Tokenomics
Last updated
Last updated
Total Supply: 365,000,000,000,000 $MKT
Presale: Allocation: 35% of the total supply Purpose: The presale serves as an opportunity for early supporters and investors to acquire Mike Tokens at a discounted rate and contribute to the initial liquidity and the progress of the project. This allocation ensures a fair distribution of tokens to those who believe in the project from its early stages.
Presale Price: Set at a predetermined rate to incentivize early participation. The presale price is carefully determined to provide an attractive entry point for investors, allowing them to get involved at a lower cost and potentially benefit from future price appreciation.
Liquidity: Allocation: 15% of the total supply Purpose: The allocated tokens will be used to provide liquidity for trading pairs on decentralized exchanges (DEXs) and ensure a healthy and stable trading environment for Mike Token. This allocation plays a crucial role in facilitating smooth and efficient trading, allowing users to buy and sell Mike Tokens with ease.
Liquidity Locking Mechanism: Implementing a liquidity lock for 365 days to enhance the security and stability of the liquidity pool. By locking a portion of the tokens for a specified period, it instills confidence in investors that the liquidity will remain intact and protects against potential market manipulation.
Unsold tokens in Presale will automatically burn 🔥: Any unsold tokens from the presale will be burned, reducing the overall supply and potentially increasing the value of the remaining tokens in circulation. This burning mechanism creates scarcity and can positively impact the token's price over time.
Cexs and Marketing: Allocation: 25% of the total supply Purpose: Reserve a portion of the tokens for potential listing on centralized exchanges (CEXs), enhancing accessibility and market reach for Mike Token. This allocation is crucial for expanding the project's visibility and attracting a broader audience of investors who prefer trading on centralized platforms.
Listing Strategy: Collaborate with reputable T1 and T2 exchanges that align with the project's values and offer a smooth user experience. The listing strategy focuses on partnering with established exchanges known for their security measures, compliance with regulations, and strong user bases. This approach ensures a reliable and efficient trading experience for users.
Development and Staking: Allocation: 25% of the total supply Purpose: Reserve tokens for the development of the project and Staking Rewards. This allocation supports ongoing development efforts, covering expenses related to technology enhancements, ecosystem expansion, and strategic partnerships. Additionally, a portion of this allocation is dedicated to rewarding token holders who actively participate in the staking pools.
Token Utility: Staking and Governance: Holders of Mike Tokens can participate in staking mechanisms to earn additional tokens and actively participate in the governance and decision-making processes of the project. Staking provides token holders with an opportunity to contribute to the network's security and earn passive income through rewards.
Rewards and Incentives: Implement a rewards system that incentivizes users to actively engage in the ecosystem, contributing to the stability and growth of the project. Users can earn rewards for various actions, such as providing liquidity, referring new participants, or participating in community initiatives. These rewards motivate users to actively contribute to the project's success.
Utility within Ecosystem: Enable Mike Tokens as a medium of exchange for services, products, and exclusive features within the Mike Token ecosystem, such as discounted fees, access to premium content, and participation in special events. The token's utility expands its use beyond speculative trading, creating a vibrant ecosystem where the token serves as a valuable tool for various activities and transactions.