# LOVE Supply

$$
LOVE\_{supplyGrowth} = LOVE\_{stakers} + LOVE\_{bonders} + LOVE\_{HunnyDAO}
$$

LOVE token supply does not have a hard cap. Its supply increases when:

* LOVE is minted and distributed to the stakers.
* LOVE is minted for the bonder. This happens whenever someone purchases a bond.
* LOVE is minted for the DAO. This happens whenever someone purchases a bond. The DAO gets the same number of LOVE as the bonder.

$$
LOVE\_{stakers} = LOVE\_{totalSupply} \* rewardRate
$$

At the end of each interlude, the treasury mints LOVE at a set reward rate. These LOVE will be distributed to all the stakers in HunnyDAO. You can track the latest reward rate on HunnyDAO dashboard.

$$
LOVE\_{bonders} = bondPayout
$$

Whenever someone purchases a bond, a pre-determined amount of LOVE will be minted. These LOVE will not be released to the bonder all at once - they are vested to the bonder linearly over time. The bond payout uses a different formula for different types of bonds. Check the bonding section above to see how it is calculated.

$$
LOVE\_{HunnyDAO} = LOVE\_{bonders}
$$

HunnyDAO received the same amount of LOVE as the bonder. This represents HunnyDAO Profit.


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