🐃YAK Token

YAK is the native token to Yield Yak. YAK is a fixed-supply token that can be staked to earn platform fees.

• 30% of all platform fees are distributed to YAK holders every 24 hours

• Only 10,000 YAK can ever exist. No additional YAK may be minted now or in the future

• Anyone can distribute platform revenue via Yak ARC

🪙Using YAK

Token Details

• Chain: Avalanche

• Name: Yak Token

• Symbol: YAK

• Decimals: 18

• Address: 0x59414b3089ce2AF0010e7523Dea7E2b35d776ec7

• Total Supply: 10,000

CoinGecko

https://www.coingecko.com/en/coins/yield-yak

Bridged YAK

The canonical chain for YAK is Avalanche, where it was originally deployed. Today, YAK can be bridged to Arbitrum as an OFTv2 token from LayerZero.

Bridge and YAK Tokenomics

YAK tokenomics are not affected by the availability of a bridge. Only 10,000 YAK can ever exist with the fixed-supply accounting handled on Avalanche.

• YAK must be locked on Avalanche before it can be minted on Arbitrum or Mantle

• YAK must be burned on Arbitrum or Mantle before it can be unlocked on Avalanche

Token Details - Arbitrum

• Chain: Arbitrum

• Name: Yak Token

• Symbol: YAK

• Decimals: 18

• Address: 0x7f4dB37D7bEb31F445307782Bc3Da0F18dF13696

Token Details - Mantle

• Chain: Mantle

• Name: Yak Token

• Symbol: YAK

• Decimals: 18

• Address: 0x7f4dB37D7bEb31F445307782Bc3Da0F18dF13696

Proxy OFTv2 Address

• Chain: Avalanche

• Address: 0x656D33bfB74863E7aB1F5496a7a86a717A18a8D9

YAK Tokenomics

Inflation Policy

YAK is a fixed-supply token. No additional YAK can be minted.

Circulating Supply

Entire Supply Circulating

YAK was originally deployed in 2021. All initial vesting has expired. The information provided below is for reference only.

The vast majority of the YAK token supply entered circulation following the initial distribution. On the first day,

• Circulating: 7,350 YAK

• Non-circulating: 2,650 YAK

  • Team: 1,500 YAK

  • Ecosystem: 1,150 YAK

Tokens will move from non-circulating to circulating based on team tokens vesting and ecosystem tokens being used for community initiatives.

💰Treasury

Initial Distribution

YAK was originally deployed in 2021 with the initial distribution heavily weighted towards early users:

• 50% Depositors (airdrop)

• 15% Reinvest pushers (airdrop)

• 15% Team (vested)

• 15% Ecosystem

• 5% Telegram Community (airdrop)

Airdrop Recipients

The full list of airdrop recipients is available here.

Unclaimed Airdrop Tokens

Airdrop recipients were provided a 30-day window to claim tokens. Following the deadline, the remaining tokens were returned to the treasury.