🪙Tokenomics
Last updated
Last updated
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).