MyGate NetWork
  • Welcome MyGate Network
  • Roadmap
    • Strategic Roadmap
  • Framework & Core
    • Framework
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  • Rewards
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    • MYG
    • MUSDT
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  • Guideline Earn Point
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    • VPS
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  • $MYG Token Supply Allocation
  • Monthly $MYG Token Distribution Schedule
  1. Economic

Tokenomic

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Last updated 4 months ago

The $MYG token will have a total fixed supply of 1,000,000,000 tokens, strategically allocated to ensure robust growth, community engagement, and ecosystem sustainability. Here’s the breakdown of the allocation, along with the distribution schedule for each category:

$MYG Token Supply Allocation

  • Community - 300,000,000 $MYG (30%) 🌐 Aimed at rewarding early contributors, supporting infrastructure, and sustaining long-term network growth.

    • Future Incentives - 170,000,000 $MYG (17%) 🏅 Reserved for rewarding early community members and contributors who create valuable tools or content.

    • VPS Node Rewards - 30,000,000 $MYG (3%) 💻 A pool to incentivize early VPS contributors, ensuring essential infrastructure support.

    • Airdrop - 100,000,000 $MYG (10%) 🎉 Designed to encourage initial adoption, fostering engagement in MyGate’s decentralized ecosystem.

  • Foundation & Ecosystem Growth - 228,000,000 $MYG (22.8%) 🚀 Managed by the MyGate Foundation, this reserve supports community initiatives, network upgrades, partnerships, and continuous development, governed by the DAO.

  • Private Sale - 322,000,000 $MYG (32.2%) 📈 Private sale allocation for early supporters, with the following distribution:

    • Unlock Schedule: 50% at TGE, a 1-month cliff, followed by 10% monthly unlocks.

  • Contributors - 150,000,000 $MYG (15%) 👥 Allocated to core contributors with a 1-year cliff and a 3-year vesting period. Locked tokens remain staked until fully vested.

Monthly $MYG Token Distribution Schedule

Each category follows its unique distribution schedule to promote network stability, reward early participants, and ensure continuous development. Distribution details are visible on the MyGate Dashboard, ensuring full transparency for all participants.

MyGate’s tokenomics are designed to foster a balanced and sustainable ecosystem, benefiting early adopters, contributors, and the broader community.