MicroChains Gov (MCG)
3.0

MicroChains Gov (MCG)

MCG: Hit or Miss + Rocket

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Home » MicroChains Gov (MCG)

Pros
  • Well balanced holder percentage
  • Development plan for future
Cons
  • Under 500 holders

MicroChains Gov Token (MCG) in a nutshell

MicroChains Gov Token (MCG) focuses on emerging chains and is a friendly bridge with the goal of delivering cross-chain solutions with better experience and security.

Tokenomics for MicroChains Gov Token (MCG)

Seed Round: 8% for team building, R&D, auditing, office, future operations and other expenses. Unlocked over 18 months. 9.9% unlocked in the first month and linear vesting for the rest in 17 months.

Validator Incentives: 3.5%. Reserve unlocked 4 months after TGE and releasing incentives after the KYC validator program launch.

Public: 1%. 50%TGE, 50% 2nd month.

Liquidity: 1 % for liquidity addition in DEX after issuance of the token. Fully liquid after the launch of cross-chain incentive (TBD).

Marketing: 7 % for marketing and publicity. Unlocked in 12 months, 28% unlocked in the first month, 8% unlocked per month in the next 7 months, and the rest unlocked over the last 4 months, 4% in each month.

Cross-chain Mining: 25 %. Unlocked linearly over 25 months, 16% in the first month; halved in the 2nd to 4th months, 8% in each month; second halving in the 5th to 13th months, 4% in each month; and third halving in the 14th to 25th months, 2% in each month. The incentive may not be used up every month, and it may accumulate. Is affected if there is an incentive scenario. The actual situation of usage will be regularly public community.

Liquidity Mining: 25%. Is linearly unlocked over 25 months, and 4 % unlocked every month. The incentive may not be used up every month, and it may accumulate. Is affected if there is an incentive scenario. The actual usage situation will be regularly public in community.

Staking: 5%. Encouraging users to stake MCG and get incentives. The unlock plan is the same plan as Cross-chain Mining.

LP Rewards: 1.5%. Incentives for LPs of DEX. The unlock plan is the same plan as Cross-chain Mining.

Airdrops: 1%. Airdrops for early adopters “Microers”. Fully liquid first month (TBD). Rules are to be determined later.

Liquidity Management: 2%. Liquidity management on centralized exchanges. Fully liquid 1st month.

Treasury: 10% reservation for ecological construction and project development in the future needs. It is unlocked 12% in the first month and the rest is equally vested over 11 months.

Team & Advisors: 10%. 6-month cliff starting from 1st month, vesting 8% 7th month, followed by 19-month equal monthly vesting.

MicroChain has reputable partners. Source: Microchains.network website.

Review of MicroChains Gov Token (MCG) token

MicroChains Gov Token is under review and we are thoroughly looking into the token to find everything there is to know about it. Coming Soon.

MicroChains Gov (MCG) Details

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*Reviews, articles and content on AltCoinReviews.org website are NOT financial advices!
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Trust & Fairness
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Exchanges & Swaps
4.0
Tokenomics
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Community
3.0 Overall Rating