# 2.2 MSG Tokenomics

**MSG Token Total Supply 11,000,000** ( March 28, 2022 -  )

On March 26, we decide to burn <mark style="color:red;">89,000,000</mark> MSG token, therefore Total Supply of MSG token will be reduced from <mark style="color:red;">100,000,000</mark> to **11,000,000.**

1. <mark style="color:green;">Circulating Supply, 9 million</mark>
2. Team, 1 million (Locked for 20 months, release will start from May 1st, 2022)
3. Operation & Development, 1 million, (locked for 20 months, release will start from May 1st, 2022)

You can find Unlock matrix below&#x20;

|    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% |

![](https://3719571704-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mh9I3r7tCZNijUZPhWH%2Fuploads%2FFpjBk6uccyL1lTiwyUwt%2F%E5%B1%8F%E5%B9%95%E6%88%AA%E5%9B%BE%202022-03-10%20113032.png?alt=media\&token=961f4666-2cbf-464c-91c4-1c3ff7cc5df4)

**Tax 6%**(for both buy and sell)

1. 2% will be **burned** immediately and reduce total supply.
2. 2% will be sent to **Marketing** wallet to promote MSG token.
3. 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.
4. 0.5% will be sent to **Developer Address** to ensure our development sustainable.&#x20;


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