💲LOLLI

Understanding The Fuel Behind Our Economy

LOLLI is the native currency of the Cannibalistic Lollipops family of NFTS.

Mechanics

LOLLI is an SLP currency token that exists on the Solana Blockchain.

Staking either a Cannibalistic Lollipop or a Mini Pop is the only way that LOLLI can be mined and earned.

Below are the features of LOLLI:

  • The maximum supply of LOLLI tokens is 27,000,000.

  • The starting supply of LOLLI will be zero. LOLLI will enter the crypto ecosystem when holders stake their NFT.

  • By staking a Cannibalistic Lollipop or a Mini Pop, the holder is able to "mine" LOLLI, earning them a certain amount of $LOLLI daily.

  • 5% of all revenue generated from Cannibalistic Lollipops NFT sales on the secondary market will be put into LOLLI in order to raise its value.

The Great Slice

As of now, LOLLI is programmed to undergo one halving period. This halving period is called The Great Slice.

After The Great Slice, all $LOLLI rewards earned by staking will be reduced by 50%.

The Great Slice is programmed to happen 3 months after holders are able to begin staking their NFTs for LOLLI. It is during these initial three months of staking that holders will be able to earn the maximum amount of LOLLI, as all rewards will be decreased permanently after The Great Slice.

The staking rewards will operate as follows:

Prior to The Great Slice:

  • Staking one Cannibalistic Lollipop will earn 30 $LOLLI per day

  • Staking one Mini Pop will earn 10 $LOLLI per day

After The Great Slice:

  • Staking one Cannibalistic Lollipop will earn 15 $LOLLI per day

  • Staking one Mini Pop will earn 5 $LOLLI per day

Trading and Spending $LOLLI

$LOLLI will be able to be spent directly within the Cannibalistic Lollipops Marketplace in exchange for:

  • NFTs and exclusive bundles of NFTS

  • Whitelist spots for other projects

  • Physical Art

  • Merchandise

  • More to come

In addition, LOLLI will be able to be traded directly against SOL, USDC, and DUST.

Last updated