MultiSat Tokenomics
$MSAT is the native token of the MultiSat platform with a total supply of 1,000,000,000 tokens and an initial total market capitalization of $500,000. 100% of the tokens will be distributed to the community through fair airdrops and trading mining, with no reserves and no investors, marking a significant fair distribution practice.
100% Fair Launch | All MSAT tokens will be 100% distributed to the BTC and multi-chain inscription communities
100% Fair Rewards | All revenues generated on the MultiSat platform will be 100% fairly rewarded to MSAT holders and builders
Genesis Inscription Airdrop: 250 million
25% of the total supply will be airdropped to users participating in the MultiSat Genesis Inscription Airdrop event.
250 million $MSAT based on the proportion of the Inscription Fee will be airdropped to users. The Genesis Inscription Airdrop event comprises 3 rounds, each lasting 24 hours.
In the Genesis Inscription Airdrop event, users are required to spend an inscription fee of 0.0005 ETH, 0.005 ETH, or 0.05 ETH.
If users interact directly with the contract and pay an amount different from the aforementioned inscription fees, the calculation of the airdrop quantity will round down the inscription fee paid by the user to the nearest tier.
In each round, tokens are distributed based on the inscription fee contributions of all users in this phase. A hard cap is set for the inscription fee. Any amount exceeding the hard cap will be proportionally refunded to the user at 26 Jan, 20:00 (UTC+8).
Round 1: On the first day following the airdrop launch, the inscription fee cap for this round is set at 21 ETH, with a total reward pool of 100 million $MSAT.
Round 2: On the second day following the airdrop launch, the inscription fee cap for this round is set at 21 ETH, with a total reward pool of 100 million $MSAT.
Round 3: On the third day following the airdrop launch, the inscription fee cap for this round is set at 10.5 ETH, with a total reward pool of 50 million $MSAT.
Genesis Trade Airdrop: 250 million
25% of the total supply will be airdropped to users participating in the MultiSat Genesis Trade Airdrop event.
During the Genesis Trading Airdrop event, users who trade inscriptions on MultiSat will receive 250 million $MSAT Genesis Trading Airdrop rewards.
The Genesis Trading Airdrop event will be held in 3 rounds, each lasting 24 hours. The amount of airdrop tokens a user can receive in each round depends on their trading volume for that round.
In each round, the trading volume is capped. If the overall trading volume exceeds the cap for that round, any surplus trading volume will neither contribute to the airdrop allocation nor be eligible for a refund.
Additionally, in order to protect more participants and be fairer, the reward limit for a single transaction is adjusted to 5 ETH(Round 1) , and 1 ETH (Round 2 and 3); amounts surpassing this limit will not be considered as valid trading volume for earning $MSAT.
Round 1: On the fourth day following the airdrop launch, the trading volume cap for this round is set at 2800 ETH, with a total reward pool of 100 million $MSAT.
Round 2: On the fifth day following the airdrop launch, the trading volume cap for this round is set at 4200 ETH, with a total reward pool of 100 million $MSAT.
Round 3: On the sixth day following the airdrop launch, the trading volume cap for this round is set at 4200 ETH, with a total reward pool of 50 million $MSAT.
NFT Ecosystem Airdrop: 250 million
20% of the total supply will be airdropped to users participating in the AlienVerse Genesis Planet Pass staking.
Users who stake their AGP tokens into the airdrop pool will receive 200 million $MSAT staking rewards. Those who stake earlier will receive more $MSAT staking rewards.
The remaining 5% of the total supply, which is 50 million $MSAT, will be airdropped to users trading on the AlienSwap NFT marketplace.
Multi-chain Trading Mining: 150 million
15% of the total supply, which is 150 million $MSAT, will be continuously airdropped to users participating in the MultiSat cross-chain trading mining activity.
BTC Ecosystem Airdrop: 100 million
10% of the total supply, which is 100 million $MSAT, will be airdropped to BTC ecosystem users when MultiSat expands to the BTC ecosystem.
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