$MSTAR Tokenomics: An Overview of MerlinStarter’s Launchpad Token Economy
MerlinStarter is a native launchpad platform on the Merlin Chain, focusing on unlocking the potential of native assets across protocols. It provides a robust ecosystem for early-stage projects to succeed by expediting asset circulation and ensuring seamless flow on the Merlin Chain.
MerlinStarter Introduction
The IDO Launchpad is at the core of MerlinStarter, securing early-stage funding and acting as a strategic launchpad for projects. It guides projects through critical development stages, leveraging targeted traffic sources to enhance visibility and traction within their target audience.
The Bitcoin Layer 2 Accelerator is a flagship initiative that provides comprehensive support to projects in the Bitcoin Layer 2 ecosystem. It goes beyond financial backing, offering technical assistance, marketing expertise, and advisory services on tokenomics. The accelerator aims to drive growth and development within the Bitcoin Layer 2 space, contributing to the advancement of the broader crypto ecosystem.
$MSTAR Tokenomics: Driving the MerlinStarter Ecosystem
Complementing the platform’s initiatives is the $MSTAR token, which plays a vital role in the MerlinStarter ecosystem. Here is an overview of the $MSTAR tokenomics:
5% Public Sale:
50% vesting at TGE, then linear vesting in 5 months.
5% of $MSTAR tokens is allocated for public sale, allowing community members and investors to participate in the initial distribution.
10% Airdrop (5% for the first Phase):
50% will be linear vesting in the first 30 days; 50% will be decided by the community.
The $MSTAR token distribution comprises two distinct phases of airdrops. The first phase, commencing at the Token Generation Event (TGE), is specifically designed to reward early supporters of MerlinStarter. During this initial phase, 5% of the total token supply is allocated for the airdrop. The details about airdrop qualifications and vesting terms will be announced in the coming days.
We are thrilled to announce that as part of our commitment to building a vibrant and engaged community, we have allocated some $MSTAR tokens for an exclusive airdrop to users of participating exchanges. This airdrop aims to reward and incentivize users who actively trade and engage with $MSTAR on supported exchanges. It is our belief that by incentivizing users and rewarding their engagement, we can create a positive feedback loop that drives increased trading volume and market participation. The vesting way for this portion of airdrop tokens is determined based on exchange activities.
10% Liquidity Treasury:
Vesting according to the liquidity needs.
Tokens are allocated to the liquidity treasury, ensuring sufficient funds for supporting liquidity and trading activities of Merlin Starter.
17% Investor & Partner:
5% vesting at TGE, then linear vesting in 12 months.
17% of $MSTAR tokens are allocated to investors and strategic partners, fostering collaboration and providing long-term support for the platform’s growth.
2% Marketing & Growth:
15% vesting at TGE, then linear vesting in 6 months.
2% of the tokens are designated for marketing efforts, which encompass advertising, promotions, branding, and more. These activities aim to increase the visibility of the MerlinStarter platform and attract a wider user base. Additionally, resources will be allocated to establish a network of industry experts, thought leaders, and community members who can actively contribute to the growth and development of the MerlinStarter ecosystem.
15% Team & Contributors:
6 months Cliff after TGE, then linear vesting in 24 months.
The team and contributors receive a portion of tokens as recognition for their efforts in developing and maintaining the MerlinStarter platform.
5% Advisor:
5% vesting at TGE, then linear vesting in 24 months.
Tokens are allocated to advisors who provide valuable insights and strategic guidance to ensure the platform benefits from expert advice.
36% Ecosystem & Community Incentives:
Linear vesting in 24 months.
The largest portion of tokens is allocated to ecosystem and community incentives. This allocation aims to foster engagement, reward active participants, and drive the growth of projects on the Merlin Starter.
$MSTAR Token Utilities:
1. Exclusive IDO Pool Access: $MSTAR will be utilized for the exclusive IDO pool for MerlinStarter’s upcoming launch, allowing token holders to participate in future IDO events specifically tailored for $MSTAR.
2. Staking Rewards: Token holders will have the opportunity to stake their $MSTAR tokens, enabling them to earn rewards such as token yield farming and other incentives.
3. Airdrop Participation: $MSTAR token holders will be granted the opportunity to either directly receive or obtain priority access to participate in each phase of the airdrop event.
MerlinStarter is a platform dedicated to unlocking native assets on the Merlin Chain, offering an IDO Launchpad and a Bitcoin Layer 2 Accelerator to support and empower projects. The $MSTAR token serves as the cornerstone of the ecosystem, driving participation, incentivizing engagement, and fueling the growth of projects on the Merlin Starter. Through its well-designed initiatives and tokenomics, MerlinStarter aims to revolutionize the launchpad landscape and contribute to the broader advancement of the crypto industry.
