Hey LasseCash Community,
As we continue working behind the scenes on the core infrastructure and mapping out the ideas for the upcoming dApps for the LasseCash ecosystem, it is time to officially solidify our Post-MAGI Tokenomics.
Through careful evaluation of free-market economics, long-term sustainability, and AnCap principles, we have settled on a model that is simple, mathematically locked, and heavily rewards early supporters.
Here is the finalized design for the LasseCash economic engine once we complete the migration to MAGI.
To keep our tokenomics pure and completely transparent, we are executing a Clean Burn Snapshot at migration:
@null) will be snapshotted and migrated 1:1 to MAGI.@lassecash Reserve: The remaining, undistributed balance sitting in the historical @lassecash account at the time of the snapshot will NOT be migrated. It will be permanently burned (0%).This decision immediately increases the scarcity of all existing circulating tokens and rewards everyone who took the risk of holding and supporting LasseCash during our first 7 years.
Following the migration, total future inflation (remaining from the total MAX CAP at 51 million forever) is capped at exactly 20,000,000 $LASSECASH forever after migration.
Inflation will be issued programmatically on a per-block basis (1 block = 3 seconds) and will undergo a 50% Halving every 3 years (every 31,536,000 blocks).
Because of this mathematical geometric reduction, new token emissions will asymptotically approach 20 Million over the coming decades without ever exceeding it.
| Period (Years) | Total 3-Year Emission | Annual Emission | Approx. Per-Block Reward |
|---|---|---|---|
| Years 1 โ 3 | 10,000,000 $LC | ~3,333,333 $LC | ~0.317 $LC |
| Years 4 โ 6 | 5,000,000 $LC | ~1,666,666 $LC | ~0.158 $LC |
| Years 7 โ 9 | 2,500,000 $LC | ~833,333 $LC | ~0.079 $LC |
| Years 10 โ 12 | 1,250,000 $LC | ~416,666 $LC | ~0.039 $LC |
Every newly minted block reward will be automatically divided into four distinct streams:
โ๏ธ 25% โ Content & Post Rewards (Forever)
Continuously rewarding authors, bloggers, and curators who bring activity and value to our platforms daily.
๐ง 25% โ Liquidity Pool (LP) Rewards (Forever)
Incentivizing liquidity providers on MAGI swap pools to ensure deep market depth, low slippage, and healthy trading.
๐ ๏ธ 30% โ Founder Ecosystem Reserve (Temporary)
๐ณ๏ธ 20% โ Public Proposal System (Forever)
We are building on the principles of Immutable Smart Contracts:
While the exact migration snapshot date is yet to be announced, the economic rules are now locked in principle.
Development on core components and our upcoming dApps continues behind the scenes. We will announce releases as they become operational on GitHub and live domains.
Thank you for being part of this journey!
You heard it here first.
Lasse Ehlers
Posted using LasseCash