> For the complete documentation index, see [llms.txt](https://the-abantu-tribe-1.gitbook.io/tribepaper./llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://the-abantu-tribe-1.gitbook.io/tribepaper./earning-and-staking.md).

# Earning and Staking

There will be two ways to earn in The Abantu Tribe ecosystem.

<details>

<summary>Earning $ADA</summary>

Our ADA distribution plan entails drawing funds from three distinct revenue streams:

**A designated portion of profits generated from our onboarding services:**

We will be allocating a portion of the profits generated from our onboarding services towards rewarding our NFT holders.

</details>

<details>

<summary>Earning $EGOLI</summary>

We will launch our $EGOLI token that holders can earn, it will be the utility token in The Abantu Tribe ecosystem.&#x20;

**How to earn $EGOLI ?**

* Stake your Abantu Tribe assets
* Community events and contests
* Twitter and discord giveaways

**Utility**

* Mint future collections using $EGOLI.
* You will be able to enter exclusive Bluechip Raffles and Giveaways by purchasing tickets with $EGOLI.&#x20;
* You will be able to make future upgrades to your NFTs using $EGOLI.
* Exclusive items purchased using $EGOLI.
* $EGOLI token can be utilized on items such as Raffles, Merchandise, Events, and more.
* More to be announced in Chapter 2 of our Tribepaper.

</details>

## $EGOLI Distribution

## Supply

There will be a total of 100 000 000 $EGOLI in supply.

## Halving periods

There will be 2 halving periods:

* The first halving period will take place once 50% of the staking rewards have been distributed.
* The second halving period will take place once 85% of the staking rewards have been distributed.

<figure><img src="https://1939417632-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCLmAWqqe0KoSNccDX1v2%2Fuploads%2FEaY5WuVhFWMObB0Wsh7i%2FStaking%20Rewards.jpg?alt=media&amp;token=dca14e6d-260d-4f9f-9b31-a4336ba05472" alt=""><figcaption></figcaption></figure>

<details>

<summary>To Be Noted</summary>

Earning of $EGOLI and $ADA will not be readily available at present, but its implementation is a top priority and will be executed expeditiously.

</details>