MORE captures the fees paid by borrowers on the platform . Holders will be able to stake the token in the future for revenue generated by the protocol. MORE stakers will receive 70% of the revenue generated by the protocol.
The protocol generates revenue from the 0.5% minting fee, fee on yield generated from collateral. As the protocol expands, MORE stakers will be exposed to additional streams of revenue from our other platform.
MORE Tokenomics Total Supply: 1,000,000,000
MORE Address: 0xd9d90f882cddd6063959a9d837b05cb748718a05
75% Protocol Ecosystem Fund: allocated to the protocol and treasury to incentivise long term growth and adoption of Moremoney. Possible use cases for this tokens include but are not limited to:
1. MONEY LP reward 2. MORE-AVAX, MONEY-AVAX LP reward 3. Bonding for Protocol owned liquidity (MORE-AVAX, MONEY-AVAX) 4. Stake to earn MORE (Stake USDT, AVAX get MORE) 5. Kickstarting other Moremoney products like smart liquidity 6. Marketing and community growth
25% Team: The team will acquire 25% of the total supply of MORE and place it into a contract with a 3 years linear vesting.