Emission Schedule
Last updated
Last updated
The initial supply of $KELL
is 700,000.
Weekly emissions start at 14,250$KELL
(2.04% of the initial supply) and decay at 4.75% per week (epoch).
A total of 300,000 $KELL
will be emitted.
$veKELL
holders receive a rebase proportional to epoch LP emissions and the ratio of $veKELL
to $KELL
supply, thus reducing vote power dilution for $veKELL.
The weekly rebase amount is calculated with the following formula:
(veKELL.totalSupply ÷ KELL.totalsupply)³ × 0.5 × Emissions
$veKELL
supply and rebase do not affect weekly LP emissions.