The Brief Introduction to the Token Economy of MatrixETF

MatrixETF
2 min readJun 3, 2021

With the continuous iteration and upgrading of MatrixETF e-products, MatrixETF demands a certain valuable carriers as the link between users and products, keep promoting the development of MatrixETF ecology, as well as promoting the organic integration of MatrixETF and the Internet space,which is also the origin of MDF (Matrix Dao Finance).

MDF

MDF is the governance token of MatrixETF. MDF holders can participate in community governance and make decisions of what kind of ETF products MatrixETF creates, as well as investment strategies and asset categories of ETFs, etc.

MDF is a token deployed on Ethereum and Solana blockchain network, and its maximum supply limit is 1,000,000,000 tokens.

Utility

MDF is the governance token of MatrixETF community, including the following usage scenarios and utilities:

  • Participate in the governance of MatrixETF (DAO community governance)
  • Buy ETF products/ETFs
  • Improve values by getting profits from different ETF portfolios
  • Participate in liquidity mining to gain returns
  • Staking mining
  • Ecological value-added
  • Buy-back and destruction
  • Discounts in handling fees and other fees

Allocation

MDF allocation includes the following parts:

Distribution

IDO (0.5%): initial issue in IDO.

Private Sale (6.25%): Unlock 10% before listing, and the remaining will be unlocked once a quarter, which will be completed within 1 year.

Private+ Sale (2%): Unlock 15% before listing, and the remaining will be unlocked once a quarter, which will be completed within 9 months.

Team (15%): 20% will be unlocked after 6 months of listing, and the remaining 80% will be unlocked linearly over the next 24 months.

Consultant (3%): 20% will be unlocked after 6 months of listing, and the remaining 80% will be unlocked linearly over the next 24 months.

Liquidity pool (1%): to create DEX liquidity pool.

Community ecology and operation (27.25%): including air-drop, community promotion, various activities or proposal awards, 6% of which are unlocked immediately after the listing, and 94% will be unlocked linearly in 4 years.

Matrix Vault (45%): the attribution and application scenarios will be voted by Matrix DAO community, and unlocked within 4 years, including staking and liquidity mining rewards, ETF incentives, community activities, etc.

Links

We hope you can join us and co-create this community! 🚀🚀🚀

Website:https://www.matrixetf.finance/

Twitter:https://twitter.com/MatrixETF

Medium:https://medium.com/@MatrixETF

Telegram: https://t.me/MatrixETF

Github :https://github.com/MatrixETF

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