MAI Token
MAI tokens are the governance credentials of the MAI ecology. The use of all MAI ecological functions in the future requires the holding of MAI tokens, such as the purchase of VIPs, the purchase of bots, the transaction fees of AIEX, etc. MAI tokens can be cashed in for USDT on the platform before CEX is launched, and can be withdrawn and traded freely after CEX is launched.
Token name: MAI Token Network: Ethereum Total number of tokens: 21 billion Token allocation: Medallion PASS holders airdrop 10 billion(10,000, 30,000 and 60,000 airdrops each for V1, V2 and V3), AI2Earn mined 16 billion, investment agencies 2 billion, the AIF Foundation 1.5 billion and marketing 0.5 billion. Slippage mechanism: 5% slippage for MAI swap USDT, 1% slippage for MAI withdrawals to wallet.
Release mechanism: 1、AI2Earn mining mined MAI tokens without locking positions. 2. Medallion PASS airdrop: Genesis Medallion PASS holders are released linearly by 30 days from the date the MAI tokens go live, and ordinary Medallion PASS holders are released linearly by (365-N) days from the date the MAI tokens go live (N is the number of days from the PASS gift time to the date the MAI tokens go live, i.e. the earlier the VIP is purchased the faster the MAI is released). 3. Both the investment institution and the AIF Foundation will release the tokens linearly in 500 days after 100 days of launch. Destruction mechanism: 1, All slippage and fees are used to repurchase and destroy MAI tokens. 2. All MAI tokens purchased from the builder VIP are destroyed. 3. If there are still remaining MAI in the airdrop and AI2Earn section when the MAI tokens go live, all remaining MAI will be destroyed.
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