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Tokenomics Detail
There is a fixed supply of 1 billion tokens (1,000,000,00) and the ability to mint any further tokens has been irrevocably disabled.
The 1 Billion tokens are divided into 9 allocations:
Share | Tokens | Purpose and Release Schedule | |
Play to Earn & Marketing | 25% | 250M | Reward players for playing and growing the Million on Mars Metaverse of properties. Airdrops, founders rewards, influencers and other marketing programs. 20M up front, then custom unlock schedule from month 6 through month 72, see spreadsheet for details |
Staking Rewards and Liquidity | 20% | 200M | Staking Rewards are used to reward people who invest in the Glitter token to promote is liquidity and value in return for a strong ROI. The unlock schedule represents the maximum rate at which Staking Rewards are employed. The actual rate may be slower, with the goal to ensure a stable and growing value of Glitter. |
Mission | 10% | 100M | This allocation is dedicated to the DAO Mission -- we'll have more to say on this soon! |
Million on Mars Team | 24% | 240M | First 12 months fully locked up. Linear monthly for 36 months after. |
Private Sale | 11% | 110M | Linear monthly unlock for 24 months, beginning month 12 |
Advisors | 3% | 30M | Key advisors. Unlock over 36 months, starting in month 7. |
Reserves | 7% | 70M | TBD |
See the detailed tokenomics spreadsheet for the complete monthly breakdowns of release schedules.
Detailed Unlock Schedules
Last modified 3mo ago