martian froggies token white paper
Martian Froggies: Revolutionizing Digital Assets on the ModulusZK Blockchain
This white paper presents the innovative tokenomics and technical aspects of Martian Froggies ($MFRS), a cutting-edge digital asset built on the ModulusZK blockchain. $MFRS aims to foster engagement and enable greater rewards for participants within the Martian Froggies ecosystem. This document provides an overview of $MFRS tokenomics, distribution, staking mechanisms in support of philanthropic initiatives. The objective is to create a sustainable and inclusive ecosystem that benefits token holders and contributes to the wider blockchain community.
1. Introduction
Martian Froggies ($MFRS) is a next-generation digital asset designed to leverage the advanced capabilities of the ModulusZK blockchain. This white paper outlines the core principles, tokenomics, and mechanisms that underpin $MFRS and its role in the Martian Froggies ecosystem.
2. Tokenomics
2.1 Token Symbol and Supply
The ticker symbol for Martian Froggies is $MFRS. The maximum supply of $MFRS tokens is set at 777,777,777,777.
2.2 Token Distribution
To ensure a fair and balanced distribution, 200 billion $MFRS tokens will be locked up on UniSwap for a period of 100 years, providing long-term stability to the ecosystem. Additionally, 11% of the total supply will be allocated to the development and team holding, while another 11% will be airdropped to the NFT holders.
3. Staking and Rewards
3.1 Transaction Tax
A 6 % tax will be applied to all buy and sell transactions of $MFRS. This tax mechanism ensures the sustainability and growth of the ecosystem.
3.2 Allocation of Transaction Tax
The 6% transaction tax will be divided as follows:
- 1% will be allocated to the staking wallet for the $RVLT fund. This fund serves as a sustainable financial base for future initiatives within the ecosystem, supporting research, development, and community-driven projects.
- 1% will be allocated to the wallet for the $xFUND fund.
- 2% will be distributed to the staking wallet of Martian Froggies NFT HODLers, encouraging increased participation and providing passive income to NFT holders.
- 2% will be sent to the Ethereum Burn Wallet.
4. ModulusZK Integration
Martian Froggies ($MFRS) will be built on the ModulusZK blockchain, leveraging its advanced zero-knowledge cryptography capabilities. This integration ensures enhanced privacy, security, and integrity for $MFRS transactions and interactions within the ecosystem.
5. Conclusion
Martian Froggies ($MFRS) is poised to revolutionize the digital asset landscape on the ModulusZK blockchain. With its innovative tokenomics, sustainable transaction tax mechanism, rewards to the its NFT Community, $RVLT and $wFUND. ,$MFRS aims to create a vibrant and inclusive ecosystem that rewards participants and drives positive change within the blockchain industry.
Note: This white paper does not represent an investment opportunity. We do not provide investment advice.
