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Hey guys! The market have had a negative effect in the development funds of the HK team so we are asking for your help, if you have some spare minutes we invite to read our development DHF proposal🔥

We're already at 91% of the votes necessary to be funded! You can help us by sharing our proposal to your HIVE friends :) !!

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BUDS General Tokenomics

- PRICE TODAY: 0.00020842 HIVE/BUDS

- TOTAL SUPPLY: 464810667.70

- CIRCULATING SUPPLY: 311932550.881

- EMISSION PER DAY: 1.5 MILLION BUDS

- DEFLATION RATE: -5% PER MONTH

- DEFLATION ACCUMULATED: -13%

Deflation, in this case, refers to how much less % of BUDS, the seeds production range is getting and is introduced on a monthly basis over the last range.

Deflation accumulated, is how much less % of BUDS are being produced in the range of the seeds compared to the first month in which deflation started.

Emission per day is the average of new BUDS created per day in the last week in the farming game.

Thanks to our emission system, only the land plots through the farming game can create new BUDS, and so this emission rate is limited to the number of land plots, the production range of their seeds, and their sprouting time.

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BUDS SUPPLY DISTRIBUTION

Did you ever wonder how our beloved token is distributed in the ecosystem?

Well, the rate of BUDS joining the staking pool haven't decreased since we launched it more than one month ago, and seems the BUDS distribution is mostly non-liquid. We have a big % already burned which along with the BUDS staked is 3% away of being half of our supply. Then raids and curation have another good share of the distribution.

Something that's also cool is the fact we are burning a good amount of BUDS weekly considering how many are created per day, this week in fact we burned an ENTIRE day of emission.

Last Burning event - 1.58 MILLION BUDS

HK features different ways to keep our tokenomics healthy and of them is our philosophy of burning all the BUDS that are spent over the HK ecosystem, and yeah! Who doesn't love to burn some BUDS, right?

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BUDS STAKING REWARDS + HIGH APR

As you already know, the initial rewards for the staking are BUDS that are bought directly from the market (so isn't inflationary).

• TOTAL HIVE IN REWARDS: 4553.91 HIVE
• NEXT STAKING REWARDS: 217056 BUDS BUDS
• TOTAL BUDS STAKED: 62791834.795 BUDS
• APR IN BUDS BASED IN THE LAST REWARD: 126.17% APR
• APY: 252.37%

Formula for APR = ((NEXT BUDS REWARDS / TOTAL BUDS STAKED) * 100 ) * 365

We can proudly say we have the highest non-inflationary staking APR and APY in HIVE

Also is amazing that we have been offering an APR of more than 100% for more than one month already! And despite all the terrible scenario the market is facing is a show of how strong are our tokenomics.

BUDS CURATION REWARDS STATS

Basically, 10% of the BUDS from the treasury will be sent to @hk-curation constantly, and daily 2% of all the BUDS in the @hk-curation will be dropped to all the HP delegators. All the curation rewards will go to the staking rewards increasing the APR.

• HP delegated: 23,193.964 HP
• HP earned that is pending to join the staking pool: 60.207 HP
• Rewards BUDS pool: 2,742,313.88 BUDS
• Today delegation APR: 10.49%

We have to consider that the benefits of increasing the delegations received have a delayed effect as there's a 13 weeks period necessary to power down the HP, but at the same time this will reward the users that are tracking it growing.

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¿How to support HK development?

Considering the last downtrends of the market, this has affected us in our development funding, so we really appreciate every kind of help you can give us by supporting our work.

If you like how we are developing the Hashkings metaverse/ecosystem there are plenty ways in which you can give us a hand:

• Leave us a supporting message in our discord <3
• Upvote and share our posts
• Writing posts about Hashkings (we love organic growth)
• Upgrading water towers
• Buying avatar packs
• Voting for our HIVE witness @hashkings
• Voting for our development proposal. # VOTE HERE 🔥

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• Twitter
• Medium
• Discord
• Farming Game
• Raids Game
• Hashkings wiki
• Hashkings HUB
• Avatars forge
• BUDS staking

And of course on HIVE

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