MON Protocol Announces $MON Tokenomics
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.
🎤 Protocol Prose
36% of total MON Supply will be directly dedicated to the Pixelmon Community through two distribution mechanicsMON Protocol Team Member
📊 By the Numbers
Pixelmon NFTs are up 8.53% on the week to 1.53 ETH.
🎬 Take Action
Users can still complete social quests via MON Protocol for eventual redemption of $MON.
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