ViewMynte Docs
  • Introduction
  • Platform Overview
  • Core Features
  • The Hash Card System
  • Token Economics
  • Earning Mechanisms
  • Special Links
    • Social Handles
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  • Total Supply
  • Transaction Fee & Allocation
  • Deflationary Mechanism
  • Token Allocation
  • Why This Allocation?

Token Economics

Total Supply

ViewMynte has a fixed total supply of 2.1 billion tokens (2,100,000,000). This cap ensures scarcity and aligns with the platform’s deflationary design.


Transaction Fee & Allocation

A 2% fee is applied to every MYNTE token transfer, split equally between two critical functions:

  1. Buyback & Burn (50% of the fee) :

    • Funds are pooled to repurchase MYNTE from the market at regular intervals or when the fee pool reaches a threshold.

    • Tokens are permanently burned, reducing circulating supply and increasing scarcity.

  2. Treasury/Rewards Pool (50% of the fee) :

    • Supports ecosystem growth, rewards high-performing users, and funds community initiatives (e.g., hackathons, airdrops).


Deflationary Mechanism

The buyback-and-burn process is automated and transparent:

  • Trigger : Activated weekly or when the fee pool exceeds 5 million MYNTE.

  • Execution : Tokens are repurchased from DEXs like TON Swap and burned publicly, with records stored on-chain.

  • Impact : Over time, reduced supply drives value appreciation for remaining tokens.


Token Allocation

The distribution is designed to balance community incentives, ecosystem growth, and sustainability:


Why This Allocation?

  1. Community-Driven Growth (50% Airdrop) :

    • Prioritizes fairness by distributing tokens to 800M+ Telegram users , fostering organic adoption.

  2. Ecosystem Sustainability (15%) :

    • Allocates resources for partnerships and rewards validators/developers, avoiding over-centralization.

  3. Liquidity Optimization (15%) :

    • Ensures low slippage on Exhanges, critical for user trust.

  4. Team Incentives (10%) :

    • Vesting aligns with industry standards, reducing "rug pull" risks and ensuring accountability.

  5. Growth Funding (10%) :

    • Supports aggressive marketing and feature development.

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Last updated 1 month ago