100 million $LSD will be minted at genesis. The initial allocation is as follows:
We’ll be updating our token distribution plan as we get further along on validating our minimum-viable protocol (MVP) and a better understanding of the various participants in our ecosystem. Once a category is added or aggregated, no new changes in any currently distributed tokens can be made. We think this method of revealing and updating token distribution in stages make more sense rather than the norm of what most new projects do by either following herd mentality on industry standards or trying to predict in advance all participants required to sustain their economy.
The main method for generating value for our token holders is by paying out protocol yield. LSD is a marketplace for selling future real yield. Our first token being supported is $LOOKS. If you sell future yield on $LOOKS, there is a percentage fee being charged by the marketplace. That fee will be distributed proportionally to holders of $LSD, who are believing and betting that as the platform grows, those fees will go up.