MOON Tokenomics: An Active White Paper
Version 1.1
Abstract
This active white paper delves into the unique tokenomics model underlying the MOON digital asset. Designed to incorporate the benefits of both deflationary economics and real-world assets, MOON presents a multi-layered utility that holds promising potential in the decentralized finance (DeFi) ecosystem. This white paper dissects the various elements, mechanics, and strategies to offer an in-depth understanding of MOON’s economic architecture.
1. Introduction
The rapidly evolving landscape of DeFi has brought forth several innovative token models. However, a majority remain volatile and lack tangible backing. MOON seeks to address these gaps by integrating traditional scarcity-based economics with the value proposition of Bitcoin, creating a robust tokenomics structure.
2. Deflationary Mechanism
MOON is introduced with a deflationary mechanism, emphasizing the principle of scarcity. Periodically, 1/3 of the accumulated funds generated from Bitcoin Mining are utilized to purchase MOON tokens from the open market. These tokens are subsequently burned, reducing the overall supply. This process, modeled after traditional stock buybacks, offers the dual advantage of potentially driving demand and enhancing per-token value.
Algorithm 1: MOON Buyback & Burn Process
Initialization: Set initial supply (S) = 21 million MOON.
Accumulation: Deduct funds for buyback (F_buyback) from revenue sources.
Purchase: Buy MOON from the open market using F_buyback.
Burn: Destroy purchased MOON tokens, reducing S.
Update: Adjust S and update on the blockchain.
3. Bitcoin Reserves & Staking Rewards
3.1. Reserve Mechanism
One-third of MOON’s generated revenue is allocated for the acquisition and retention of Bitcoin (BTC). By strategically denominating a part of its financial reserves in BTC, MOON not only secures itself with the foundational stability that Bitcoin offers but also leverages the prospective appreciation of Bitcoin’s intrinsic value. This process solidifies MOON’s position, effectively tethering its fate to the acclaimed “digital gold.” However, it’s pertinent to note that while MOON’s value is anchored to Bitcoin, its deflationary mechanism provides it with a distinctive edge, granting the potential to experience value accretion surpassing even that of Bitcoin over time.
3.2. Stake MOON, Earn BITCOIN
MOON token holders have the option to stake their tokens to earn rewards in Bitcoin. These rewards are funded using a third of the revenues from MOON’s Bitcoin mining activities. Additionally, profits from Bitcoin reserves may also contribute to these rewards. This staking approach not only offers holders a chance to earn from a respected and growing asset like Bitcoin but also encourages long-term commitment to the MOON ecosystem.
Algorithm 2: MOON Staking Process
Initialization: Stakeholder initiates staking, declaring stake amount (M_stake).
Lockup: M_stake tokens are locked for a predetermined period.
Reward Calculation: Daily/Weekly/Monthly BTC rewards are computed based on the stake amount.
Distribution: Post-lockup, M_stake is returned along with accumulated BTC rewards.
4. Community Engagement and Growth
At the heart of MOON’s trajectory lies an unwavering commitment to its community. MOON comprehends that a blockchain project thrives not just on its technological prowess but on the community’s engagement, trust, and active participation.
Platform Engagement:
Primary Community Hub: Discord. This will be MOON’s central communication channel, serving as the meeting point for all community activities, from AMAs to announcements.
Secondary Outreach: Telegram, which will be brought into play during the Ascent, supplementing our Discord activities.
Ask Me Anything (AMA) Sessions:
MOON actively engages with its community through routine AMAs on Discord. These sessions are direct channels for the community to interact with the team, ask burning questions, and understand the project’s dynamics and upcoming phases.
Community Contests:
A plethora of activities await MOON’s community, including:
Meme Creation Challenges
Growth Challenges
Trivia about MOON’s technology and vision
Referral Programs rewarding the top referrers
Artistic representations of MOON’s journey
Feedback Mechanisms:
Valuing community voices, MOON will employ:
- Community Polls on feature improvements
- Feedback Channels on Discord for suggestions and critique
- Roundtable Discussions on specific themes or features
Partnerships & Collaborations:
Strategic collaborations with Chainlink and WBTC are already in the pipeline. Further, MOON is set to engage with the top 30 crypto influencers via FINPR, catapulting its outreach.
Rewards & Recognition:
For active community contributors, MOON plans to:
- Offer badges or unique roles on Discord
- Host Leaderboards spotlighting top community contributors
- Launch Monthly “Moonie” Awards for community members
Education:
In a bid to foster a well-informed community, MOON will develop interactive quizzes and host a ‘best question contest’, allowing members to deepen their understanding of MOON’s intricate tokenomics and broader vision.
Onboarding New Members:
Primary onboarding will occur via Discord. However, during the Moon Landing phase, a website revamp is anticipated to include interactive tutorials and introductions for newcomers.
Live Events & Webinars:
MOON isn’t just digital. Plans include sponsoring live events in the crypto sphere and, during the Moon Landing phase, livestreaming the Bitcoin mining operations to offer a real-time glimpse into MOON’s core operations.
Combating FUD:
In the dynamic world of crypto, FUD is inevitable. MOON plans to tackle this via rigorous transparency measures, active moderation, and periodic project updates, ensuring the community always remains in the loop.
Community Growth Roadmap:
While the complete roadmap is expansive, milestone examples include:
- Achieving a community of 10,000 active Discord members
- Launching the first community-driven feature or improvement
- Celebrating the 50th AMA session
Democratic Decision-making:
MOON will facilitate community voting, allowing MOON token holders to partake in pivotal investment decisions and strategic directions for the Bitcoin reserve.
International Outreach:
Inclusive growth is paramount. MOON will introduce international channels on Discord and appoint specialized moderators for dominant languages, ensuring no Moonie feels left out due to linguistic barriers.
Loyalty Programs:
While the early purchase of MOON tokens remains the foremost advantage for early adopters, supplementary perks will include exclusive giveaways and contests tailor-made for our pioneering Moonies.
Conflict Resolution:
A priority for MOON is to maintain harmonious community relations. To that end, an inclusive dialogue approach will be adopted, and third-party mediation platforms may be explored to address disputes, ensuring that every voice is heard.
Influencer Collaborations:
MOON understands the leverage of influencer outreach in today’s digital age. Collaborations with crypto content creators, backed by sponsorships of influencer videos, are on the horizon.
Charitable Initiatives:
Though in its nascent stages, the Base Building Phase might see MOON venturing into the domain of charitable events, harnessing the community’s strength for altruistic causes.
Ensuring Transparency:
A community’s trust is hard-earned and easily lost. MOON will safeguard this trust through public discussions on major project decisions and provide meticulous accounting and financial updates, ensuring absolute clarity.
5. Technical Specifications
5.1. Token Details
Ticker: MOON
Blockchain: Base Network
Initial Supply: 21 million MOON
Token Type: Utility
Contract Address: 0x408Cc6d6C4aaf98644773B185eC7A0d5E54B1e65
5.2. Token Distribution
Sushiswap Liquidity Pool: 15 million MOON
Bitcoin Mining Wallet: 5 million MOON
Marketing & Education Wallet: 500,000 MOON
Operations & Team Wallet: 500,000 MOON
Transparency/Protection: The Sushiswap LP Token was BURNED
Bitcoin Mining Wallet:
0x04447A05fF573257537F481d838e223A8E244140
Marketing Wallet:
0xF781Fcfc3a15f92F12E18287B368789F1008B109
Operations & Team Wallet:
0xE88F4f7a42Dc3C0994139799DcDf3B6b7cF52709
6. Conclusion
The MOON token isn’t just another crypto asset — it’s an evolution, taking lessons from the entire history of the cryptocurrency space. At its heart, MOON melds time-honored financial wisdom with the cutting-edge capabilities of decentralized finance. What sets MOON apart? Its fundamental linkage to Bitcoin, the first of its kind in the cryptocurrency world, and a consistent revenue flow from Bitcoin mining while being resilient to the typical Bitcoin price ups and downs.
The tokenomics behind MOON have been meticulously designed, keeping an eye on the rear-view mirror. We’ve studied the successes and pitfalls of previous crypto projects, ensuring MOON doesn’t just fit into the existing mold but breaks the mold, setting a new benchmark. This isn’t merely an exercise in theory. MOON’s approach addresses real-world financial nuances, bringing adaptability and relevance to the rapidly changing world of crypto.
TL;DR:
MOON combines the best of traditional finance and the crypto world, tied robustly to Bitcoin and its mining. Its tokenomics are shaped by the collective lessons of the crypto journey, ensuring a model that’s both innovative and grounded in financial pragmatism. MOON is a true moonshot, fueled and leveraged by Bitcoin.
Join the MOON Revolution!
MOON isn’t just another token — it’s an answer. An answer to everything that’s gone sideways in crypto and a beacon for all that’s good in the crypto universe. Say goodbye to the old ways and hello to a token that is created for sustainable growth. A token that is built to reach the MOON.
🌕 Dive deep into the MOONiverse! Join our Discord community to chat, strategize, and moonwalk with fellow pioneers.
🌌 Stay updated with every lunar phase! Follow MOON on Twitter for the latest buzz and news.
🛸 Remember, with MOON, you don’t just invest. You take the helm. You control your destiny.
Set your trajectory. Shoot for the MOON.
