Minting is limited in the token contract to 10 million $BRIGHT per year. An additional lock prevents any minting during the first year beyond the initial minted supply.
Initial Minted Supply (25 million)
๐๏ธ BrightDAO (10 million)
This will supply BrightDAOโs initiatives for the upcoming year and beyond. BrightDAO can mint up to 10 million $BRIGHT per year as set forth in โMax Supplyโ.
โ๏ธ Stake $BRIGHT/HNY LP in the farm (350,000) , 2 months
Rewards program for providing liquidity to the BRIGHT/HNY pair on Honeyswap and then depositing LP tokens in the farm page.
โ๏ธ Stake $BRIGHT/ETH LP in the farm (350,000) , 2 months
Rewards program for providing liquidity to the BRIGHT/ETH pair on Uniswap v3 and then depositing LP tokens in the farm page.
โ๏ธ Stake $Subs in the farm (6,000,000) , 24 months
Subs are a crucial part of the BrightID ecosystem. Subs holders are app creators who sponsor their users and pay for BrightID as a public good. We want to reward them with $BRIGHT so they can participate in community initiatives.
๐ฉโ๐ฌBounties and Hackathons (150,000)
We're setting aside $BRIGHT for developers who contribute to BrightID's open source platform or build on BrightID. This pool can also be used to fund research and security bounties.
๐BrightID Stars (200,000)
Stars are some of the brightest members of the community. They'reresponsible for helping on-board new users and supporting the community through our communication channels. We want to reward these members with ongoing $BRIGHT token payments.
๐ฐBrightID Faucet (250,000)
We want to distribute $BRIGHT to all past members, but also those that join the community after launch. New users will be able to visit the faucet page to claim $BRIGHT based on the in-app achievements they have completed.
๐RabbitHole Campaign (125,000)
RabbitHole is a platform that incentivizes users to learn about and try new web3 protocols. They are also one of the apps that use BrightID for Sybil resistance. We will set aside $BRIGHT to fund a RabbitHole campaign.
Decentralized exchanges are evolving quickly. Weโre setting aside $BRIGHT for providing liquidity in ways that BrightDAO will determine in the future.
