Emission & Distribution
Last updated
Last updated
The emission model for $MYRD is designed to be deflationary, with a capped supply of 100 000 000 $MYRD that will be initially distributed during funding rounds. This approach underscores the project's commitment to a sustainable economic framework.
There will be premint of 100 000 000 $MYRD, which will be distributed next way:
The initial premint of $MYRD corresponds to the total capped emission, establishing the full circulating supply from the outset. Emission events are strategically timed to coincide with funding rounds, ensuring a controlled release of tokens into the market. Additionally, the $MYRD token undergoes burning when used for $SACRA minting, reinforcing the token's deflationary model and aligning incentives between the game's success and token valuation.
Allocation
% of first emission
Unlock Schedule
Treasury
35
1 year cliff, 24 months vesting month-on-month
Tetu Part
20
6 months cliff, infinite lock in veNFT (veTETU)
Ambassadors
4
3 months cliff, 6 months linear vesting
Initial Liquidity
1
Immediately unlocked
Fundraise (Seed)
10
5% TGE, 3 months cliff, 8 months vesting
Fundraise (Private)
10
10% TGE, 3 months cliff, 12 months vesting
Team
20
1 year cliff, 18 months vesting