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Token distribution
Page discusses tokenomics, seed round, notable partners, vesting, BLBP
Disclaimer: The information below represents the initial token distribution when the DAO emerged in November 2021. This is not a representation of the current token distribution. For the most recent visualization of $MC, visit our treasury dashboard.
Initially, a total supply of 1,000,000,000 $MC tokens were minted. These tokens are to be distributed to the following stakeholders within the DAO:
- Community Incentives - through various means we want to reward our community for their efforts in contributing to our DAO's success - 29.4% (294,000,000 MC tokens) -> Wallet
- Team & Advisors - rewarding the core team members and advisors for their full-time effort to our DAO's success- 20% (200,000,000 MC tokens) -> Wallet
- DAO Treasury - a position in the entire DAO's treasury will consist of MC tokens - 15% (150,000,000 MC tokens) -> Wallet
- Early Investors - the contributors that participated in our seed round - 14.1% (141,000,000 MC tokens) -> Wallet
- Liquidity Rewards - incentives for providing liquidity on decentralized exchanges - 10% (100,000,000 MC tokens)
- Public Distribution - tokens set aside for the public round - 7.5% (75,000,000 MC tokens)
- Retroactive Rewards - reward for the earliest backers in the Axie420 period - 4% (40,000,000 MC tokens) -> Wallet
The above chart does not replicate the current situation since the total supply of 1.000.000.000 will never be reached with the implementation of MIP-7. For an accurate reflection of the token distribution, head to our treasury dashboard.
Last modified 1mo ago