TANGERINE Distribution

At the beginning of every epoch, if the time weighted average price (TWAP) of TANGERINE is greater than 1.01, new TANGERINE will be minted in the Boardroom.

The amount of new TANGERINE distributed depends on the current circulating supply of TANGERINE.

Circulating Supply	TANGERINE Minted
500k or less	4.5% expansion
Up to 1M	4% expansion
Up to 1.5M	3.5% expansion
Up to 2M	3% expansion
Up to 5M	2.5% expansion
Up to 10M	2% expansion
Up to 20M	1.5% expansion
Up to 50M	1.25% expansion
50M+	1% expansion