INK

INK is the early LP provider rewards token.

The current model for $INK will be changing with the launch of the Any-Any Swap and will reflect the new revenue model for the project.

PRE-LAUNCH OF DEX (Now - Launch of Any-Any Swap)

The way that $INK operates before the launch of the Any-Any Swap will not change from the current model.

Staked INK generates PAPER rewards

There is a 5% tax on INK transfers, which goes directly to the Treasury wallet to support the longevity of the protocol.

There are taxes on the following transactions: Buying, selling, transferring to a different wallet, making or breaking an LP. There are no taxes on claiming INK rewards, or staking/unstaking an LP.

INK is not transferable between chains. The supply and market cap of INK is specific to each chain.

When the Any-Any Swap is launched, this system will be changing to the following

POST-LAUNCH OF DEX (Launch of Any-Any DEX - Indefinite)

INK will no longer be rewarded to PAPER-Native, INK-PAPER, AND PAPER LPs.

The INK circulating supply will, at that point, be capped for good. This means that there will be LESS THAN 100,000 INK on ALL chains indefinitely.

INK will also not be emitted on any future chain launches, meaning INK will forever be exclusive to the 9 chains that CryptoLink is on as of 29 OCT, 2022.

INK will have 1 LP to provide to, which will be how INK holders will claim the exclusive rewards that we have promised from Day 1. This LP will be INK-Native and will have a dynamic reward system.

INK-Native LP Rewards will be structured in the following way:

INK-Native LP will reward PAPER until the 50 Million PAPER hard cap is hit. upon the hard cap being reached, INK-Native LP will flip to a revenue share model with the Any-Any swap.

INK-Native LP for each chain will be rewarded with 10% of the Any-Any Swap Fees that CryptoLink accumulates over a given financial quarter on that chain.

The 10% allocated to INK-Native LP will be airdropped in the Blockchain's Native Token.

IMPORTANT:

There INK will not be emitted on any more chains. When the Any-Any Swap launches, the INK in circulation will be the total amount of INK ever emitted in total.

When PAPER emissions run out on a chain, the reward structure will switch. If the Any-Any Swap has NOT been launched on any given chain by that point, the INK-Native LP will NOT yield rewards until Any-Any Swap is launched there.

The Any-Any Swap will only be launched where there is demand, volume, and liquidity to allow for our model to exist in longevity.