FAIRY Mining Schedule

The vesting schedule is algorithmically specified as follows: the first 24 days since launch features extremely lucrative returns for yield farmers with 1.7M FAIRY tokens released through liquidity mining: 100K FAIRY daily release for the first 10 days and 50K FAIRY Daily Release after the first halving happening on Day 10; starting from Day 24, the number of FAIRY daily release “halves” at a rate of 80% every 40 days. This pattern continues into perpetuity. For reference, during the first four years, roughly 9,697,404 FAIRY will be distributed to liquidity miners cumulatively. The full schedule of distribution of FAIRY in the liquidity mining allocation is shown below.

The liquidity mining program starts on mainnet launch and will cover the following pools on FairySwap:

Fairy pairs	weight	Daily token distrbution
Fairy/FRA	32	32,000
Fairy/ETH	10	10,000
Fairy/BNB	10	10,000
Fairy/BUSD	10	10,000
FRA pairs
FRA/ETH	3	3,000
FRA/BNB	3	3,000
FRA/BUSD	3	3,000
FRA/USDT	3	3,000
FRA/BTCB	3	3,000
Other pairs
ETH/BUSD	5	5,000
BNB/BUSD	5	5,000
Staking
Fairy	8	8,000
FRA	12	12,000
Total	100
Total daily rewards	100,000
TVL	15,600,000

FAIRY mining rewards will be allocated per pool proportional to liquidity as calculated by the total value in the pool, adjusted by reward multipliers. To reward early holders of fairy tokens for their dedication, evangelism and engagement which secure the sustainability of the protocol, FAIRY trading pools are configured with higher initial multipliers.