🏇LHRC Tokenomics

LHRC is the in-game token of the Lazy Horse Metaverse. When used in-game, the token distribution is as follows:

Property/Asset Owner 50% / 40% Community Staking Pool / 5% IP / 5% Charity

The community pool is governed by the members and can be allocated for rewards, airdrops or can be locked.

Ticker: LHRC

Contract: https://cronoscan.com/token/0xefd450027bd0ee84afafbc75f5a80c367efbf651

Total minted supply: 1,000,000,000 LHRC.

99.59% LHRC of supply is locked in token lockers:

75% (750,000,000 LHRC) of the total supply is locked for a period of 10 years. Each year over the next 10 years, 75,000,000 LHRC will be released from the locker. The Lazy Horse Race Club members will decide what to do with tokens at every unlock via the proposal and voting platform through the advisory board. This allows the community to develop LHRC economic policy as we move forward.

Token locker #1: https://dexpad.io/lockers/view-locker-detail/?id=177&add=0xEfD450027bD0EE84AfaFbC75f5A80C367eFBF651&type=tokenlock&chain=CRO

Token locker #2: https://dexpad.io/lockers/view-locker-detail/?id=231&add=0xEfD450027bD0EE84AfaFbC75f5A80C367eFBF651&type=tokenlock&chain=CRO

20% of the supply is locked and scheduled for release in a year. Same as above, community proposal and voting will decide use and economic policy through the advisory board.

Token locker #3:https://dexpad.io/lockers/view-locker-detail/?id=206&add=0xEfD450027bD0EE84AfaFbC75f5A80C367eFBF651&type=tokenlock&chain=CRO

The remaining portion of the locked supply (is scheduled to become unlocked Feb. 2, 2022). These tokens are allocated to the LHRC Staking Barn pool upon launch.

Token locker #4: https://dexpad.io/lockers/view-locker-detail/?id=220&add=0xEfD450027bD0EE84AfaFbC75f5A80C367eFBF651&type=tokenlock&chain=CRO

LHRC tokens currently outside of the token lockers are allocated as follows:

400,000 LHRC for staking pool rewards

50,000 LHRC for Founding Member Airdrop (Completed)

250,000 LHRC for full member airdrop after next mint

100,000 LHRC initial circulating liquidity

33,000 LHRC to be paired with liquidity by devs after Jan. 21st mint

Current Allocation	Amount of LHRC	% of Total Supply
10 year locker	750000000	75%
1 year locker	200000000	20%
30 day locker	49200000	4.92%
Staking Rewards	400000	0.04%
Member Airdrops	300000	0.03%
Circulating Liquidity	100000	0.01%

All LHRC in token lockers are governed by the community via the Lazy Horse Proposal and Voting Platform.