Proposal for The final allocation of NAR tokens to be distributed

VOTE: The final allocation of NAR tokens to be distributed via upcoming NAR/BNB V2 pool, NAR/BTC V2 pools. The remaining supply of NAR to be burned forever - effectively reducing the max capped supply. The $NAR token will become a priority token for on swap use. The $GOLD token will have a more expanded use for internal and external project purposes.

With the current situation of NAR, we believe that we must make impactful decisions if we want to steer this ship out of the rough seas. Bringing in a strong coded project is not enough, we need to improve and reboot tokenomics as well.

We have just published new details for the Liquidity Mining V2 phase. But we also want to grow together with the community and really allow NAR to be a project driven by the community. Hence today, we would like the NAR community to be a part of this decision.

⁃ In the current Narwhalswap Protocol, an 80% of NAR tokens supply has been allocated for liquidity mining (16.8 Million NAR). ⁃ Since the NAR farms went live 2 months ago, about 12 million NAR have been used (farmed/allocated) into the mining of these pools.

Moving forward, these the steps we would like to take. For the use of the remaining NAR allocations: ⁃ 2,100,000 NAR allocated to NAR/BNB V2 pool ⁃ 1,050,000 NAR allocated to NAR/BTC V2 pool ⁃ The remainder of NAR tokens initially allocated for more mining - will be burned (approx. 2,000,000)

What does this mean? We will work on the current strengths of the swap and prioritise simple and straightforward staking in the NAR/BNB and NAR/BTC pools which has worked the best and exclude stable pools.

The NAR burning mechanism will effectively do what it was made to do - to ensure that the new max cap supply of 14 million ANR continually decrease (making NAR’s availability more and more rare) as well as continually fuelling the dividend pools to generate NAR for NAR-staking.

But what’s next? $GOLD. Our unsuspecting $GOLD token has taken off and become a new treasure of sailors. Our future plans will be to strengthen and diversify more and more utility for the $GOLD token as well as maintain its amazing low emissions as well as burning mechanisms. $GOLD will expand its use as collaborative and global uses as well as a valuable token to be exchanged with partners and collaborative projects. Truly making it worth the weight of its name.

$NAR will be continually used as well for special features as well as continued dividends and trading for everything swap-based. Our plans will be to prioritise the $NAR token for where its strength is as well. Staking, $GEM pools, NFTs, and even new upcoming gacha features - we want to continue rewarding NAR holders in a way that is special and specific to Narwhalswap’s platform.

We believe that these steps ⁃ tightening NAR’s supply ⁃ Diversifying and amplifying not just NAR but GOLD as well ⁃ Upgrading the protocol as a whole ⁃ Continually introducing new features

We’ll be able to make a better impact to changing things for the better. We leave it to you, the community, to make a choice for this as well.