MST Token Allocation

MySwap token (MST) initially issued a total of 1 billion, 100% of which were not private placement, no pre excavation, and distributed through liquidity mining.

In order to cover as many users as possible, 9 million MSTS will be airdropped to test network users, and our airdrop plan will be implemented in multiple phases.

In order to give back to the early angel investors who support the development of MySwap, 50 million MST will be given back to the early angel investors. This part will be released according to the block through smart contract in 12 months after the main network goes online.

94.1% of MST will be mined in the way of liquidity pledge in the main network. We set the 7 days after the main network goes online as the genesis mining period. In this week, the MST production of each block is twice that after the genesis mining period, that is, for the former 201600 block, 80 MST will be produced in each block, and after 201600 block, 40 MST will be produced in each block. From the end of Genesis mining, the output will be reduced by 10% every 30 days.

10% of MST from mining output will automatically go into Dao fund account for sustainable R & D and ecological development.