Neonic Finance

• DEFLATIONARY TOKEN EMISSION

In Neonic.finance we will reduce the emission rate by 1 BLOCK every 24 hours until we reach zero token emission. Then no more tokens will be minted, and the supply will be fixed. The emission rate decrease can be paused if necessary (if market cap is decreasing for example) and then retaken but will never increase.

• LIMITED SUPPLY

Once the token emission reaches zero, the token supply will be limited. The final number of minted tokens will depend on the volume, market cap, manual and automatic burns, etc.

• BURNING MECHANISM

$NEON will have two unique burning mechanisms:

A) Manual burn, the classic burning mechanism that works in most of the yield farms but with an added feature.

B) Automatic burn, it’s an innovative feature that will automatically burn 1% of each transaction. According to our simulations this will result in an approximate 20% automatic burning of the total minted tokens, depending on traffic, volume, etc.

Manual burning specifics:

Another feature that makes neonic.finance token different from others is that most yield farms “burn” tokens by sending them to a dead address and removing them from the circulating supply, but they are not really burned and can be relocated on the circulating supply. 

• IMPROVEMENTS IN CONTRACT EFFICIENCY:

In Neonic.finance we worked hard in order to develop an enhanced code that makes gas utilization more efficient than conventional yield farms, hence, less gas=more profits