# Tokenomics
100 new Mist is created per block for tokens that are staked in the farms on https://app.mistswap.fi/farm (opens new window). The first two weeks of launch will have a 10x bonus.
10% of all newly created Mist is sent to Kasumi's dev wallet.
0.05% of the exchange fees are awarded to holders of the xMIST token.
# What is the cap of the $MIST token?
There is no hard cap of MIST yet, but one may be put into place in the future.
# Does the $MIST token have any burn?
No not at at this time - but one may be implemented in the future.
# How does $MIST enter into circulation?
New Mist is created at 1000 Mist per block for tokens that are staked in the farms on https://app.mistswap.fi/farm (opens new window)
This will be reduced to 100 Mist per block after approximately two weeks from launch.