πŸͺ™Runner Finance Tokens

1: $ADIDAS is an algorithmic stablecoin that is pegged 1-1 with $GMT, the protocol's algorithm creates stability and price balance in the long run

(ADIDAS adopts algorithm to pegs so won't be able to hold 1:1 all the time like other fiat-backed stablecoins)

2: $NIKE is the main token used in staking activities and the token earned through it

$NIKE has a maximum total supply of 75.010 tokens distributed as follows:

  • Team Allocation: 250 $ADIDAS + 5 $NIKE vested linearly over 60 days

  • Reward : 70.000 $NIKE are allocated for incentivizing Liquidity Providers for 166 days

  • Initial mint: 10 $NIKE minted upon contract creation for initial pool

3: $ASICS is the token used as a backup of $ADIDAS when the ADIDAS:GMT pegs exceeds 1.01 or drops. $ASICS will be used to compensate or earn back for investors during these times

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