MORA Tokenomics Explained
Overview of the MORA Tokenomics
Key Metrics:
Ticker: MORA
Token Type: Utility Token
Total Token Supply: 5500000 MORA
Initial Circulating Supply: 2375000 (43% of total supply upon Uniswap listing)
Token Sales
1970000 MORA tokens will be distributed via token sales. This makes 35.80% of total token supply. There will be two rounds of token sale.
- Early Supporter Round: 450000 MORA Tokens
- Public Sale Round: 1520000 MORA Tokens
- There will be no lock-up or vesting on those tokens.
Development
900000 MORA Tokens are allocated for project development, which makes 16.40% of total supply.
· Development tokens will remain locked for 6 months after listing.
· After 6 months, 20% will be released subsequent months to improve the products and ecosystem.
Staking Reserve
1000000 MORA Tokens are allocated for staking reserve, this consists of 18.20% of total supply.
- Staking reserve tokens will remain locked in the smart contract.
- Tokens will be distributed to MORA stakeholders.
Team
700000 MORA Tokens are allocated for the team. Team token allocation consists of 12.70% of the total supply.
- Team tokens will be locked for 6 months after listing.
- After 6 months, 20% of tokens will be released per month.
Marketing
405000 MORA Tokens are allocated for marketing budget. Marketing tokens consist of 7.40% of the total supply.
- 100% of marketing tokens will be unlocked.
- Most of this fund will be used to introduce Meliora and token sales.
- Marketing tokens will also be used for giveaway and community rewards purposes.
Liquidity Provision
525000 MORA Tokens are allocated for liquidity provision. They consist of 9.50% of the total supply.
- After token sales end, all those tokens will be added into Uniswap MORA/ETH pool.
- Meliora Team will provide ~150 ETH and 525000 Mora Tokens into Uniswap liquidty pool, securing initial listing price 3500 Mora per ETH.
- Upon listing, LP tokens will be locked through smart contract.
About MORA
Meliora is a Decentralized P2P Cross-chain Swap Protocol. Meliora provides from wallet to wallet, trust-less, permission-less, and secure swaps. Meliora will be one stop trading solution for multichain swaps. Meliora will support Bitcoin, Ethereum, Binance Smart Chain, Cosmos, Polkadot, Tron, Avalanche blockchains.
Stay In The Loop
Website: https://meliora.finance
Twitter: https://twitter.com/meliorafinance
Telegram: https://t.me/meliorafinance
