# Spoon Token

Spoon Finance is a fair launch project with no pre-sale, no investor, and no pre-mine.&#x20;

## Token Supply & Emission

The SPOON token supply is ten million (10,000,000) tokens to be emitted over about three years.

## Token Distribution <a href="#b8f0" id="b8f0"></a>

| supply          | distribution                                                   |
| --------------- | -------------------------------------------------------------- |
| 20% (2,000,000) | prepare liquidity on SpiritSwap and burn initial LP            |
| 80% (8,000,000) | staking reward, 10% of which as dev fund, 5% as operation fund |

## Reward Schedule

| time                     | month reward | day reward | lock ratio |
| ------------------------ | ------------ | ---------- | ---------- |
| 1st Month                | 3,000,000    | 100,000    | 90%        |
| 2\~6 month (5 months)    | 300,000      | 10,000     | 0%         |
| 7\~12 month (6 months)   | 200,000      | 6,666      | 0%         |
| 13\~35 month (23 months) | 100,000      | 3,333      | 0%         |

Locked reward will be released linear for 2 years from the 3rd month.

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