold to realize profits. Instead, the TAZ token (protocol reward token) can be sold to realize profits.
The TAZ token has no limit to its supply, however the TAZ token is only minted whenever rewards are due to users who have Staked TAZOR. However, TAZ (the reward token) controls the APR that your staked TAZOR receives! So the protocol’s reward token has the BEST USE CASE EVER! The more TAZ you stake, the higher your APR goes up on your staked TAZOR, to unlimited levels! A small percentage of Staked TAZ tokens are Burned from a specific user’s Staked TAZ Amount whenever that user Stakes or Unstakes TAZOR, Stakes or Unstakes TAZ, or Claims TAZ Rewards. This results in users needing to top up their Staked TAZ to maintain their desired APR on their Staked TAZOR.
Token Allocation
Total Tazor Supply as of 04-18-2022: 7 million per blockchain
Total Tazor Supply as of 07-08-2022: 500 Thousand per blockchain
Total Taz Supply as of 04-18-2022: 7million per blockchain
Total Taz Supply as of 07-08-2022: 400 Thousand per blockchain
Last modified 4mo ago