5.3.1. Conditional Decentralized Minting and Deflation

Metarun has the potential to grow on a large scale. This could potentially create a need to mint additional tokens for sustaining the ecosystem. The minting mechanism will be decentralized by using smart contracts and constructed to reduce the impact on the token price to a minimum, exclude the risk of exploits and hacks, and add an adequate number of tokens to circulation. The total supply of $MRUN tokens is capped to 1 billion i,e, there will be no minting if the supply reaches the max supply of 1 billion $MRUN tokens.
The minting will work in the following way:
The ecosystem development fund emits tokens into the system through pool rewards only. 
If the fund dips below 25%, it is replenished by additional minting. 
It replenishes the Ecosystem fund in 5% increments per hour until it reaches 70%. 
The platform will circulate tokens back into the ecosystem development fund, which can be later used as follows;
a. Burned 
b. Spend on Project development 
c. Distribute as rewards 
d. Sent to Treasury funds.

This system is subject to change as the project evolves.
Last modified 1yr ago