Tokenomics
Mesh Finance aims to have a sustainable emission plan and proper emission management. The Tokenomics was designed to have a maximum cap of $MSH tokens, so scarcity is an important factor in controlling the supply and demand of $MSH tokens.
The supply of $MSH tokens is limited to 6,100,000. This means that no more tokens will be minted.
See the allocation table below for Mesh Finance:
Rewards
Based on esMSH emission - TBC
Treasury
Vested for 12 months
Liquidity
None
Team
Vested for 12 months with 1 month cliff
$MSH is the platform's utility and governance token, and holding it unlocks a variety of benefits. It is a regular ERC20 token that can be staked for rewards and earns ETH, esMSH and multiplier points when staked.
$esMSH is the platform's escrow token. It earns ETH, esMSH and multiplier points when staked.
$MLP is the platform's liquidity provider token, it can be minted using any of the tokens within the liquidity pool such as BAI, ETH, BTC and USDbC. The price of the token is determined by the value of all tokens in the pool, taking into account the profits and losses of all currently open positions. MLP earns ETH, esMSH and is automatically staked on mint.
Presale
Mesh Finance will have a private and public round, with an ambitious target as follows:
38 ETH Total Hard Cap
25 ETH from private sale
13 ETH from public sale
1,000,000 MSH to be sold
$MSH will instantly launch above the presale price, and this launch price is directly hardcoded in the presale contract to ensure potential profitability for presale participants.
Private Round
700,000 MSH to private seed
5 days cliff and 1 week vesting period, starts at the same time when token launches
Launch premium 30% below launch price
Public Round
300,000 MSH to public presale
7 day cliff and 10 day vesting period, starts at the same time when token launches
Launch premium 15% below launch price
Private
700000
0,000036
Public
300000
0,000043
Launch
500000
0,000050
Pricing and Launch Calculations
Assuming all 38 ETH is successfully raised
25 ETH and 500k MSG will be added to MSH/ETH LP = 0,000050 ETH Launch Price
Private Sale Price has a 30% premium = 0,000036 ETH Sale Price
Public Sale Price has a 15% premium = 0,000043 ETH Sale Price
Circulating supply at launch will be 1.5M MSG (1M + 500k)
FDV's will respectively be: 340K / 410K / 475K
All ETH raised will be distributed as follows:
65% of raised ETH goes directly into an immutable LP launch for MSH/ETH.
20% of raised ETH will be for team runway.
10% of raised ETH will go to the MLP.
5% of raised ETH will go to the treasury.
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