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5. MFO Utility Token

Tokenomics

5.1 Token allocation
Allocation
Total
Percentage
Seed sale
4.000.000
4,0%
Strategic sale
4.000.000
4,0%
Private sale
4.500.000
4,5%
Public sale
350.000
0,35%
Add liquid
200.000
0,2%
Community incentive
5.000.000
5,0%
Mining reward
50.000.000
50,0%
Product and marketing
6.950.000
6,95%
Partnership and exchanges
15.000.000
15,0%
Team
10.000.000
10,0%
5.3 Token vesting
Seed sale: 5% unlock TGE, locked for 1 month then linear 7% every month
Strategic sale: 6% unlock TGE, locked for 1 month then linear 7% every month
Private sale: 10% unlock TGE, locked for 1 month then linear 7% every month
Public sale: 100% unlock TGE
Community incentive: vesting over 2 years
Mining reward: base on farming performance
Products and Marketing: 30% 1st year then vesting over 4 years
Partnership and exchanges: 10% 1st year then vesting over 4 years
Team: locked for 2.5 years then vesting in 1 years
5.2 Token Use Case

1.Discount on Vault Fee

A certain amount of MFO token holding will be required for users to get a discount fee from Vault Management Fee - which include both Withdrawal fee and reward harvesting fee

2.Staking

Users will also have the option to stake MFO tokens and earn fee rewards from MoonFarm platform and NFT airdrop.

3.Governance Voting

Users who own $MFO tokens have the right to vote for proposal on changing Fee Structure of Moonfarm, adapting new DEFI project, APY of Auto Vault , etc..

4.New Farming Pools

Users who own a certain amount of $MFO tokens can create a new farming pool on the manual farm and receive the sharing benefit from this pool.
5.Payment Token
$MFO will be a token payment for other NFT marketplace partners
Last modified 4mo ago
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