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

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)

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.