Tokenomics

$DMND

Low Supply, Low Emission

$DMND will have an initial supply of 16 tokens. Let's do some analysis on the supply. Since price=mcap/supply then the table below gives us the initial price of $DMND at certain market cap milestones.

Marketcap (USD)	Price (USD)
50,000	3,125
100,000	6,250
200,000	12,500
500,000	31,250 (like $BTC now!)
1,000,000	62,500 (like $BTC last month!)

Keep in mind that these numbers won't stand once farming starts, as DiamondChef is minting more $DMND and adding it to the supply.

We can make a similar table for farm emissions in USD.

Price(USD)	Emission/block (USD=price*0.005)
3,125	15.625
6,250	31.25
12,500	62.50
31,250	125.00
62,500	312.50

We have seen many farms come and go, and ultimately they all follow one huge downward trend that starts right after launch. This trend is almost unavoidable because of the inflationary nature of a farm's mechanism, but we think that there's a sweet spot that keeps things the most stable. If the market cap of $DMND is $200,000 at farm launch, its emissions will amount to ~$62.50 per block. This is a reasonable amount in our opinion. Not too high, nor too low. It will allow holders to hodl more securely and at the same time a very high APR will be on offer.

Summary of Tokenomics

Initial supply	16 $DMND
Dev Allocation	2 $DMND
Emission	0.005 $DMND/block

NO dev allocation will be taken from the deposit fees.

50% used for buying back on dips

50% used for future project developments