# Tokenomics & ILO

## Contract addresses

| **Protocol**  | Ticker | Contract Address |
| ------------- | ------ | ---------------- |
| **Avalanche** | BAKER  |                  |

## **Supply & Emission**

**MAX Supply: 3,343,241** $BAKER

**There is no emission of BAKER. The rewards on the governance pool are distributed through buyback mechanisms with the profits of the protocol**

**Buyback Mechanisms:** all revenues generated by the different financial services in the platform are used to buy back BAKER and are distributed through the governance pool.

* **Leveraged Yield Farming**: you can check buyback mechanisms [here](https://baker-finance.gitbook.io/baker-finance/leveraged-yield-farming/global-parameters)

## Initial Launch Offer

**The first launch will be in the BNB Chain** 

**MAX Supply: 3,343,241 $BAKER**

19% Locked Liquidity (625,000 BAKER) 

40% Presale (1,338,241 BAKER) 

24% Marketing (800,000 BAKER)

12% Pool Rewards (400,000 BAKER) 

4% Team & Devs (**locked**) (130,000 BAKER) 

1% General Reserve (50,000 BAKER)

### General information ILO:

Amount to be raised: 500,000 USDC.e

ILO token price: 

* Tier 1: 0.392 USDC.e (446,429 BAKER)
* Tier 2: 0.380 USDC.e (197,368 BAKER)
* Tier 3: 0.360 USDC.e (694,444 BAKER)

**Listing Price:** 1.0 BAKER = 0.4 USDC.e

**Initial Market Cap:**  $1,337,296