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)
🏛️ BrightDAO (10 million)
This will supply BrightDAO’s initiatives for the upcoming year and beyond. BrightDAO can mint up to 10 million $BRIGHT per year as set forth in “Max Supply”.
✔️ 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.
✔️ 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.
✔️ 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.
👩🔬Bounties 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.
🌟BrightID 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.
🚰BrightID 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.
🐇RabbitHole 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.
