Economic Design

LST Economic Design

Lambswap Token (LST) is the utility and governance token of LambSwap. If you hold LST in your wallet, you receive a discount on fees. LST is native to the Binance smart chain (as an BEP20), Polygon blockchain (as an ERC20 and is also available on the Solana blockchain (as an SPL token).

How to Earn $LST?

LST will be majority owned by the community, with almost two-thirds (73%) of the total supply distributed to the larger community.

50% of LST’s total supply is allocated as “community incentives,” to be distributed across a wide variety of initiatives:

• Airdrops

• LP rewards

• Trade mining rewards

• Trading fee cash backs

• Staking

• And more to be announced

We’ve optimized the design of the $LST token to:

• Incentivize trading, aka the “Trading Black Hole”

• Govern the LambSwap protocol in a decentralized manner

• Progressively decentralize towards majority ownership by the community

• Reward positive user actions and community contributions

• Permissioned access to content and apps

• Fund growth efforts and community projects

• Complement and accrue value to the $LST token, LambSwap community, and other NFT and GameFi ecosystem asset

Community Governed Incentives

To ensure a balanced distribution of LST that fulfills the above-mentioned first principles, the weighting of LST’s community distribution will be adjusted seasonally.

These seasonal adjustments will be informed by closely tracked metrics, and will eventually be determined by community governance.

Deflationary Auto Burn

Since the coin is deflationary, the supply keeps decreasing with every transaction ensure limited availability in near future. Deflation comes with burn wallet being one of the holder of $LST tokens, hence participating in LP acquisition and auto burning tokens.

LambSwap 4 simple functions: LP acquisition + Burn + Buy Back + marketing purposes. In each trade, the buy transaction is charged a 6% and sell transaction a 10% fee, which is split 2 ways.

Buy Fee

Reflection Rate: 6% buy fee will be reflected as follows

• {Burn 1%, LP 2%, Marketing 1%, Buy Back 1%}

• Automatic Liquidity and burn mechanism

Sell Fee

Reflection Rate: 10% buy fee will be reflected as follows

• {Burn 2%, LP 4%, Marketing 2%, Buy Back 2%}

• Automatic Liquidity and burn mechanis

Mining Rate

• 10000 LST / block

• Will be reduced at the time that needed based on market situations.

• 667,579,908 LST / day and gradually reduced up to 66,757,998 / day or lower until all tokens are mined

• 9.09% to the dev team to ensure essential growth of the project

Why $LST Has A Hard Cap?

There's a hard cap on the supply of $LST, with a burn mechanism making it a deflationary token.

$LST primary function is to become a deflationary utility coin with decreased supply and increased value over time, to incentivize people to mine it, hold it and use it.

The Deflationary Mechanism

• All the transaction fee are used for LST token burning

• All the rewards from accounts with no referrer are used for LST token burning.

• 50% of the trading fees are used for buying the LST tokens back from the market and burning them.

• LST Auto Compound performance fee is used for token burning.

• 15% of LST from NFT Sales Revenue

Other burning mechanisms

• Developing games for burning mechanisms. Regular token burns are built into many of LST's products.

• New ideas and developments such as Predictions betting in progress.

LambSwap Token Metrics

Specification:

• Token Name: LambSwap Token

• Ticker: LST

• Blockchain: Binance Smart Chain, Polygon, Solana

• Standard: BEP20, ST-20, SPL

• Max Supply: 1,000,000,000,000 LST

• Circulating Supply: 85,000,000,000 LST

• Allocation on-chains:

  • BSC: 39,000,000,000 LST

  • Polygon: 23,000,000,000 LST

  • Solana: 15,000,000,000 LST

LambSwap Token On BSC

• Ticker Symbol: LST

• Chain: Binance Smart Chain (BEP-20)

• Max Supply: 500 000 000 000 LST tokens

• Start of Supply: from 39 000 000 000 LST tokens (allocated for the IDO, initial liquidity, marketing, and strategic partnership purposes)

• Contract Address:

Distribution of Tokens

Allocation of 366 billion LST tokens is as follows:

• Farms / Launchpools: 80.7% per block

• Referral Program: 4.3% per block

• SAFU: 1% per block

• Team: 9% per block

• Investment Fund: 5% per block

Distribution LST Tokens on BSC

LambSwap Token On Polygon

• Ticker Symbol: LST

• Chain: Polygon Chain (SLT Token)

• Max Supply: 300 000 000 000 LST tokens

• Start of Supply: from 23 000 000 000 LST tokens (allocated for the IDO, initial liquidity, marketing, and strategic partnership purposes)

• Contract Address:

Distribution of Tokens

Allocation of 277 billion LST tokens is as follows:

• Farms / Launchpools: 80.7% per block

• Referral Program: 4.3% per block

• SAFU: 1% per block

• Team: 9% per block

• Investment Fund: 5% per block

Distribution LST Tokens on Polygon

LambSwap Token On Solana

• Ticker Symbol: LST

• Chain : Solana Chain (SPL token)

• Max Supply: 200 000 000 000 LST tokens

• Start of Supply: from 23 000 000 000 LST tokens (allocated for the IDO, initial liquidity, marketing, and strategic partnership purposes)

• Contract Address:

Distribution of Tokens

Allocation of 177 billion LST tokens is as follows:

• Farms / Launchpools: 80.7% per block

• Referral Program: 4.3% per block

• SAFU: 1% per block

• Team: 9% per block

• Investment Fund: 5% per block