Tokenomics
Last updated
Last updated
MAYZ governance token will be minted to fund the project. Total Token emission: 1,000,000,000.-
The governance token will be distributed as shown in the following chart:
As we can see above in the distribution table, there are four primary purposes:
The first fund will be allocated to finance the project development and create the first stock of index tokens.
The second is to reward and incentivize the community around the project.
The third is to reward the team behind the project.
The fourth is to provide the protocol with additional resources.
Team Distribution Strategy
Founders will be granted tokens after a two-year vesting program. This time will show the founder's commitment. It will allow the protocol to mature and decentralize so founders would no longer be a significant source of influence.
Funding Distribution: 20%
Token Sale: 10%
-- Presale (5 to 10%)
-- Open Sale (5 to 10%)
ISPO Reward Program: 10%
Community Reward Distribution: 45%
Staking Reward Program: 30%
Grants to the community: 15%
Team Distribution: 20%
Founders Team: 5%
Team: 15%
Protocol Treasury Distribution: 15%