MON Protocol Announces $MON Tokenomics

MON Protocol Announces $MON Tokenomics
In this post

MON Protocol announced its $MON ERC-20 token will have a fixed 1 billion supply and 36 percent provided to the community, aiming at revolutionizing community and ecosystem engagement.

The Deets

  • Total Supply: 1 billion $MON tokens
  • Community Driven: 30% for community claim, 6% for community pre-sale
  • Enhancing Ecosystem: 29% allocated to the Ecosystem Fund
  • Strategic Growth: 13% for strategic sales

The Bulk

With a total supply capped at 1 billion tokens, MON Protocol and Pixelmon's $MON is designed to foster community engagement and fuel ecosystem growth. The distribution plan emphasizes community involvement, allocating 30% of the total supply for community claims, ensuring that the Pixelmon Community, as the first partner, is significantly rewarded.

The ecosystem fund receives a substantial 29% of the total supply, dedicated to nurturing the Pixelmon and MON Protocol communities. 

Furthermore, 13% of the supply is reserved for strategic sales, aimed at bolstering long-term growth and stability. 

All one billion tokens will be fully unlocked within 48 months of the token generation event (TGE) which is expected to take place in Q1 2024. 

๐ŸŽค Protocol Prose

36% of total MON Supply will be directly dedicated to the Pixelmon Community through two distribution mechanicsMON Protocol Team Member

๐Ÿ“Š By the Numbers

Pixelmon NFTs are up 8.53% on the week to 1.53 ETH. 

๐ŸŽฌ Take Action 

Users can still complete social quests via MON Protocol for eventual redemption of $MON. 

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