The emission model for $MYRD is designed to be deflationary, with a capped supply of 100 000 000 $MYRD that will be initially distributed during funding rounds. This approach underscores the project's commitment to a sustainable economic framework.
Distribution
There will be premint of 100 000 000 $MYRD, which will be distributed next way:
Allocation | % of first emission | Unlock Schedule |
Treasury | 35 | 1 year cliff, 24 months vesting month-on-month |
Tetu Part | 20 | 6 months cliff, infinite lock in veNFT (veTETU) |
Ambassadors | 4 | 3 months cliff, 6 months linear vesting |
Initial Liquidity | 1 | Immediately unlocked |
Fundraise (Seed) | 10 | 5% TGE, 3 months cliff, 8 months vesting |
Fundraise (Private) | 10 | 10% TGE, 3 months cliff, 12 months vesting |
Team | 20 | 1 year cliff, 18 months vesting |
Circulating Supply
The initial premint of $MYRD corresponds to the total capped emission, establishing the full circulating supply from the outset. Emission events are strategically timed to coincide with funding rounds, ensuring a controlled release of tokens into the market. Additionally, the $MYRD token undergoes burning when used for $SACRA minting, reinforcing the token's deflationary model and aligning incentives between the game's success and token valuation.