🦬BUL DISTRIBUTION

Here is how BUL is distrubuted

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

The amount of new BUL distributed depends on our position above peg and also the current circulating supply of BUL.

Circulating Supply	Max BUL 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