# Green Ben (EBEN)

Green Ben (EBEN) is the utility and governance token of BenSwap on smartBCH. Users need EBEN to use some of the products on BenSwap. Holders can share the appreciation and be able to vote and make decisions for the project. Our expectation is that the token price will benefit from the decreases in emission rate and implementation of deflationary mechanisms and other utilities.

![Green Ben Logo](https://582527608-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MhWyxVi1vscT5hNJHSf%2F-Mhq64uOrpXkNl_OiXwU%2F-Mhq8sI8w6bABHmMDt3p%2F256x256.png?alt=media\&token=bf47e906-0a28-4323-a0de-abbe0518516f)

Contract address: 0x77CB87b57F54667978Eb1B199b28a0db8C8E1c0B

We conducted a presale to facilitate a fair launch. It was concluded on August 28, 2021 and a total of 4,237,955 EBEN tokens were sold.

Farming starts at block height: 462600.

The initial emission rate is 10 EBEN per block and it is reduced by 10% every week until it reaches 2 EBEN per block.

![](https://582527608-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FteMowfKVXZ8J8nPCy3BQ%2Fuploads%2FrJnAbXVLdlwIsrVhxdih%2Fimage.png?alt=media\&token=7b44ab5d-bb01-4b8b-8533-c852b9cc7b58)

![](https://582527608-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FteMowfKVXZ8J8nPCy3BQ%2Fuploads%2FdJ8thhzY69MCJQB4dbcz%2Fimage.png?alt=media\&token=2ad016cc-d27b-4449-b3bc-4863f81cf970)

Current emission rate: **2 EBEN per block**.

For every 10 EBEN tokens emitted, an additional EBEN token is sent to the developer address for development, marketing, partnership, and other necessary engagements.

### Deflationary Mechanisms

* 50% of the [ads fee on ChartPro](https://docs.benswap.cash/features/chartpro#advertising-on-chartpro) is burned.
* 100% of the [IBO campaign launch fee](https://docs.benswap.cash/features/ibo) is burned.
* 100% of the [IBO campaign tax](https://docs.benswap.cash/features/ibo) is converted to EBEN and burned. 
* 100% of the [IBO campaign sponsorship](https://docs.benswap.cash/features/ibo) is burned.
* 3% of the total price pot in each round of the [lottery](https://docs.benswap.cash/features/lottery) is burned.
* 100% of the fee on [BenLock ](https://docs.benswap.cash/features/benlock)is burned.
* 100% of the fee on [SEP-20 Factory](https://docs.benswap.cash/features/sep-20-factory) is burned.
* 100% of the fee on [Ranches ](https://docs.benswap.cash/features/ranches)is burned.
* 100% of the fee on [IBOv2 ](https://docs.benswap.cash/features/ibov2)is burned.
* 100% of the [PokéBen hunt fee](https://docs.benswap.cash/features/pokeben/hunt)[ ](https://docs.benswap.cash/features/ibov2)is burned.
* 75% of the [preparation cost in PokéBen Adventure](https://docs.benswap.cash/features/pokeben/adventure) is burned.
* 100% of the [catalysts in PokéBen Training - Ability](https://docs.benswap.cash/features/pokeben/training/ability) is burned.
* 100% of the [catalysts in PokéBen Evolution](https://docs.benswap.cash/features/pokeben/evolution) is burned.
* 100% of the fee on [NFT Factory](https://docs.benswap.cash/features/nft-factory) is burned.
* 100% of the grave creation fee on [Cemetery ](https://docs.benswap.cash/features/cemetery)is burned.
* 100% of the gift sending fee on [Cemetery ](https://docs.benswap.cash/features/cemetery)is burned.
* 100% of the minting fee for any token created with the [Inscriptions ](https://docs.benswap.cash/features/sep-20-factory/inscriptions)template on [SEP-20 Factory](https://docs.benswap.cash/features/sep-20-factory).
* 10.22% of the proceeds from the sale of [Blind Boxes](https://docs.benswap.cash/features/blind-boxes) is burned.

### Other Utilities

* Trading currency on [NFT Market](https://docs.benswap.cash/features/nft-market).

### Governance 

* [Decentralized Autonomous Organization (DAO)](https://docs.benswap.cash/features/dao)