Tokenomics
Token distribution
Since we aim to create an active ecosystem, our issuance model will incentivize activity. For that reason LUNAR will be distributed in 3 main phases.
Initial distribution:
IFO: 500 000
Airdrops: 1 000 000
DAO/grants: 300 000
DEX liquidity: 200 000
Actual supply before M00N marketplace launch (Q1 2022): 2 000 000
Max token supply: 20 000 000
End of distribution:
DAO - 2 300 000
Community - 17 700 000
Explanation
2 000 000 tokens are minted at genesis to feed the IFO contracts, to provide DEX liquidity and for community airdrops (see fig1).
Minting is currently controlled by the DAO and is protected by a 2 days timelock contract, but new tokens will not be minted before M00N APP marketplace is ready. When this happens, all remaining tokens will be minted and sent to a vesting contract that will take control of the LUNAR issuance.
Token distribution will last 8 years and will decrease each 2 years by 50%. Decreasing in issuance will incentivize early adopters. As time goes on and the project gets more mature M00N APPs will generate more and more taxes that will compensate for this decrease. Тhe earlier you join and the more active you are, the more LUNAR you will get.
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