AFOG Token


Mint

A Fifth Of Gaming (AFOG) is a fungible token created using the BCH CashTokens protocol.

55,555 tokens, each divisible down to 5 decimal places, were minted.


Allocation

A fifth of the tokens (11,111 AFOG) were given to David Shattuck, the creator and lead developer of A Fifth of Gaming, as a sole private possession.

The remainder (44,444 AFOG) went to the AFoG Vault Reserve, to be released into circulation as described below.


Liquidity

A fifth of the initial supply of vault tokens (8888.8 AFOG) were paired with 5 BCH for the initial seed of a liquidity pool on Cauldron.


Issuance

A fifth of the tokens remaining in the vault are issued during every cycle, each of which lasts for 5 months. Tokens are issued by swapping them for BCH using a DEX.

A fifth of the tokens allocated for issuance each cycle will be swapped during each of the 5 months in that cycle, with a fifth of the tokens issued in a given month being swapped on each of 5 randomly selected days during that month. So, each 5-month cycle will have a total of 25 equally sized issuances spread equally across each of the months of the cycle.

Since the number of tokens issued during each cycle is a constant percentage of the un-issued tokens in the vault, the vault will never run out of tokens, but the rate of issuance is always decreasing.

This table shows the schedule for the first 5 cycles:

Cycle Start End Start Vault Balance Total Issue Per Month Per Issue
1 9/1/2024 2/1/2025 ~35,555 ~7,111 ~1,422 ~284
2 2/1/2025 7/1/2025 ~28,444 ~5,689 ~1,138 ~228
3 7/1/2025 12/1/2025 ~22,755 ~4,551 ~910 ~182
4 12/1/2025 5/1/2026 ~18,204 ~3,641 ~728 ~146
5 5/1/2026 10/1/2026 ~14,563 ~2,913 ~583 ~117

Utilization

A fifth of the BCH raised by the issuance of AFOG is used to Sponsor AFoG guilds. It goes directly to the associated sponsorship wallet for whichever guild is at the top of the Sponsorship Opportunities list at the time.

The remainder is used to fund ongoing development work on both A Fifth of Gaming and BitcoinCashClient.


Burn

A fifth of the revenue generated by AFoG every month is used the following month to buy AFOG tokens on the open market, and 100% of the purchased tokens are burned. There are 5 equally sized (in sats) buys/burns every month that occur on 5 randomly selected days.

Tokens are burned using tokenburner.cash . The complete history is reviewable here.