Token ecosystem
Last updated
Last updated
The circulation and value appreciation of MCT are the top priorities for the Magic Club team.
MCT is initially circulated within the ecosystem through an inflationary pool to activate the ecosystem. As various services normalize, it transitions into a circulating structure. Fees associated with MCT, such as deposits, withdrawals, and payments, form a core business model for the Magic Club Foundation, and the team is developing various business models in this regard.
Furthermore, the process for ensuring price stability of MCT through supply restriction policies such as staking and the operation of permanent freezing wallets will be updated.
Once the DAO is fully operational, decisions regarding fee rates and burning will be determined through the DAO's consensus.