Tokenomics
Tokenomics: Empowering the Multipool Ecosystem
The tokenomics of Multipool's native token, MUL, is an integral pillar of the platform's ecosystem, designed to promote fairness, transparency, and sustainable growth. With a total supply of 100 million tokens, MUL serves as the lifeblood of the decentralized finance (DeFi) trading environment, facilitating a wide array of functionalities and value propositions for users. The tokenomics framework is thoughtfully structured, encompassing allocations for core contributors, pioneers' sale, public sale (LBP), treasury, and user memberships.
Outline of the Tokenomics:
| Allocation | Token % | Token Allocation | TGE + Cliff | *Cliff | Vesting Schedule |
|---|---|---|---|---|---|
Core Contributors | 15% | 15,000,000 | 5% | 1m | 24m 47.5% / 6m then 47.5% / 18m |
Advisors | 5% | 5,000,000 | 5% | 1m | 24m 47.5% / 6m then 47.5% / 18m |
VC | 10% | 10,000,000 | 10% | 1m | 12m 45% / 3m then 45% / 9m |
Pioneers | 15% | 15,000,000 | 5% | 1m | 12m 47.5% / 3m then 47.5% / 9m |
Public (LBP) | 5% | 5,000,000 | 100% | 0m | - |
Treasury | 10% | 10,000,000 | 100% | 0m | - |
Memberships & Rewards | 40% | 40,000,000 | 0% | - | Locked indefinitely in smart contract* |
*The Cliff is the time period the Allocation group will wait before their vesting schedule commences. For example ‘Core Contributors’ have a 1 month Cliff so they will wait 1 month before their initial TGE allocation of 5% is claimable/ distributed. The remaining 95% will then be released over a 24m vesting schedule.
Total Supply: The MUL token has a capped total supply of 100 million tokens, setting a definitive boundary for the ecosystem's expansion.
Core Contributors: 15 million tokens are dedicated to the core contributors, with 5% allocated at TGE after a 1 month cliff. Then 47.5% vested over a 6-month period, and the remaining 47.5% released linearly over the following 18 months. This mechanism incentivizes the team's dedication and aligns their interests with the project's long-term success.
Advisors: 5 million tokens are allocated to our advisors, with 5% allocated at TGE after a 1 month cliff. Then 47.5% vested over a 6-month period, and the remaining 47.5% released linearly over the following 18 months. This aligns our advisors' commitment with Multipool's long-term success.
VC: 10 million tokens are allocated to Venture Capital fundraising, allowing institutional VC's to participate in the protocol. 10% is allocated at TGE after a 1 month cliff. Then 45% vested over a 3-month period, and the remaining 45% released linearly over the following 6 months.
Pioneers' Sale: 15 million tokens are allocated to the pioneers' sale. with 5% allocated at TGE after a 1 month cliff. Then 47.5% vested over a 3-month period, and the remaining 47.5% released linearly over the following 6 months, creating a balanced and steady distribution.
Public Sale (LBP): 5 million tokens are set aside for the public sale, allowing the broader community to participate in acquiring MUL tokens. 100% of tokens are released at TGE creating the right incentive for retail investors to participate in the protocol with no vesting period.
Treasury: 10 million tokens are dedicated to the treasury, which will be strategically utilized for liquidity provision on DEX/CEX platforms at TGE. This allocation not only fosters an active and efficient trading environment for MUL tokens but also serves as a strategic reserve for future exchange listings and liquidity requirements. Additionally, a portion of these tokens will be allocated to fund the ongoing development and marketing of the protocol, ensuring its continuous growth and success. 100% of tokens are release at TGE.
Memberships & Rewards: 40 million tokens are reserved for memberships & rewards, serving as the gateway to accessing various subscription levels on the platform. Users can purchase membership tokens directly from the treasury via a smart contract, with purchased tokens immediately burned, contributing to a deflationary mechanism and reducing the total token supply over time.
Inflation Mechanism
Multipool has incorporated a 2% annual inflation rate into its tokenomics. These additional tokens can be minted once per year by the treasury. The allocation and use of these newly minted tokens will be decided through DAO voting, ensuring community-driven governance. This inflation mechanism is designed to provide the protocol with the flexibility to raise additional funding if needed for future development and expansion.
The tokenomics framework of Multipool is meticulously designed to unlock the full potential of the DeFi ecosystem, enabling users to engage with a diverse set of features while fostering a sustainable and equitable environment. Each component of the tokenomics model plays a crucial role in building the foundation for a thriving and innovative DeFi trading platform. In the subsequent sections, we will delve into the specific features of the tokenomics model, exploring the dynamics of token distribution and utilization, and shedding light on the mechanisms that drive the success of the Multipool ecosystem.
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