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The native token of MojitoSwap
MJT is the native token and the governance token of MojitoSwap.
✅ Participate in liquidity mining and get MJT mining rewards
✅ Become a LP and enjoy the MojitoSwap transaction fee-sharing
✅ 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.
The total supply of MJT is 100,000,000 and the token distribution is as follows:
75% of the tokens will be used as a reward for liquidity mining
10% of the tokens will be allocated by DAO voting
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.
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
✅ Buyback and burn monthly （trading fees）
✅ The burning plan of the remaining unclaimed MJT in the 2nd Round Airdrops