Tokenomics & Emissions
Distribution
Below is the initial allocation of $HOOKED tokens, designed to launch a fair, decentralized ecosystem where incentives align with long-term growth.
Most of these allocations will be locked or vested in accordance with HOOKED’s governance model. For example, the veHOOKED DAO and Lock Incentivization allocations will transition into governance-locked positions under the binary lock mechanism to ensure stable, long-term participation.
Emissions
Emissions define how new $HOOKED tokens are minted and distributed over time, ensuring both growth and sustainability.
Basic Calculation:
Elastic Emissions
While there is a baseline schedule, actual emissions adapt based on protocol performance. Emissions can be adjusted by up to ± 25% per epoch depending on conditions such as:
- Protocol revenue relative to emissions
- Trends of multiple epochs where revenue exceeds emissions
Emissions Governance & Sustainability
To maintain trust, fairness, and long-term value, HOOKED embeds several governance & technical guardrails:
- Binary Lock System ensures users lock once and maintain voting power without decay.
- Exit Mechanism with vesting ensures orderly transitions and redirects value back into community programs.
- Oracle-Driven Fee Caps (e.g. fees never exceed a maximum rate) preserve trader protection.
- Anti-Manipulation Controls, including multi-sig gauge deployment and flash-loan protections, guard against governance attacks.
Summary
The tokenomics of HOOKED are designed to balance growth and sustainability. By combining initial distribution that rewards early contributors, dynamic emissions that adapt to real performance, and governance mechanisms that encourage long-term value creation, the system seeks to align the interests of token holders, liquidity providers, traders, and protocols.