We would like to share a significant development regarding the MRST token. As part of our planned tokenomics and token generation schedule, we will be minting an additional 400,000,000 MRST tokens as a portion of the 5 billion MRST tokens, allocated for early-stage development and ecosystem creation.
Total of 5 billion MRST tokens will be minted over 10 years in order to manage and maintain reasonable supply for the ecosystem. The final proportions for distribution (eg. 20% for Ecosystem, 4% for Public Sale), as per the white paper, does not change.
These tokens will be added to the total supply, and will be used to support various initiatives, marketing activities, partnerships, and developments that will further strengthen our community and ecosystem.
Please note this does not mean all 400,000,000 MRST will be added to circulating supply right away and please refer to the quarterly circulating supply disclosure for more details.
- Newly Minted Tokens: 400,000,000 MRST
- Purpose: To support the growth and development of the MRST ecosystem.
We appreciate the ongoing support from our dedicated community, and we believe that this milestone is a positive step forward for MRST.
Thank you for being part of the MRST community!