Teddy Cash
  • Introduction
  • General
  • Borrowing
  • Stability Pool and Liquidations
  • Redemptions and TSD Price Stability
  • Frontend Operators
  • Contracts
  • Audits & Risks
  • TEDDY Rewards and Tokenomics
  • TEDDY Staking
  • Recovery Mode
  • AVAX/TSD LP Farming
  • AVAX/TEDDY LP Farming
  • Integrations
  • Links
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    • Medium
    • Website
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On this page
  • What is TEDDY?
  • What is TEDDY's max supply?
  • Why is Total Supply 100,000,000 on the contract?
  • Is TEDDY a governance token?
  • How can I earn TEDDY?
  • What can I do with TEDDY?
  • What is TEDDY's distribution schedule?
  • TEDDY Circulating Supply

TEDDY Rewards and Tokenomics

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Last updated 3 years ago

What is TEDDY?

TEDDY is the secondary token issued by the Teddy Cash protocol. It captures the fee revenue that is generated by the system and incentivizes early adopters and Frontend Operators.

TEDDY rewards will only accrue to Stability Providers — i.e. users who deposit TSD to the Stability Pool, frontends who facilitate those deposits, and liquidity providers of the TSD:AVAX Pangolin pool.

What is TEDDY's max supply?

TEDDY has a max supply of 82,000,000 tokens.

Why is Total Supply 100,000,000 on the contract?

The total supply initially was designed to be 100,000,000 TEDDY. Due to a mistake during deployment of contracts, the Stability Pool rewards contract will only be able to reward 32M out of the 50M assigned tokens. This means that the remaining 18M tokens are stuck on the contract and essentially burned.

Is TEDDY a governance token?

TEDDY is not a governance token at this time but that may change.

How can I earn TEDDY?

TEDDY is earned in three ways:

  • Depositing TSD into the .

  • Facilitating Stability Pool deposits through your .

  • Providing liquidity to the TSD:AVAX Pangolin pool.

What can I do with TEDDY?

What is TEDDY's distribution schedule?

TEDDY's community issuance (outside of LP incentives and the Community Reserve) follows a yearly halving schedule, described by the following function: 32,000,000 * (1–0.5^year). The purpose of this issuance curve is to favorably incentivize early adopters while also maintaining incentives for the long term.

As noted earlier, Teddy has a max supply of 82,000,000 tokens.

  • 42.6% Community and early adopter rewards

    • 39% for stability pool early adopter rewards. Distributed over 5 years.

      • Year 1: 16,000,000 TEDDY

      • Year 2: 8,000,000 TEDDY

      • Year 3: 4,000,000 TEDDY

      • Year 4 : 2,000,000 TEDDY

      • Year 5: 1,000,000 TEDDY

      • Year X: ...

    • 3.6% for AVAX/TSD Pangolin LP rewards

      • 3,000,000 TEDDY Distributed over the first 6 weeks

  • 33% Treasury for partnerships, advisors, marketing and other rewards, e.g. additional LP rewards.

    • 1M tokens was used for AVAX/TEDDY pool2 rewards.

  • 24.4% Team. Locked for 1 year by smart contract. Then 25% is granted by a multi-sig every quarter.

TEDDY Circulating Supply

Circulating supply figures below and in the excel EXCLUDE the treasury (26M remaining). The treasury may be used to fund further liquidity pools. When funds are allocated the figures below will be updated.

Date

Circulating Supply

2021-08-26

0

2021-09-26

5,120,352

2022-08-26

26,120,352

2023-08-26

49,120,352

2024-08-26

53,120,352

2025-08-26

56,120,352

Detailed circulating supply can be found here:

TEDDY holders can stake their tokens to earn the fees generated by loan issuance and TSD . Learn more about .

Stability Pool
frontend
redemptions
staking
66KB
Teddy circulating supply (3).xlsx
TEDDY circulating supply