$LPBS Tokenomics

$LPBS is the utility token that powers the ecosystem of LPBASE.

Symbol: LPBS

Contract address:

Chain: Arbitrum

Total Supply: 10,000,000

Token Distribution&Vesting

• Yield Farming: 50%.

• Team: 20%, 10% will be permanently locked, and 10% will be released at 1/5 of the Yield release amount.

• Fundraising: 15%, for private sales, public sales, and initial liquidity.

• DAO Grant: 10%, for marketing, operations, and branding.

• Airdrop: 5%, for ecosystem contributors.

Details to be announced.

Token Utility

• Fee Dividends 5% of all fees generated from all integrators based on LPBASE will be given to the $LPBS Locker or Burner.

• Boost Referral Rewards Locking or burning $LPBS will boost your rewards as a referrer by up to 3x.

• DAO Governance Participating in LPBASE DAO governance by locking or burning $LPBS.

Lock/Burn $LPBS

The locking period is fixed at one year, and locking $LPBS cannot be redeemed in advance; if you want to increase the locking amount, it will be recalculated for another year.

The burning amount is fixed at 1K, and a specific integrator needs to be delegated when burning.

After locking or burning $LPBS, you will receive locking points that prove your rights within the LPBASE ecosystem. These locking points are not tokens and are calculated on-chain（Lock 1 = 1 Point, Burn 1 = 10 Points).

For all benefits except boost referral rewards brought by locking/burning $LPBS, burning 1 $LPBS is equivalent to locking 10 $LPBS.

Fee Dividends

Daily dividends will be calculated based on the snapshot quantity of proof of rights token at the beginning of the day.

Your dividends = Daily Fee of LPBASE Protocol* 5% * Your locking points/Total locking points.

Boost Referral Rewards

Locking or burning $LPBS will boost your rewards as a referrer by up to 3x. Details are as follows:

Lock	Burn	Boost Multiplier
1		1.1x
10		1.3x
100		1.5x
1000		2x
	1000	3x

As a referrer of liquidity providers, the boost applies to the global LPBASE ecosystem and is determined by your total locking points. In this case, you do not need to delegate your locking points to any specific integrator.

However, if you are a referrer of traders on a particular integrator, the boost is specific to that integrator. It is based on the locking points you have delegated to that integrator, or whether you have burned $LPBS on that integrator.