🐃YAK Token
YAK is the native token to Yield Yak. YAK is a fixed-supply token that can be staked to earn 100% platform fees.
100% 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
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.
💰TreasuryInitial 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% 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.
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