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🗝️ Tokenomics

A total of 3 Billion of MappedSwap Tokens (MST) will be issued to incentivize different stakeholders of the Protocol:

  • 1.5 Billion (50.0%) of MST are used to incentivize the liquidity providers of wBTC, ETH, and USDC Pools. Details can be found on the Stake Page.

    • 1 Billion (33.3%) of MST will be rewarded to the initial liquidity providers of wBTC, ETH, and USDC Pools

      ▪ 600 Million MST will be rewarded to the liquidity providers of the first $600 Million in USDC.

      ▪ 200 Million MST will be rewarded to the liquidity providers of the first $200 Million in wBTC.

      ▪ 200 Million MST will be rewarded to the liquidity providers of the first $200 Million in ETH.
    • 500 Million (16.7%) of MST will be rewarded to the subsequent liquidity providers.

  • 900 Million (30.0%) of MST are used in the Friends referral program, incentivizing any successful referral.

  • 600 Million (20.0%) of MST are retained for the founding team, with a linear release over 2 years.