# DARK (Darkcoin) Token

The DARK (Darkcoin) token is Darkside Finance's farming token, and it is rewarded by all staking and liquidity pools.

**Benefits**:

* 25% of all deposit fees are automatically used to provide liquidity support for DARK
* 50% of all dApp and other platform income will also be used to provide AMM support for DARK
* DARK APRs are always high; therefore, DARK is the key to farming the most CZDIAMOND possible&#x20;
* If the community decides to move on to Layer 4, DARK will be swappable for Layer 4 presale tokens!

**Transaction Fee:**

* A 6.66% transfer tax is deducted from each DARK token transfer, depending on whether the sale is to an automated market maker (AMM) pool:
  * 3% automatically provides automated market making (AMM) support for DARK
  * 3% goes to CZDIAMOND stakers
  * 0.66% is burned
* An additional 10% "**Asshole Fee**" is charged for dumping tokens on the AMM liquidity pool
  * Community members are requested to sell their tokens over-the-counter (OTC)
  * There will be no excuse not to comply with this request in Layer 3, when we release our on-chain OTC engine
* Several "**Non-Asshole**" actions are exempted from all transfer fees:
  * Staking and unstaking in all Darkside Finance pools
  * Liquidity token formation and destruction
    * Our special helper contract must be used to obtain the exemption for adding/removing LP
    * The helper contract will be linked on our website
  * Market buying (LP pair, 'from' direction only)
  * Sending to any Layer 4 presale contract that is implemented after activating the [Killswitch function](https://polywantsacracker.gitbook.io/darkside-finance/features/killswitch-function)

**Token Details:**

* Ticker: DARK
* Contract address: 0x1942b8262a0683B54f4f91D0c08dDD92ed6E8FE6
* Chain: Polygon Network (MATIC)
* Initial supply: 325,000 DARK
* Max Supply: None
  * In both Layers 1 and 2, the farming token expanded its supply to \~2.67x of its original value in \~2 weeks
  * This resulted in an initial supply expansion of 11.5%/day for LITHIUM
  * Layer 2 had a higher emission on the first day
  * This layer, we reduce the overall supply expansion/day to ensure longevity
  * DARK has approximately 4% initial supply expansion/day during the first 4-week CZDIAMOND half-life epoch (average of 0.3 DARK/block)
  * The DARK emission rate per block is reset at the conclusion of each CZDIAMOND half-life epoch
    * A new emission gradient is calculated that sets a new target emission per block at the end of the next 4-week half-life epoch &#x20;
* Minting of both DARK and CZDIAMOND tokens stops when killswitch function is activated

#### Distribution:

Distribution of 325,000-DARK starting supply:

* 250,000 to the public (MYFRIENDS + ARCADIUM presales)
* 25,000 Partnerships (any not used for partnerships will not be circulated)
* 50,000 initial liquidity (any not used for initial liquidity will be moved to partnerships)
* 0 to creators
* 0 infrastructure

**Emission Rate:**

{% hint style="success" %}
DARK will emit a satisfyingly large amount of tokens initially by following the "**Mirror to the Moon**" emission pattern!
{% endhint %}

For the first 4 weeks (i.e., the first CZDIAMOND half-life era), we have retained the "Mirror to the Moon" emission pattern, as our experiment with it during Layer 2 (Stadium Arcadium) was successful! After that, we switch to a different emission formula, explained below.

* Initial emission rate: 26.57 (100x) DARK/block
* Decreases linearly to 0.7972 (3x) DARK/block @ 5 minutes after start
* Then, decreases instantly to 0.2657 (1x) DARK/block @ 3 hours after start
* Then, increases linearly to 0.3322 DARK/block @ 4 weeks after start

#### What does the "Mirror to the Moon" accomplish?

* Emits >12 hours' worth of emissions in the first 3 hours (compared w/lowest rate)
* Displays incredibly high initial APRs
* Makes environment incredibly appealing to non-native stakers
  * Apes will throw in money with both fists
  * 75% of the deposit fees are distributed gradually to CZDIAMOND stakers
  * 25% of the deposit fees automatically go towards DARK AMM support
* Rapidly tapers down emissions after the initial rapid phase
* Increases emissions linearly towards the end of the first era, reducing changes in daily % supply expansion
  * However, the supply expansion (%/day) does still go down throughout the first era
* Provides more rapid compensation of deposit fees with only a temporally isolated impact on overall emissions

![](https://1226348151-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Mhe4BYXznQ-rurOyck4%2F-MhxVs0-JlRJnztI4Kof%2F-Mhy2ztJnqrijoAAATyX%2Fdark%20emission.png?alt=media\&token=8f964252-ff26-42e5-821f-546b1b0514bf)

This plot shows DARK emission for the first 100 hours.

After the first half-life era (4 weeks), we will perform an "APR reset" that will rapidly elevate the DARK emission rate:

[Block 20170000](https://polygonscan.com/block/countdown/20170000), Wednesday, October 13, 1215 GMT: DARK emission = 0.3322/block

[Block 20173200](https://polygonscan.com/block/countdown/20173200), Wednesday, October 13, 1415 GMT: DARK emission = 1.661/block

After other half-life eras, we will set a new linear emission gradient that ends at the end of the following 4-week period to result in the desired supply expansion according to the needs of the platform at the time. The emission can also be kept flat by not entering a gradient. (STB emission halves during each half-life era transition).

© 2021 Sugandese Tokens


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