MOON Tokenomic Optimization Roadmap

English Discussion
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MoonSwap has been live for more than a year and a half, and more than 200,000 users have completed more than 3 million transactions on MoonSwap, saving more than $50 million in gas fees. MoonSwap comes from the community and has been committed to promoting the process of community governance. With the full cooperation of the MoonSwap community, the work we have completed includes:

:new_moon: Open MoonSwap Community Forum;

:waxing_crescent_moon: Complete the MoonSwap community governance voting mechanism;

:waning_crescent_moon: Form MoonSwap Community Committee;

:waning_crescent_moon: Form MoonSwap Technical Committee;

:waning_crescent_moon: Established Moon Eco DAO;

:waxing_gibbous_moon: Launched MoonSwap NFT trading market;

:waxing_gibbous_moon: Launched MoonGaming Section;

:waxing_gibbous_moon: Launch the Kepler Protocol and conduct joint mining activities;

:waxing_gibbous_moon: Launched MoonCake 2.0 and started NFT mining Planet;

:waning_gibbous_moon: MoonSwao APP update, support multi-chain DAPP;

:waning_gibbous_moon: Promote Global Community Governance;

:waning_gibbous_moon: 20 token burns have been carried out, totaling 1,500,200 $MOON

:full_moon: In the next two and a half years, 60 million MOONs will be destroyed one after another.

Etc.

At this point, MoonSwap will also fulfill its original promise to the community, as a decentralized trading protocol, fully turn to community governance, and MoonSwap will also continue to play a role in the MoonSwap ecosystem as a community governance certificate. We will also fully optimize Moon tokenomic, including more deflation, the upgrade of Moon ECO DAO, and the re-empowerment of Genesis NFT and Consensus NFT, which we believe will enable Moon to better serve MoonSwap Community Governance .

More Deflation

We will complete the deflation of MOON in the following ways.

  1. The total supply of MOON is 100,000,000, and 40,357,539 have been issued so far. When the Ethereum block reaches 14,500,000, the newly produced MOON will all enter the Ethereum death address (0x000000000000000000000000000000000000dead), and the circulation of MOON will no longer increase;

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  1. MoonCake will stop producing MOON;

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  1. Conflux Galaxy and NFT Mining Planet will stop producing MOON, and Genesis NFT and Consensus NFT will also be re-enabled;

  2. The balance of MoonCake and NFT Mining Planet will be completely burned;

  3. The MoonSwap NFT trading market charges a 3% transaction fee, which will all enter the burning hot wallet;

  4. MoonSwap charges a transaction fee of 0.3%, of which 0.25% will be allocated to users who provide liquidity for MoonSwap, and 0.05% will be fully exchanged for Moon and enter the burning hot wallet;

  5. Whenever the amount of MOON in the hot wallet reaches 10,000, we will burn it once;

  6. 20% of the MOON produced by the MoonSwap team will be burned, 40% will enter the DAO, and the remaining 40% will be locked for 3 years.The total destruction of the future that is not distributed in circulation.

9.All existing unallocated mining pools will be destroyed

MOON ECO DAO Upgrade

We will upgrade the Moon ECO DAO, among the Moons that the MoonSwap team has obtained:

20% will be burned;

40% will enter the DAO, of which 20% will be used for global governance community and community development support, and 20% will be used for ecological support construction;

40% locked for 3 years

The MoonSwap team will give up some of the tokens allocated in the original tokenomic and work with the community to contribute to deflation.

Genesis & Consensus Empower

Genesis NFT and Consensus NFT will be re-enabled, including:

  1. Holders of Genesis NFT, Believer NFT and Dreamer NFT can obtain ecological airdrops;

  2. Users can exchange Genesis NFT, Believer NFT, Dreamer NFT, Aspirant NFT, Resonator
    NFT, and Idealist NFT for XGenesis; XGenesis is not tradable, and users who hold XGenesis can vote for MoonSwap Community Governance.

More exchange details will be announced later.

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MOON Tokenomic Optimization Roadmap

:full_moon: March 22: MoonCake 2.0 will be discontinued, the consensus cycle will be cancelled, and the MOON that originally entered MoonCake will directly enter the Burn Hot Wallet.

:full_moon: March 24: The upgrade of MOON ECO DAO will be launched, 20% of the MoonSwap team’s holdings of MOON will be burned, 40% will be locked, and 40% will be injected into the MOON ECO DAO;

:full_moon: March 25: The NFT mining planet will be suspended, and the XGenesis exchange plan will be announced;

:full_moon: March 30: The XGenesis exchange page will be launched, and the voting rights of XGenesis will take effect in the MoonSwap Community Governance System;

:full_moon: April 1: When the block reaches 14,500,000, the circulation is not increasing. The latest output of Moon goes directly to the death address, and the Conflux galaxy stops mining.

We will conduct a community vote on MoonSwap Tokennomic Optimization proposals. After the program is implemented, 2 million MOONs will be burned immediately, and in the next 2 and a half years, 60 million MOONs will be burned one after another.

When the total number of votes participating in the voting exceeds 3000MOONPOWAH, and the final “YES” vote exceeds “NO”, the proposal will be passed.

Vote Time: UTC March 17 2:00AM ~ UTC March 21 2:00 AM

Voting link:

https://stampers.app/#/moonswap/proposal/QmTBoGgvayPDWFjzRBuEr3MPijRX4G5jziNEzXeSr91xtH