Demand and Supply

How we ensure $MYO stays healthy

Maintaining a healthy balance between Demand and Supply is critical to the Tokenomics of any project. As such, we have carefully designed a system with a deflationary supply and strong incentives for buy pressure that benefits all $MYO holders and Myosin.xyz members.

Demand Levers

• All DAO members must buy and hold at least 100 $MYO in their wallet to be an active member

• Participation in Myosin’s projects requires staking of 100 $MYO. Depending on the level of involvement, the DAO member will be required to either earn or purchase more $MYO tokens (eg: participating in 3 projects concurrently will require staking 300 $MYO).

• DAOs, as networks organized through the blockchain, benefit from Metcalfe’s Law, wherein a network’s value is proportional to the number of nodes in the network. As a service DAO, we strongly believe that demand for $MYO will only continue to increase as the DAO itself grows in number of clients and DAO members

Supply Levers

• $MYO supply will be permanently fixed at a maximum supply of 10 million tokens

• Our web3 marketing products will be our primary value accrual mechanism for $MYO token. Brands that want to use our products will need to purchase $MYO and spend them to use our products. Spent $MYO is redirected back to the community treasury, with some % directed as an APR for members staking their own $MYO on the projects they work on.

• As Myosin's ecosystem of tools grow, we will service new clients, which will become a flywheel for more brands that use our marketing tools

• Active participation in the DAO requires staking $MYO

• To participate in a project or product team, a member has to stake at least 100 $MYO for the full duration of the project they choose to work on, further reducing available supply

• Members who stake $MYO will receive staking rewards, where more urgent projects and products receiving a higher APY