🪙Mangonomics
Tokenomics for MANGO
Last updated
Tokenomics for MANGO
Last updated
| Category | Allocation | Percent |
|---|---|---|
Total | 10,000,000,000 | 100% |
Initial Airdrop | 500,000,000 | 5% |
Public Registration | 4,500,000,000 (3,506,057,831.62125 burned) | 45% |
Bond Rewards | 4,000,000,000 | 40% |
Liquidity | 1,000,000,000 | 10% |
The Mango Treasury will issue 10,000,000 new MANGO tokens every day for 400 days as bonds. It's important to note that if these bonds are not purchased, the circulating supply of MANGO tokens will remain unchanged. This means that the issuance of new tokens is entirely dependent on the demand for bonds in the market.
3,506,057,831.62125 MANGO tokens were burned from the public registration supply.
500,000,000 MANGO tokens were bridged to Polygon PoS and Arbitrum for market making purposes. The proceeds from market making will be sent back to the MANGO treasury after it is no longer required for the markets to function.
