> For the complete documentation index, see [llms.txt](https://saltswap.gitbook.io/salt/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://saltswap.gitbook.io/salt/tokenomics/salt.md).

# SALT

A perpetual deflation token

![SALT Logo](https://429823287-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MTn0yPfyG3lcRZuEsH9%2Fsync%2F59e1b188740e8f1db6cd1f63f60f369a23e992cf.svg?generation=1613641380381770\&alt=media)

**Token:** SALT

* **SALT:** [0x2849b1aE7E04A3D9Bc288673A92477CF63F28aF4](https://bscscan.com/address/0x2849b1aE7E04A3D9Bc288673A92477CF63F28aF4)
* **MasterChef:** [0xB4405445fFAcF2B86BC2bD7D1C874AC739265658](https://bscscan.com/address/0xB4405445fFAcF2B86BC2bD7D1C874AC739265658)
* **Timelock:** [0xB5cD51B879424a920513a66407BB041a9E904731](https://bscscan.com/address/0xB5cD51B879424a920513a66407BB041a9E904731) (delay: 24h)

**Chain:** Binance Smart Chain (BEP-20)

**Emission rate:**

* **Reward per block** - 1.1 SALT
* **Daily emission (Based on 28.8k blocks per day)** - 31,680 SALT per day

**Deflationary Mechanics:**

* Farms & Pools will get SALT depending on the multiplier shown on the top right corner;
* \~9.09% will be sent to the developer's address for further development of the platform;
* As soon as the lottery is implemented, 20% of the pot will be burned.

**Distribution:**

* **Farmers** - 90.9% of the rewards per block (1 SALT)
* **Farmers daily** - 28,800 SALT (based on 28,800 blocks per day)
* **Devs \\& Incentives** - \~9.09% of the rewards per block (0.1 SALT)

**Fees:**

SaltSwap collects a 3% deposit fee to periodically purchase SALT on the market and burn them. This will reduce the supply and pump your bags!

**Time lock**

We will be adding a timelock contract as the owner of the masterchef. The timelock will be activated with a **24h delay**, this should give you enough time to validate any of our transactions.