🪙Tokenomics

Token: $MID

Network: Avalanche

Our initial liquidity will be 20 000 MID tokens paired with 20 000$ worth of AVAX for an opening starting price of $1.

The total supply will be 1,000,000 $MID that will be held by the rewards pool.

Node Creation

The cost to create (1) Pyramid Node will be (30) $MID who will be distributed as as follows:

  • 55% to Rewards Pool

  • 40% for liquidity (20% sold for AVAX paired with the others 20% MID tokens to add liquidity)

  • 5% to Development / Marketing

Once we will have a liquid token the pourcentage for liquidity will be decreased in favor of the Reward Pool in order to reduce even more the sell pressure and fuel the price increase of MID

Node rewards

(1) Pyramid Node produce 3 MID tokens per day for the first week (10% daily ROI)

From the beginning of the second week (1) Pyramid Node will produce 1.8 MID tokens per day (6% daily ROI)

Additionnal note

A claim tax of 20% will be instored for the first week in order to protect the price of MID

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