Token Supply & Distribution

Understanding $MYO distribution over time

There will be a total capped supply of 10 Million $MYO. The tokens will be distributed in timed tranches over 4 years, decreasing in total amount over time, to maximize value appreciation and minimize supply shocks to $MYO liquidity pools.

The planned release schedule, with an anticipated launch in May 2023 is:

  • The first 3,000,000 tokens will be available on the Launch Date

  • Following 2,500,000 tokens will be released after Year 1

  • Following 2,000,000 tokens will be released after Year 2

  • Following 1,500,000 tokens will be released after Year 3

  • Following 1,000,000 tokens will be released after Year 4

Distribution

Distribution of each tranche is structured with the interests of DAO members, core Myosin team, investors, and advisors in mind.

For each tranche release of $MYO:

  • 40% will be distributed to the Community Treasury, which the DAO will control and distribute for members, bounties, Guilds, staking rewards, and other DAO-relevant initiatives and workstreams.

  • 18% will be set aside as Net Reserves to support $MYO's overall tokenomics.

  • 15% will be allocated and distributed to Investors who can provide meaningful value to the DAO and the community beyond simply cash (ex. access to new deals, talent, content, etc.)

  • 15% will be distributed to the Co-Founders, rewarding them for their hard work and incentivizing them to be responsible stakeholders

  • 8% will be distributed to Core Team & Advisors, for FTEs and Advisors who are helping build Myosin as leaders.

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