Token Allocation
Last updated
Last updated
$MYNT will reach full circulation over a period of 10 years. There is no initial coin offering, so the team will never raise funds through the sale of the token.
Claimable by holders of the Cyber Vikings and CT793 NFTs. There will be multiple claiming periods until all tokens have been introduced into circulation.
Airdrop multipliers are given to holders of higher-rarity NFTs. The multipliers are tied to each NFT and are stackable.
Cyber Viking Special: 2x
Bronze: 1.5x
Silver: 2x
Gold: 3x
Cardano: 6x
Sunstone: 10x
Bifröst: 20x
One of the benefits of issuing $MYNT is the flexibility it gives us to incentivize activity and value-creation within the community. There will be several ways to earn $MYNT through Viking Squad community participation and contribution.
Viking Raids
Discord activity
Successful proposals
Other events
Community members can also earn permanent boosts to their $MYNT rewards based on their status as a collector and/or contributions to the community through role boosts. Exact reward boosts multipliers will be revealed after the initial trial period.
Examples of roles that will receive reward boosts:
Ransacker
Hunter (Artifact)
CT793
Æsir
Bifröst
Distributed to the Team, including Ransackers, with a locking period of 6 months and an additional 1 year distribution period.
Used for the development of the Viking Squad, community initiatives, and other miscellaneous development projects.
The Team will reserve tokens to be used for certain partnerships and marketing campaigns. An example of this would be a token partnership with a quality NFT project (voted on and approved by the community).
Cyber Vikings and CT793 tokens will yield $MYNT staking rewards through an official staking partner announced shortly.
Delegators to the upcoming Viking Squad stake pool will also receive $MYNT rewards in addition to the standard ADA rewards.
Decisions on DEX farming and liquidity pools are TBD, pending further legal counsel and community voting. For now, we are working under the assumption that we will find a way to provide DEX farming and pool liquidity.