🪙Tokenomics

The MVD token is central to the economy within MeVersede, facilitating in-game transactions such as the purchase of virtual items and access to premium features.

• Token Supply and Management: The total supply of MVD tokens is capped at 7,000,000, with a 1% inflation rate introduced after the first decade to ensure sustainability. This inflation is designed to accommodate the expanding economy within MeVersede.

• Dynamic Token Supply: To maintain token balance and value, a percentage of MVD tokens involved in transactions are permanently burned, reducing the overall supply incrementally.

• Governance and DAO: Token holders are not just participants but also have governance rights within the MeVersede ecosystem. Through a Decentralized Autonomous Organization (DAO), members can submit and vote on proposals to alter tokenomics in ways that benefit the community, ensuring the platform remains responsive to user needs and market dynamics.

• Funding and Distribution: Initial funding for MeVersede is raised through both private and public sale rounds, which are critical for the ongoing development and enhancement of the platform. This strategic distribution ensures that there are ample opportunities for investor participation and community engagement from the outset.

Allocation	Percentage	Vesting rules
Community	60%	6% vested at TGE, 54% vesting monthly over 8 years
DAO	15%	3% vested at TGE, 12% vesting monthly over 4 years
Team	15%	1 year cliff, vesting monthly over 3 years
Investors	10%	1 year cliff, vesting monthly over 3 years

MVD Staking Pool

In the MeVersede metaverse, the MVD Staking Pool is established to foster long-term engagement and governance participation by its community.

• Staking Duration: MVD token holders can choose to lock their tokens within the staking contract for periods ranging from one month up to twelve months. During this time, the tokens are immobilized, rendering them non-transferable and non-tradable.

• Staking Rewards: In exchange for staking their tokens, participants are rewarded with 50% of the MeVersede metaverse's generated revenue, along with additional MVD tokens dispensed weekly. The distribution of these rewards is proportionate to each participant's share of the total amount staked.

• Governance Participation: Staked tokens also function as voting rights in the MeVersede Decentralized Autonomous Organization (DAO), empowering stakers with full rights to partake in community decision-making processes.

• Unstaking: Upon the completion of the chosen staking period, the original staked tokens plus all accumulated rewards are returned to the staker’s wallet. Participants then have the option to restake or withdraw their tokens according to their preference.