2.2 MSG Tokenomics
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
| Date | Circulating Supply | % |
|---|---|---|
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.
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