DMC Token Economy Model
Last updated
Last updated
The DMEX platform token is the Decentralized Mining Coin (DMC). The total issuance is 100 million. 50% of DMC will be generated through mining, among which Proof of Work mining accounts for 30%, liquidity mining accounts for 60%, Proof of Stake mining accounts for 10%. The average block time is 3 seconds. The block reward is 5DMC/block. The block reward will be halved every six months. DMC holders are entitled to in-depth participation in the governance and future development of the DMEX platform. DMC holders are also entitled to share the revenue generated from DMEX’s development.
1. 50% Mining (50 million)
Users can participate in Proof of Work mining, liquidity mining, and Proof of Stake mining to obtain DMC.
2. 20% Private Placement (20 million)
Reserved for early contributors and angel investors. 20% will be released when the DMEX platform comes online. The remaining 80% will be equally released every season, i.e. 20% release every 3 months.
3. 10% DAO Risk Management Fund (10 million)
Reserved for the risk-sharing fund managed by the community DAO for the prevention of extreme events.
4. 10% DMEX Foundation (10 million)
Reserved as community incentives to provide support for community activities.
5. 10% DMEX Project Team (10 million)
Reserved for DMEX development and operation teams to facilitate the sustainable development of the project. The locking period is 36 months with a monthly release mechanism.
