Tokenomics

$YOLK is the local utility token for the Degen Cock Fight Club.

$YOLK is an SPL-Token following the 64-bit unit with the standard 9 decimals. The token will be used for all transactions in the Degen Cock Fight Club.

$YOLK Distribution

Allocation	Supply	Percentage (%)
Dividends	162,206,000	35%
LP & Treasury Reserve	139,033,714	30%
Game House Wallet	92,689,143	20%
Partnerships	23,172,286	5%
Team funds	46,344,571	10%

Each one of the 3,333 Degen Cocks will receive 10 tokens daily. This will be sustainable for 5 years. Tokens can be used to place bets in the DCFC cock fighting game, as well as breed their Degen Cocks. Each of the 2nd generation cocks, aka The Stags, will receive 20 tokens daily (or 200% of the original Degen Cock). A Liquidity Pool will be created with 3.75% of the total supply and 20,000 USDC. Holders will be able to contribute to this LP to earn rewards. Note that 20% of all token supply will be allocated to the cock fight house wallet. All bets placed will be subject to a 5% take rate to sustain the house wallet.

Note: The treasury reserve will only be unlocked once the 35% allocated to both generations of fighting cocks are depleted.

Deflationary: Aside from 50% of the breeding proceeds being burned, daily dividends will be reduced to 50% of the original amount once the 5-year supply of dividends has been depleted. Halving will then occur every 2 years perpetually.