Welcome to the world of Mithril Coin tokenomics, where transparency and community-driven principles are at the core of our digital currency's design. In this introductory guide, we'll delve into the key aspects of Mithril Coin's tokenomics, providing you with a comprehensive understanding of how it all works.

Total Supply: 1 Billion Supplies Mithril Coin boasts a total supply of 1 billion tokens, setting the stage for a robust and accessible ecosystem. With this ample supply, Mithril Coin is poised to accommodate a wide range of use cases within the crypto world.

Renounced Ownership One of the defining features of Mithril Coin is the renounced ownership. In simple terms, this means that the original creators or developers of the coin no longer have control or influence over its operations. This decision underscores the commitment to decentralization and community governance, ensuring that the fate of Mithril Coin rests firmly in the hands of its users and stakeholders.

Buy/Sell Tax: 3% To maintain the sustainability and growth of the Mithril Coin ecosystem, a 3% tax is applied to both buying and selling transactions. Let's break down this tax:

  • 1% Mithril Coin Reflections: This 1% tax is redistributed to existing Mithril Coin holders, providing them with an incentive to hold and support the ecosystem. The more you hold, the more reflections you receive.

  • 1% Liquidity: This 1% tax is used to enhance the liquidity pool, ensuring that there are ample funds available to facilitate smooth and efficient trading on the platform. Notably, the liquidity pool is locked for a period of 10 years, guaranteeing its long-term stability and reliability.

  • 1% Marketing: This 1% tax is dedicated to marketing efforts aimed at promoting and expanding the reach of Mithril Coin. It helps fund initiatives such as advertising, partnerships, and community engagement, ultimately driving awareness and adoption.

Token Distribution Understanding how tokens are distributed is vital to comprehend the overall supply dynamics. Here's a breakdown:

  • 90% Liquidity: A significant portion of Mithril Coin tokens, 90%, is allocated to liquidity. This ensures there are ample reserves to back trading activity, maintaining price stability and a seamless trading experience.

  • 5% Team (held in a multi-sig team wallet): 5% of the tokens are held in a multi-signature team wallet. This allocation is designed to incentivize the core development team and align their interests with the long-term success of Mithril Coin.

  • 5% Future CEX Listings, Bridges, Liquidity, Marketing, and Promotions: The remaining 5% is dedicated to future endeavors, including listings on centralized exchanges (CEX), bridging to other platforms, enhancing liquidity, and furthering marketing and promotional efforts. This allocation supports the ongoing growth and development of the Mithril Coin ecosystem.

With this comprehensive overview of Mithril Coin's tokenomics, you are now equipped with the knowledge to navigate the world of Mithril Coin with confidence and clarity. Whether you're a seasoned crypto enthusiast or a newcomer, Mithril Coin welcomes you to its decentralized and community-driven ecosystem.

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