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.