Multitude
  • Abstract
  • Introduction - Market Inefficiencies
  • Early Attempts - The Problems
  • Multitude - Our Solution
  • PRODUCT OVERVIEW
    • Synthetic Equities
    • Tradable Assets
    • Margin Trading
      • *Margin Trading
      • Margin Requirements
      • Liquidation Mechanisms & Margin Call Notifications
      • Lending
    • Dividend Distribution & Proxy Voting
    • Derivatives
    • Community-Guided Governance
    • Tax Reporting & Auto Loss Harvesting
  • PLATFORM ROADMAP
    • Development Milestones
    • Multitude DAO Foundation
    • Community Airdrop
    • Tokenomics
  • RISK & SAFETY
    • Full KYC & AML Compliance
    • Maximising Self-Custody
    • Smart Contract Audits & Proof of Reserves
    • Price Oracle Back-Stops
  • FAQs
    • Why 'Multitude'?
    • *Playing Devil's Advocate
    • Gaining Traction
    • *Know Your Entrepreneurs
    • Say Hello
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  1. PLATFORM ROADMAP

Tokenomics

When creating a tokenomic structure, Multitude was careful to avoid common pitfalls and ensure a fair distribution of tokens with transparent vesting schedules.

  • Total token supply: 1,000,000,000

  • Token allocation:

    • Community Airdrop & Multitude DAO Foundation: 51%

    • Team: 14%

    • Investors & Advisors: 10%

    • Platform Development Fund: 10%

    • Reserves: 10%

    • Marketing & PR: 5%

We are also committed to encouraging long-term commitment and reduce the risk of market manipulation or sudden sell-offs by ensuring that all team, investors, and project affiliates are subject to vesting periods.

  • Team: 1.4% at launch, with the remainder gradually released over a period of 4 years, at quarterly intervals.

  • Investors & Advisors: 2% at launch, with the remainder gradually released over a period of 4 years, at quarterly intervals.

  • Platform Development Fund: gradual release schedule, with funds earmarked for specific purposes like platform development or hiring.

Multitude

Token burning mechanism: To maintain stability and support the token's value, introduce a token burning mechanism where a portion of the tokens collected as fees or from other activities are periodically burned, reducing the overall token supply.

Transparency: Maintain a high level of transparency by regularly updating the community on token allocation, vesting schedules, and the use of funds. This can help build trust and credibility, attracting more users and investors to Multitude.

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Last updated 2 years ago