After $MUNA IDO: Project Roadmap, Staking and More.

  • A total of 5,000,000 $MUNA in 5-years
  • 1,000,000 $MUNA every year
  • ~2,740 $MUNA everyday

Timeline

  • Publication of the project on Launchpad, the first campaign start:
    February 24 (Thursday)
  • Start of USDN deposit, the second campaign start:
    March 1 (Tuesday)
  • End of USDN deposit, MUNA-USDN pool launch:
    March 3 (Thursday)
  • IDO wrap-up, possibility to claim 10% of MUNA:
    from March 3 (Thursday)
  • Possibility to unstake SWOP:
    from March 17
  • Start of the remaining MUNA unlocking:
    ~ April 2 (estimated date, unlock will start at a certain blockchain height)
  • End of all MUNA unlocking:
    ~ July 1 (estimated date)

What is $MUNA?

Planned use cases for MUNA token:

  • Discounts in fiat deposit and withdrawal fees.
  • Launchpad: MUNA holders will be granted premium access to the Muna launchpad and tokenized market.
  • Voting and governance: MUNA holders will vote for the next project/coin to list on the Muna app.
  • Sponsored transaction fee: Muna users will be able to pay for network fees using the MUNA token.
  • Staking and saving reward: Users staking MUNA will earn additional rewards paid out directly to the account.
  • Access to earning centre: MUNA holders will access bounties and airdrops

$MUNA Distribution for Muna App Users

Planned $MUNA distribution:

  • $MUNA Staking: Muna app users will be able to stake $MUNA one (1) week after IDO. 40% of $MUNA token (~1096 $MUNA) released daily will be distributed to $MUNA stakers.
  • $MUNA Liquidity Providers: 30% of $MUNA token (~822 $MUNA) released daily will be distributed to users who are providing liquidity to MUNA/USDN pool.
  • USDN<>Fiat Agents: Users who work as agents for buy and sell for USDN with fiat currency are eligible to receive daily $MUNA rewards. 10% of the daily $MUNA distribution. ~274 $MUNA tokens will be distributed to USDN<>Fiat agent.
  • Vires Finance Liquidity Providers: Users who provide liquidity to crypto assets in Vires Finance are eligible to receive 10% (~274 $MUNA) of the daily $MUNA distribution.
  • Puzzle Swaps & Staking: Users who swap and stake their puzzle tokens on Puzzleswap via the Muna app is eligible to receive 5% (~137) of daily $MUNA rewards.
  • Swop Swaps & Staking: Users who swap and stake their $SWOP tokens via the Muna app is eligible to receive 5% (~137) of daily $MUNA rewards.

Muna Development Roadmap:

Revenue Streams

  • Fiat deposit and withdrawal processing fees: Muna will earn from fees users pay to deposit or withdraw fiat (like NGN) to their Muna account.
  • Trading fees: Users pay tiny fees when they trade fiat against stable coins on Muna.
  • Muna launchpad fees: We will charge fees (in percentage) to list projects on the Muna launchpad and some percentage of all accumulated fees is distributed to everyone staking their MUNA token.
  • Third-party project and product listing: Muna will charge fees to list external project tokens, add third-party integrations into the Muna app. Some percentage of accumulated fees are shared with MUNA token holders.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Muna

Muna

Muna is a simple and safe money app that helps you to transfer, stake and make global crypto payments. Available for Android on Google Play store.