Vesting Details
- Vesting Start Date: February 19, 2023
- Distribution: Monthly (collateralized in the MITHR Token Pool)
- Cliff Periods: The Token Mithrandir S.A.S. Finance Team reserves the right to withhold token releases for specific months if deemed necessary.
Tokenomics
- Total Token Supply: 420,000,000 MITHR (100%)
- Allocation to Token Mithrandir S.A. Departments: [To be determined]%
- Current Circulating Supply: 31,000,000 MITHR (7.38% of total supply)
- Treasury Reserve: 389,440,000 MITHR (92.79% of total supply) – Held in the Token Mithrandir treasury account as collateral for future exchange listings.
Token Distribution
- Tokens Reserved for Exchange Listings: 389,440,000 MITHR (92.72% of total supply).
- Tokens in MINSWAP Pool: 8,090,685 MITHR (1.93% of total supply)
- Tokens in SUNDAESWAP Pool: 1.730,900 MITHR ( 0.41% of total supply)
- Tokens Held by Token Mithrandir S.A.: 2,102,500 MITHR (0.5% of total supply)
- Tokens allocated to investors and traders: 18.635.915 MITHR (4.44% of total supply)
This structured approach ensures transparency, liquidity, and long-term sustainability within the Token Mithrandir ecosystem. Not everyone who holds Token Mithrandir (MITHR) does so to exchange it for ADA, as it is a token that already has utility among merchants in Latin America.
