Tokenomics
Midas Cronos Finance Tokenomics
The information below is an overview of the Midas Cronos Finance tokenomics:
Token name: Midas Cronos
Token symbol: $XXXX (TBA)
Initial token supply: 325 000
Public token allocation: 93 %
Team and Partnership allocation: 7%
Trading Fee Allocations
Trading fees on our token go towards supporting our ecosystem and future advancements, as well as providing automatic liquidity to prevent price volatility and keep the price floor rising.
Buy Fees
The following fees are applied when another token is swapped in exchange for $XXXX Tokens
Buy Trading Fees:
Liquidity Pool - 4,0%
Midas Gold Insurance (MGI) – 5,0%
Treasury - 6,5%
The Golden Ditch – 1,0%
Sell Fees
The following fees are applied when XXXX token is swapped in exchange for any other token:
Sell Trading Fees:
Liquidity Pool - 4,0%
Midas Gold Insurance (MGI) – 5,0%
Treasury - 9,0%
The Golden Ditch – 1,0%
Why are there trading fees?
Our developing ecosystem is supported by the current trading costs in place. The fees you pay will essentially be reinvested in the ecosystem in the form of rewards, buy-backs, project development, and so much more!
As MCF progresses, we will continue to examine our trading fees in order to make entry and exit more appealing to all investors.
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