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Tokenomics
Initial Supply: 100,000 MP
Max Supply: None (No more minting allowed after 14 days)
- DAO: 50,000 MP
- The team would like to trade DAO tokens for outside staking pools, in which wsMP (the wrapped staking receipt token) could be deposited to earn other tokens. We are interested in setting up staking partnership(s) with DEXes, farms, or any other DAOs that operate a MasterChef. Such partnerships would allow MP stakers to earn double benefits: they would receive both rebase staking rewards on MP and outside staking credit in another pool.
- DAI presale: 25,000 MP
- Stone Temple Binance token swap: 1,500 MP
- Liquidity: 5,000 MP
- Incentives: 2,000 MP
Reward rate: 1% every 4 hours (base supply expansion: 1 MP at beginning = 2.31 MP at end)
- The reward rate will be reduced to approximately 0.7% every 4 hours + transaction tax redistribution after an initial promotional period, and may be changed further according to the market situation
Transaction tax: 8% only on sending to LP pairs (must use liquidity helper for LP formation to avoid tax)
Taxed tokens are redistributed proportionally as additional rewards to stakers when rebase staking rewards are applied
Last modified 1yr ago