$HONOR token is the governance token of the FarmHero protocol.
$HONOR token mints at a speed of 33.333 per second. The initial daily production rate is 2,880,000 $HONOR per day.
The production speed will decrease by 30% in 7 days, after that, decrease 10% every 7 days, for 20 times. After that, $HONOR token will keep the speed. The first year will produce 203219082.8 $HONOR token, after that, each year will produce 99128741.09 $HONOR token.

Deflationary Design via in-house Games

Both the auction game and the fomo game are designed to burn $HERO token continuously. It will ensure that $HONOR price is supported and avoid the sell-off of normal yield farming protocols.
Reserved for Future NFT Farming
Vault Farming
Reserve for Ecosystem such as partnership and future incubation
Genesis NFT Farming
Community Rewards such as bug bounty, marketing campaign, airdrops
Right now, as we are at genesis yield farming, most of the tokens produced each day (60% around) are locked. Please check our website for the current circulating amount of HONOR token. With the deflationary design the team expect the token supply would be stabled at 300 million - 400 million.
As we have extra 3% emission due to referral, the actual percentage reflected on Polygonscan will has to be adjusted smaller by 3%.

Project Accounts

Reserved for NFT Farming: (Top 1 Holder on PolygonScan)
Ecosytem: (Top 2 Holder on PolygonScan)

Max Supply

There is a max supply of 500 million HONOR tokens. When it reaches 500 million, HONOR won't mint. Tho this might change according to DAO vote by $HONOR token holders.
Last modified 10mo ago