Tokenomics
5.1. Total Supply and Distribution
Total Supply: 1,000,000,000 MCASH – A round number, memorable, and aligned with major projects like Bitcoin (21M) or Litecoin (84M).
Distribution Breakdown
- Pre-mint (40%): 400,000,000 MCASH
- Development Fund: 200,000,000 MCASH (20%) – Operations, marketing, partnerships (50% locked 1 year, 25% released every 6 months).
- Team: 100,000,000 MCASH (10%) – Locked 2 years, 25% released every 6 months.
- Airdrop/Initial Staking: 100,000,000 MCASH (10%) – 50M for community airdrop, 50M to incentivize early stakers.
- Staking Rewards (60%): 600,000,000 MCASH – Distributed via block rewards over 38 years.
5.2. Staking Rewards Mechanism
- Initial Block Reward: 10 MCASH/block – Attractive for early validators.
- Halving Cycle: 6 months (~31,536,000 blocks).
- Number of Halvings: 76.
- Emission Duration: 38 years.
- Sample Emission:
- Cycle 1 (First 6 months): 315,360,000 MCASH (10 MCASH/block × 31,536,000 blocks).
- Cycle 2: 157,680,000 MCASH (5 MCASH/block).
- Year 1: 473,040,000 MCASH (315M + 158M).
- Year 2: 236,520,000 MCASH (118M + 59M).
- Year 3: 118,260,000 MCASH (59M + 29M).
- Total: 600,000,000 MCASH after 38 years.
5.3. Transaction Fees and Deflationary Mechanism
- Fee: 0.0005 MCASH – Among the lowest in the market, ideal for livestream gifts and video ad payouts.
- Burn Mechanism: 70% of fees burned permanently, reducing supply and boosting MCASH value.
- Impact Estimate:
- 1M transactions/day: Burns 350 MCASH/day (~127,000 MCASH/year).
- 10M transactions/day: Burns 3,500 MCASH/day (~1.28M MCASH/year).
5.4. Vesting (Token Lockup)
- Team: 100M MCASH locked 2 years, released 25% every 6 months.
- Year 1 Staking: 473M MCASH, 50% (236M) locked 1-2 years, released 25% every 6 months.
- Initial Circulating Supply: 400M (pre-mint) + 236M = 636M MCASH.
5.5. Long-Term Economy
- Inflation Control: Halving reduces rewards, burning fees cuts supply.
- Staking Incentive: 10 MCASH/block initially, tapering to balance supply and demand.
- Value Growth: Demand from livestreaming, video ads, and virtual goods, paired with reduced supply, supports long-term MCASH value.