2.2 MSG Tokenomics
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MSG Token Total Supply 11,000,000 ( March 28, 2022 - )
On March 26, we decide to burn 89,000,000 MSG token, therefore Total Supply of MSG token will be reduced from 100,000,000 to 11,000,000.
Circulating Supply, 9 million
Team, 1 million (Locked for 20 months, release will start from May 1st, 2022)
Operation & Development, 1 million, (locked for 20 months, release will start from May 1st, 2022)
You can find Unlock matrix below
2022.03.28
9,000,000
81.8%
2022.05.01
9,100,000
82.7%
2022.06.01
9,200,000
83.6%
2022.09.01
9,500,000
86.3%
2022.12.01
9,800,000
89.0%
2023.06.01
10,400,000
94.5%
2023.12.01
11,000,000
100%
Tax 6%(for both buy and sell)
2% will be burned immediately and reduce total supply.
2% will be sent to Marketing wallet to promote MSG token.
1.5% will be sent to Reward Pool Contract Address, to reward Liquidity Providers, Period of Reward Pool will be set to 2 weeks, Reward Rate will be slightly adjusted every 2 weeks, because transaction volume fluctuated.
0.5% will be sent to Developer Address to ensure our development sustainable.
