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MP Genesis Allocation

MP token supply is capped at 500,000,000 and allocated in the following distribution.

MP token distribution

72.8% Money Protocol Community-focused allocations​

  • 167,705,382 or 33.54% is allocated to the algorithmically issued MP rewards pool. This allocation of MP tokens is earned by depositors of the Stability Pool and Money Protocol programmatically distributed MP to front-end operators.
  • 143,287,723 or 28.66% is allocated to Liquidity Providers. 2,500,000 MP tokens will be allocated from this batch as rewards to the first BPD:USDT0 Intrinsic Pool. Money Protocol will establish a staking incentive program allowing BPD:USDT0 LP token holders to earn MP. The remaining tokens are allocated towards future Liquidity Provider reward programs.
  • 53,006,895 or 10.6% is allocated to the Community Reserve used for future LP reward programs (e.g. BPD/BTC, BPD/otherStablecoins in Intrinsic Liquidity Pools) bug bounty rewards, hackathons, and other community-first initiatives to boost growth for Money Protocol. This allocation is under a 1-year lock-up period.

16.8% for Team and Advisors​

  • 84,000,000 is allocated to current and future team members and advisers involved in Money Protocol’s development, launch, and management.
  • All MP tokens are subject to a 1-year lockup period in this category. After the first year of engagement, ¼ of the tokens become vested, with 1/36 vesting each subsequent month.

8.3% for Investors​

  • 41,500,000 have been allocated to Money Protocol’s investors, who were instrumental in providing guidance and support up to its launch.

1.10% to Service Providers​

  • 5,500,000 MP are allocated to service providers that were instrumental in helping Money Protocol up to its launch.
  • These tokens are under a 1-year lockup.

1% Giveback​

  • Money Protocol is only possible with those that it has benefited from and has come before it. An allocation of 5,000,000 MP will be distributed to IOV Labs, Money On Chain, and Liquity. The % distribution of this allocation to said entities is to be determined. We will post an update here when the % distribution is finalized.

On-chain allocation wallets​

Every allocation above is held on Rootstock mainnet. Click any address to open it on Rootstock Blockscout.

AllocationMPOn-chain wallet(s)
Rewards Pool167,705,3820x7252cF1c0A8386e77f80E13B991733Ad07A8Ebc8 — CommunityIssuance
Liquidity Providers143,287,7230x0eC7c7D382D2c9DE84fFAB5EFdE95c4630590b01 — 140,783,723
0x93971A55a81E74b63BDCDFc1BEf6e7954D91f4dE — IntrinsicStaker, 2,500,000
0x1FFcA1F1B0e1684446170245f7E975916C389DE9 — beacon pool, 4,000
Team, Community Reserve, Service Providers & Giveback147,506,8950xC64fEc538D2eFeE2687929e2026586C0f3C000b2
MP token contract—0xB41e9fc16D23c554C390636e43D5Eaa69f99fF43 — ERC-20, 18 decimals

The MP token contract and the full set of Money Protocol smart contracts are listed on the Deployed Contracts page.

Distribution Schedule of Rewards Pool​

MP’s Rewards Pool allocation for Stability Providers and Frontends adheres to an annual halving schedule, represented by the subsequent formula: 167,705,382 * (1-0.5^year). This issuance curve is designed to provide favorable incentives while ensuring ongoing incentives for the long term. The rewards pool is capped at 167,705,382 MP.

MP supply issuance schedule

Last updated on