Introducing $MARSH Tokenomics and Distribution
At Unmarshal, we pride ourselves on transparency and dedication to our community. Our tokenomics have been meticulously crafted to ensure sustainability, long-term growth, and resilience even in challenging market conditions. Below, we present a comprehensive breakdown of $MARSH token allocation and distribution strategies.
Tokens Remaining in Vesting Contract
Despite the original vesting schedule reaching its completion, our team made a strategic decision to retain a portion of tokens within the vesting contract. This action aimed to safeguard against excessive token dilution during market downturns, demonstrating our commitment to preserving the value of $MARSH tokens.
Although the vesting schedule initially dictated full token release, on November 21st, 2021, we opted to extend the team’s vesting period, underscoring our unwavering dedication to the project’s long-term success. Consequently, 10 million $MARSH tokens will remain locked for an additional two years, until June 2026.
Decentralized of $MARSH Network Development
In pursuit of our vision for a robust decentralized network, we have earmarked 20 million $MARSH tokens over the next two years. These tokens will be dedicated exclusively to the Unmarshal decentralized network, with withdrawal contingent upon the network’s successful launch.
Additionally, we have allocated 5 million $MARSH tokens to serve as reserves, ensuring operational stability and flexibility in addressing unforeseen circumstances
Allocation Breakdown
Utilization of Vested Tokens
We plan to use vested tokens to bolster market liquidity for $MARSH across both existing and future exchanges. Additionally, we’re establishing an ecosystem grant fund to support initiatives that enhance the Unmarshal ecosystem’s growth. Our ongoing efforts to extend $MARSH utilities include service expansion and implementing a burn mechanism as part of our revenue operations. We are committed to reinforcing $MARSH’s position as a pivotal asset within the Unmarshal ecosystem.
In essence, our token economic model is a reflection of our unwavering commitment to sustainability, community involvement, and achieving our long-term vision. Through careful allocation and strategic planning, we aim to cultivate a vibrant ecosystem centred around $MARSH tokens. We invite you to join us in this journey of decentralized innovation and empowerment.
In summary, our tokenomics framework reflects our steadfast commitment to sustainability, community engagement, and the realization of our ambitious goals. Through prudent allocation and strategic decision-making, we endeavour to foster a thriving ecosystem built on the foundation of $MARSH tokens. Join us on this exciting journey towards decentralized innovation and empowerment.
For further details on team vesting extension and more about Unmarshal’s initiatives, refer to the original article and additional resources.
Link to original article for further details.
Additional information on team vesting extension.
About Unmarshal:
Unmarshal is a leading Multi-chain Web 3.0 data network, delivering granular, reliable, and real-time data to dApps, DeFi protocols, NFTs, Metaverse, and GameFi solutions. Our platform provides easy access to Blockchain data from Ethereum, Polygon, BNB Chain, Avalanche, Fantom, Celo, Solana, Klaytn, Moonbeam, Kadena, Arbitrum, Optimism Network, Metis, and XDC Network. With our network of data indexers and transformation tools, Unmarshal empowers Web 3.0 applications on any chain, providing a comprehensive view of transformed data.
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