๐ŸนMJT

The native token of MojitoSwap

MJT is the native token and the governance token of MojitoSwap.

Contract Address๏ผš0x2cA48b4eeA5A731c2B54e7C3944DBDB87c0CFB6F

Holding MJT can enjoy the following:

โœ… Participate in liquidity mining and get MJT mining rewards

โœ… Become a LP and enjoy the MojitoSwap transaction fee-sharing

โœ… Have the right to the future governance of MojitoDAO

The transaction fee in MojitoSwap is 0.3%. And 60% of the trading fee generated is used as a reward for LP holders, 26.67% is used to buyback and burn MJT, and 13.33% is moved to the treasury.

About MJT Distribution

The total supply of MJT is 100,000,000 and the token distribution is as follows:

Mining: 75%

75% of the tokens will be used as a reward for liquidity mining

Labs: 10%

10% of the tokens will be allocated by DAO voting

Team: 6%

6% of the tokens located to the core team and full-time employees and will be released in the next 4 years linearly.

Marketing Cost: 4%

4% of the tokens will be used to incentivize community builders and opinion leaders to increase traffic in different social platforms, encrypted communities, Reddit communities, and developer forum communities

Brand Cost: 4%

4% of the tokens will be used for MojitoSwap brand maintenance and promotions.

Airdrops: 1%

1% of the tokens are used to give back to the KCC community and help build the KCC community ecology. The unclaimed part will be burned in phases at a later stage.

The current average daily supply of MJT is 86,400, with a 20% reduction on mining rewards every 180 days.

Buyback and Burn

โœ… Buyback and burn monthly ๏ผˆtrading fees๏ผ‰

โœ… The burning plan of the remaining unclaimed MJT in the 2nd Round Airdrops

โœ… Others

Go to medium to view more info of buyback and burn

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