Pharo GreenPaper: Tokenomics

Pharo Tokenomics

Deflationary Mechanism

  1. Redistributed as rewards
  2. Added to the reinsurance liquidity pool (reserve pool)
  3. Added to DEX liquidity pools
  4. Burned

Rewards Distribution

Stable Market


DEX or Burn

Limits of Inflation and Deflation

Maximum Market Inflation aka Kickstart Inflation

Maximum Perpetual Inflation


Rabbit Hole

  1. Minting new $PHRO,
  2. Selling back into the market,
  3. Adding liquidity to $PHRO liquidity pools, or
  4. Burning $PHRO



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