TOKEN ALLOCATIONS

ABOUT ALLOCATION LOCATIONS

DISPENSARY

Tokens allocated to the dispensary will be sold to the public at a set price. Giving people an opportunity to purchase a larger amount of $HERB then received from staking rewards.

ADA BUDZ NFT STAKING

Tokens allocated to our NFT staking will be claimable at a specified rate. Each wallet that holds an Ada Budz NFT can claim $HERB tokens each epoch.

TREASURY

Tokens allocated to the treasury are to be used for future development of the project. Do not confuse these for tokens to be used to pay team members. If tokens from the treasury are sold, the funds gained will ONLY be used to better the project and nothing else.

PUBLIC DISTRIBUTION

An allocation has been set for chain-wide public distribution. This is done to help spread the word about the $HERB token. Anyone from the public can claim a small portion of $HERB tokens each epoch, using one of the provided methods.

HERB FARMS

A portion of tokens have been allocated to what is known as the herb farms. Wallets that delegate their $ADA to a herb farmer pool can claim $HERB tokens each epoch.

LIQUIDITY

A portion of the supply has been used to create a $ADA/$HERB liquidity pool. Allowing $HERB holders to instantly swap their $HERB > $ADA or vice versa whenever needed.

THIRD PARTY COLLABORATIONS

A portion of the supply has been allocated to collaborations and partnerships. This includes such things as the previous Ada Budz X VyFinance collaboration, where VyFinance hosted a vault on their platform. Which allowed their investors to start farming $HERB tokens.

LIQUIDITY PROVIDERS

A portion of the supply has been saved to reward $HERB liquidity providers in the future. Once commenced, $HERB LP holders will be able to farm extra $HERB each epoch.