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Mead

Mead MEAD Price N/A

MEAD Price

N/A

General Info

Contracts/Explorers:

Avalanche C-Chain

Tags (Sub-Categories):

#Inactive

Description

MEAD is the utility token for The Tavern - a passive income protocol on Avalanche

Additional Data

Max Supply

MEAD 2,500,000

Total Supply

MEAD 2,500,000

What is Mead (MEAD)?

The Tavern is a passive income protocol that improves upon current node projects, by combining gamification, NFTs and a treasury-backed token to reward participants sustainably over the long term. The protocol allows users to purchase BREWERYs, which continually produce MEAD at a fixed rate - for life.

MEAD is the utility token for The Tavern, and it's where everything begins. MEAD tokens enter the ecosystem via BREWERYs. There is a claim tax when a brewer wishes to withdraw their earned MEAD; and a further sell tax of 10%. This not only helps shave off some of the impact from whales, but it prevents bots from profiting at launch.

A BREWERY is a special yield bearing NFT that rewards you a fixed amount of MEAD, daily. Starting at 2 MEAD a day, eventually as you level up your brewering structures they'll produce more and more MEAD.

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