Tokenomics split
Last updated
Last updated
The $MINE token is a deflationary asset with a fixed initial supply. The total supply count of $MINE can only go DOWN.
The tokenomics are as follows:
Total Supply – 400,000,000
Treasury Allocation – 30% (Subject to DAO voting.)
Decentralized Sale Allocation – 40% (Including Neuron Fund) Development
Team – 10%
Early Contributors – 10%
Liquidity Allocation – 10%
Treasury Allocation – 30% (Subject to DAO voting.)
All funds, both ICP and $MINE will be held in the treasury which will be governed by the Dao.
Decentralized sale allocation - 40%
Each participant in the Decentralized sale will have the following unlock: There will be 6 equal neurons across 18 months, each being unlocked after 3 months. Dissolve delay will be set at 3 months.
Minimum neuron amount - 2000 $MINE
MinePro development team - 10%
The development team's tokens will be allocated in a basket of 8 equal value neurons with each having a dissolve delay of 3 months, all neurons will be vested throughout a period of 24 months and released in equal amounts every 3 months throughout the entire vesting period. This time period starts at the beginning of the SNS sale.
Early Contributors - 10%
This allocation is reserved for our early investment partners who’ve assisted us in the purchasing of our infrastructure costs. This was vital to assure that we can deploy MinePro immediately with no delays. Their tokens will be vested for 36 months across 6 equal value neurons. The first neuron will be released 6 months after sale, and subsequently, every 6 months until fully released. This will carry a minimum dissolve delay of 6 months.
Liquidity Allocation - 10%
This allocation is reserved for LP trading.