$BEAN is a utility token required to reduce fees on Bistro and unlock exclusive privileges for certain NFTs.
What is $BEAN?
$BEAN is an incentive token distributed to those who stake the Liquid Loans $LOAN token through Barista.
BEAN Token Information
Total Supply at the end of the emissions schedule: 369,369,369,369
50% allocated to the community via Barista/LOAN staking (emissions halve every year)
20% allocated to the community through various airdrops
12% allocated to the team and contributors
10% distributed to MCR369 stakers in the Buffett pool (dripped over the first 6 months, approximately!)
08/08/2024: #BEAN drip extended to reward MCR369 stakers! Please note that there is no expectation for the amount or duration of the additional #BEAN drip!
8% allocated to liquidity providers (LPs) across various platforms, with varying schedules