> For the complete documentation index, see [llms.txt](https://learn.apy.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://learn.apy.fun/protocol/yield-tokenomics.md).

# YIELD Tokenomics

<figure><img src="/files/VmzLC33C36uTAxI8SabY" alt=""><figcaption></figcaption></figure>

### Token basics

* **Chain:** Solana (SPL)
* **Ticker:** $YIELD
* **Decimals:** 9
* **Role:** Reward token for APY.fun staking pools

### Supply & allocation

* **Initial supply:** **1,000,000,000 $YIELD**

**Allocation**

* **Staking emissions:** **60%** (600M) — via MasterChef
* **Treasury / Ops / Audits / Partnerships:** **15%** (150M)
* **Liquidity & market making:** **10%** (100M)
* **Team & core contributors:** **10%** (100M) — 12-month cliff, 36-month linear vest
* **Ecosystem grants & partnerships:** **5%** (50M)

### Emissions (Masterchef)

* **Epoch cadence:** every **6 hours**
* **Initial emission:** **\~225,000 $YIELD per epoch** (all pools combined)
* **Decay:** **–12% every 90 days** (quarterly)
* **Target duration:** \~**4 years** to distribute \~**600M** to stakers
* **Dev/Treasury fee:** **10%** of each epoch’s emission → **Treasury**
  * **90%** to **stakers**, **10%** to **Treasury**

> Emission rate / decay are configurable (admin → governance later).

### Pool distribution (recap)

* Rewards go only to **active pools** (after **Activation Goal**).
* Each epoch’s reward budget splits: **20% equal** across active pools, **80% proportional** to each pool’s **fees** (deposits/withdrawals).
* **Tips (SOL)** boost **APR** but **do not** activate pools.

### $YIELD utility (v1)

* **Staking rewards** for APY.fun pools.
* **Future:** governance over protocol params (emissions, lock times, listings), fee discounts, advanced boost mechanics.

### Addresses

* **$YIELD mint:** `TBD`
* **Treasury:** `TBD`
* **MasterChef / RewardDistributor:** `TBD`


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