> For the complete documentation index, see [llms.txt](https://guide.sheepfarm.io/guide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guide.sheepfarm.io/guide/web-3.0/tokenomics/ngit.md).

# NGIT

If MARD is the coin of the kingdom, NGIT is its seal. It does not buy wool or tickets — it decides where Meta-land goes next.

#### **At a Glance:**

| Field            | Value                                      |
| ---------------- | ------------------------------------------ |
| Name / Symbol    | Nightingale Token / NGIT                   |
| Type             | Governance                                 |
| Standard         | ERC-20, 18 decimals                        |
| Network          | Immutable zkEVM                            |
| Contract         | 0x80523AfcCd57447966ef53e292FE43C1D447F7B0 |
| **Total supply** | **3,558,651.991 NGIT — final**             |
| Holders          | 16,124                                     |
| Further issuance | **Permanently closed**                     |

#### **A Fixed Supply, Closed Early:**

NGIT was originally designed with a maximum supply of 5,000,000 tokens, issued over a five-year window running from February 2022 to January 2027.

That window closed early. With the migration to Immutable zkEVM, issuance was permanently ended at **3,558,651.991 NGIT** — approximately 71% of the original cap. The remaining \~1.44 million tokens were never minted and never will be.

|                         | Tokens        | Share of original cap |
| ----------------------- | ------------- | --------------------- |
| Original maximum supply | 5,000,000     | 100%                  |
| Actually issued (final) | 3,558,651.991 | 71.2%                 |
| Permanently unissued    | 1,441,348.009 | 28.8%                 |

{% hint style="info" %}
**What this means for holders.** Governance weight in Sheepfarm cannot be diluted. There is no emission schedule, no treasury unlock, and no future mint function that can reduce the relative weight of an existing NGIT balance.
{% endhint %}

#### **What NGIT Is For:**

| Utility                  | Description                                                  |
| ------------------------ | ------------------------------------------------------------ |
| Governance participation | Provide NGIT–MARD liquidity to earn **vNGIT** voting credits |
| Weather Voting           | Influence race-day weather conditions through the DAO        |
| Liquidity provision      | Pair with MARD or USDC on QuickSwap                          |

{% hint style="info" %}
NGIT itself is not spent when voting. Voting uses **vNGIT**, a separate credit earned by supplying NGIT–MARD liquidity. See the vNGIT page for the full mechanism.
{% endhint %}

#### **Distribution History:**

| Phase                           | Description                                                                                                                                                                             |
| ------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Private sale (Feb 2022)         | Agreements signed with institutional, strategic, and individual investors, including Aurora World Corp (KOSDAQ-listed), Uprise Inc., Pragma Ventures, Sky Vision Capital, and Nolatency |
| KLAYswap Drops 14 (2022)        | 19,178 NGIT entered initial circulation, of which 9,576 NGIT were airdropped to vKSP holders, with the remainder seeded into KSP–NGIT, KLAY–NGIT, and MARD–NGIT liquidity pools         |
| Immutable migration (2025–2026) | Snapshot taken; balances airdropped to Immutable zkEVM. NGIT held inside LP positions required manual withdrawal to qualify. Migration completed January 2026                           |

**Lock-ups:** All team and investor lock-up periods have expired. No NGIT is subject to vesting, cliffs, or scheduled releases — there are no pending unlocks that could add sell pressure.

#### **Markets & Liquidity:**

NGIT trades on **QuickSwap** on Immutable zkEVM.

| Pool        | Composition                                                                                                             |
| ----------- | ----------------------------------------------------------------------------------------------------------------------- |
| NGIT / USDC | 990,100 NGIT : 712.9 USDC — price discovery pair                                                                        |
| NGIT / MARD | 999,259 NGIT : 999,038 MARD — governance pair, 1% fee tier. **A full-range LP position here is required to earn vNGIT** |

Both pools use concentrated liquidity, and positions are issued as **liquidity provider NFTs** rather than fungible LP tokens. Only full-range positions in the NGIT–MARD pool qualify for vNGIT — see the vNGIT page.

{% hint style="info" %}
Liquidity in these pools is limited, and prices can move sharply on small trades. Providing liquidity exposes you to impermanent loss. Trade and provide at your own discretion.
{% endhint %}