🪙

Tokenomics

  • Initial price was set to $0.5 per $FBA.
  • Initial liquidity added to Beethoven was 400k $FBA and $200k USDC ($400k USD Total).
  • Total amount of $FBA minted is Fee / $FBA price (extracted from 24hr).
    • Example Mint of $1 in Fees: $1 / Current $FBA Price = FBA (token amount) minted
  • Minimum minting price is "hard-coded" to $0.1 to reduce mass-inflation (value can be modified).