Tokenomics
GMFI Tokenomics
$GMFI Distribution
Total supply with no future inflation: 1,000,000,000
Team
8%
80,000,000
Ecosystem
55%
550,000,000
Operating Expenses
10%
100,000,000
Partnership
10%
100,000,000
Liquidity
10%
100,000,000
Magfi DAO
7%
70,000,000
Total
100%
1,000,000,000
Ecosystem
Golden Magfi places the community at the heart of its vision, dedicating a substantial portion of token distribution to Ecosystem Allocation. This not only underscores our commitment to rewarding active participation but also powers community-driven initiatives, developmental projects, partnerships, and outreach programs. Furthermore, a segment of this allocation is reserved for Community Rewards, designed to recognize and remunerate members for their collaborative contributions. Through this holistic approach, Golden Magfi fosters a dynamic, community-centric platform, emphasizing shared ownership and a united vision for the future of DeFi.
Vesting Schedule
Team
0%
24
30%, and 10% quarterly
Ecosystem
20%
0
3.33% for 24 months
Expenses
10%
0
2.5% for 36 months
Strategic Partnership
0%
12
4.17% for 24 months
Liquidity
15%
0
7.08% for 12 months
MagfiDAO
0%
12
2.78% for 36 months
Token Burn
Golden Magfi understands the value of ensuring the GMFI token retains its worth. Our token burn mechanism aims to maintain the scarcity and value of GMFI, using the following methods:
Quarterly Burn
A percentage of GMFI tokens will be set aside every quarter, and these tokens will be permanently destroyed, reducing the total supply and, by extension, countering inflationary pressures.
Buyback & Burn
Golden Magfi will allocate a proportion of its revenue to purchase GMFI tokens from the open market. These tokens will then be burned, further reducing the circulating supply. This approach not only showcases our commitment to the token's long-term value but also aids in establishing a robust economic cycle.
Deflationary Target
In our pursuit of stability and token value appreciation, Golden Magfi aims to eventually burn a significant portion of the total GMFI supply, ensuring a balanced and healthy token economy.
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