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.

  1. Circulating Supply, 9 million

  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

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.

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