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.

  1. CAE & LBP participants

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

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

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

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

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

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

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

  7. 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For example, if a user has accrued 100 MINTY tokens in their rewards balance, 8.33 MINTY can be withdrawn during the first unlock at the end of the first month.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 TokenomicsUpdated TokenomicsPrevious CliffUpdated CliffPrevious VestUpdated 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

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