MCB Tokenomics
Upon June 1st, 2021, 2,193,177 MCB has been issued, among which:
- 1 million MCB belongs to the team, advisors and investors:
- Dev Team: 484K
- Advisors: 75K
- Angel investor: 109K
- Private token sale: 332K, Price 2.5USD/MCB
- 1,174,036 MCB belongs to Liquidity providers
- 19,141 MCB belongs to community contributors
- 1.The total supply of MCB is 10,000,000;
- 2.MCDEX DAO is responsible for the specific usage of the newly issued MCB;
- 3.The speed of issuance will be under the following restrictions:
- It is plausible to issue 1 MCB for 1 USD captured by the MCDEX DAO treasury
- At least 0.2 MCB can be issued by one Ethereum block (approximately 1300MCB/day)
- 4.For every new issuance, 75% is for community incentive, and 25% belongs to the developers.
Last modified 1yr ago