🌾Token farming program (coming soon)

👩‍🌾 What is token farming ?

The token farming program consists of a point distribution system adopted by Monitok. It can be considered as the extension of the referral program after the Token Generation Event (TGE) which marks the end of the previous program and the start of the new one.

As our platform evolves, this program will provide insights into the ongoing initiatives, features, and future plans for our users within our ecosystem. The point system is designed to foster user engagement, loyalty and growth, aligning with the fast-paced changes in the crypto landscape.

🤔 How does it work ?

The program will use a large part for the token supply allocated to Community Incentives, which represents 25% of the total token supply or 25,000,000 tokens.

The rewards will be distributed at the end of every epoch, each lasting one month. In total, there will be 18 epochs therefore the program will span 18 months.

The tokens will be distributed in an exponentially increasing manner over the epochs, the allocation model will grow at a steady rate of 20% each month.

Token distribution per epoch will be defined as :

Tokens $epoch$=Tokens $initial$ × (Growth Rate)$(epoch number - 1)$