Updated Tokenomics (April 2024)

In preparation for Minterest's public launch, tokenomics have been adjusted to better align with market requirements from Minterest's launch partners. The information below provides a complete update including direct comparisons to tokenomics in Whitepaper v1.4. In addition is the latest Minterest Tokenomics sheet.

Note: All balances and vesting schedules on the Minterest App will be updated accordingly prior to listing.

1. MINTY Unlock Schedules

The adjustments made are designed to be fair and equitable to all Minterest token holders. All cliffs and vestings will begin from Minterest's listing event (approx May end).

1. LBP participants

   1. LBP (Standard): 20% increase in allocation. 3 months Cliff is added followed by a 6 month linear vest. Use the LBP calculator to measure the bonus.

   2. LBP (Lock and Load): 20% increase in allocation. 6 months Cliff followed by the original 12 month linear vest. Use the LBP calculator to measure the bonus.

2. CAE participants can take a 20% bonus (Stack) under the following new vesting terms or receive a return of their original contribution and forfeit the MINTY tokens allocated (Skip) via the Stack or Skip campaign running through April 26.

   1. CAE (Standard): 20% increase in allocation. 3 months Cliff followed by a 6 month linear vest. Use the CAE calculator to measure the bonus.

   2. CAE (Lock and Load): 20% increase in allocation. 6 months Cliff followed by the original 12 month linear vest. Use the CAE calculator to measure the bonus.

3. Private Sale: Cliff is reduced from 11 months to 8 months followed by the original 12 month linear vest

4. Advisors: Cliff is reduced from 11 months to 8 months followed by the original 24 month linear vest

5. Marketing: Cliff is reduced from 11 months to 8 months followed by the original 12 month linear vest

6. Team: Cliff is unchanged at 11 months followed by the original 48 months linear vest

7. Ecosystem: Increase in allocation. 11 months Cliff is added followed by the original 36 months linear vest

8. Strategic Reserve: Increase in allocation. 11 months Cliff is added followed by an extended linear vest of 60 months from 36 months earlier

2. MINTY Staking and Emission Rewards

All MINTY emission and staking rewards earned will unlock utilising a cooldown engine for the first year MINTY is liquid. The cooldown engine begins from listing and provides predictable global unlocks of token rewards once every month at a set rate of 8.33% per unlock based on the available rewards balance in the user's account at that time.

For example, if a user has accrued 100 MINTY tokens in their rewards balance, 8.33 MINTY can be withdrawn during the first unlock at the end of the first month. If the user increases their rewards balance to 200 MINTY before the second unlock, then 16.66 MINTY is available for withdrawal at the end of the second month.

TOKENOMICS COMPARISON TABLE

	Previous Tokenomics	Updated Tokenomics	Previous Cliff	Updated Cliff	Previous Vest	Updated Vest
Rewards	12,534,520	12,534,520	Nil	Nil	6 Years	7 Years
Private	17,501,000	12,299,380	11-month	8-month	12-month	12-month
CAE/LBP	2,566,761	3,081,949	Standard: Nil L&L: 12-month	Standard: 3-month L&L: 6-month	Standard: Nil L&L: 12-month	Standard: 6-month L&L: 12-month
LaunchPad	Nil	888,889	Nil	TBD	Nil	TBD
Advisors	2,449,250	2,449,250	11-month	8-month	24-month	24-month
Marketing	1,000,000	1,000,000	11-month	8-month	12-month	12-month
Team	17,950,739	17,950,739	11-month	11-month	48-month	48-month
Liquidity Provision	2,000,000	200,000	Nil	Nil	Nil	Nil
Ecosystem	3,000,000	4,800,000	Nil	11-month	48-month	48-month
Strategic Reserve	6,900,000	10,697,543	Nil	11-month	36-month	60-month