Emissions

KODO emissions for each epoch

The initial total supply of $KODO tokens is 400M. Each epoch, $KODO will undergo the following three forms of supply expansion:

• Weekly Emissions: Weekly emissions start at 15M $KODO (3.75% of the initial supply), with a release amount decreasing by 1% per week. All released $KODO tokens are allocated to Liquidity Providers (LPs).

• Rebase: $veKODO holders receive a $KODO rebase during each epoch proportional to both the LP emission and the $KODO lock-up ratio, reducing vote power dilution for $veKODO. $veKODO rebase does not affect weekly emissions distributed to liquidity providers.

  The calculation formula for the rebase is structured to provide greater rewards to $veKODO holders when the lock-up ratio decreases, incentivizing further lock-ups:

$$\text{{Rebase}} = \text{{Weekly Emissions}} \times \left(1 - \frac{{\text{{veKODO.Total Supply}}}}{{\text{{KODO.Total Supply}}}}\right)^2 \times 0.5$$

• Team Emissions: Kodo will ensure its long-term sustainability by having a dedicated team focused on supporting the product decentralization, documentation, community, and ecosystem. To cover ongoing expenses and all the upcoming development efforts, ~3% of the emissions will be going to the team address.

Emission Schedule

Distribution Rules for Weekly Emissions

• Weekly $KODO rewards are allocated to liquidity pools based on $veKODO vote power ratios for each epoch. LPs earn rewards in proportion to their liquidity contribution and duration in each pool.

• $KODO rewards are streamlined and accumulative, and can be withdrawn as liquid $KODO at any time, offering flexibility and immediate value to participants.