Mactivas ($MACT) Token Economy
The Mactivas ecosystem is the first free, permissionless web3 launchpad and decentralized platform enabling developers and innovators opportunity to launch their projects successfully while giving the masses or investors the leverage to invests in new projects without any formal or having some huge form of investment portfolio or any form of KYC verification needed to participant in the process.
The native token of the Mactivas ecosystem is the governance token and staking token on the platform for staking rewards and well as the transaction fee token in future.
It will be used in various ways across the platform, such as:
· Governance token
· Reward token for Stakers
· Launchpad staking
· Transaction fees
$MACT the Mactivas ecosystem native token will only have maximum supply of 500 million in existence.
· Total Supply: 500 million $MACT
· Initial Circulating Supply: 50 million $MACT
· Max Supply: 500 million $MACT
Deflationary
When user’s participant in launchpad activity a deflationary fee of 0.5% — 5% must be paid and is allotted to the deflationary vault. The MACT that is used in paying the deflationary fee is burned, decreasing the total outstanding supply of MACT token.
Governance
MACT will serve as the governance token of the ecosystem. Key changes and parameters of the Mactivas platform will be governed by holders of MACT token. For instance, the deflationary fee for participating launchpad, the staking rewards, launchpad fees, burning parameters, new projects and more.
Staking
To secure the ecosystem and maintain the token value 18% of total supply is allocated for staking rewards. The ecosystem users who stake their token will be receiving reward APY which will run for initial 5 years before the supply could run out. If after 5 years were the token value have full stabilized the community can decide through governance to reallocate some tokens from the deflationary vault to staking reward.
The Token Supply Breakdown Chart
Public Presale
The public presale which is open to all and will be the only sale before the token is launch & trading commence in DEX and CEX listing.
It is design to work with Mactivas ecosystem goals “equal opportunity for all” and “redistributing opportunity and power from unaccountable structures to the margins of the masses”.
The public presale goal is to enter the market with a minimum market cap of 2-million-dollar.
· The public presale rate is 1 ETH to 25,000 MACT.
· The public presale is 20% of Total Supply.
The presale token is locked initially and unlocked fully within 12 months.
SAFU/Treasury Fund
The MACT SAFU fund is a community pool that will increase the overall safety of the Mactivas ecosystem by protecting the platform and users against unforeseeable events while ensuring that users are assured of funds safety. The main purpose of the SAFU fund is to make users whole in event of any unforeseen exploits, hack, bug or any technical issues that results in users lost of funds. The Treasury has 25% of the total supply and will only be use if any of the event mentioned above occurs and such will be through governance vote by the community.
Team
The Mactivas team is allocated 7% of token total supply and will be locked for a period of one year.
Community Fairdrop
In line with our commitment of building a community owned ecosystem; 5% of the total token supply is allocated for airdrop. The airdrop allocation will be drop in stages to our community and ecosystem users.
Future project incentive funds
In other to attract and onboard more project in future an incentive program will run that will incentivize projects to the protocol. A 15% of total supply is allocated for this purpose and is locked in full till the program commences.
Liquidity & incentives Fund
The liquidity fund is 10% of total supply and will be the initial circulating supply.
This is information is provided for information purposes only, and should not be relied upon as legal, investment, financial or tax advice. References to digital assets are for illustrative purposes only and should not constitute investment or financial advice.
MACTIVAS ~ An ecosystem designed to evolve.
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Our website: https://mactivas.com
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ABOUT MACTIVAS
Mactivas — a secure, decentralized and permissionless free launchpad ecosystem bridging and bringing together adoption of blockchain solution to developers and users alike.