The initial emission rate is 1 BALL per block. And the emission rate will be reduced by 3% every 14400 blocks (~12 hours) until it reaches 0.1 BALL per block. (updateEmissionRate function in the MasterChef contract should be called to do it. - this is public and anyone can call it)
Unlike other yield farms where developers manually reduce emission rates according to their own wishes, our emission rate reduction logic is coded in the smart contract and will be executed once updateEmissionRate is called every 12 hours.
This mechanism will greatly reduce the total supply and make our token rarer and help make $BALL more valuable to hold.
Ball DeFi collects a 3.8% deposit fee to periodically purchase BALL on the market and burn them. This will reduce the supply and pump your bags!
We will be adding a timelock contract as the owner of the masterchef. The timelock will be activated with a 24h delay, this should give you enough time to validate any of our transactions.