Today, we are thrilled to unveil an insightful article detailing the integration of Meson Network (MSN) onto our platform! This integration marks a significant milestone as Bitrue now supports seamless deposit and withdrawal for MSN tokens on our platform. Stay connected with Bitrue's Official Twitter and Telegram channels for the latest updates!
Meson.Network introduces MSN as its incentive and governance token, serving four primary functions within its ecosystem:
Rewarding Miners: MSN tokens are distributed to network terminals (miners) as rewards for providing server resources.
Staking by Miners: Currently, there are no benefits for staking MSN tokens, as the functions of transfer for Meson Test Tokens on Ethereum are locked. However, miners can stake MSN for potential future benefits.
Payment by Users: Users pay in MSN to access additional bandwidth services provided by Meson Network.
Protocol Governance: MSN holders have the privilege to vote on the development or modification of protocol parameters.
Initial Token Launch
Total Initial Token Supply: 100 million tokens
Initial Supported Chains:
Ethereum Mainnet
Arbitrum
Miners can choose either Ethereum Mainnet or Arbitrum for token claiming.
Initial airdrops (if any) will be distributed on the selected chain.
Tokens from investors and public sale are distributed on Ethereum Mainnet.
Note: Meson may expand to additional chains in the future, maintaining a constant token supply across different chains.
Token Distribution
Private Token Sale: 26,000,000 MSN (26%)
Public Token Sale: 5,000,000 MSN (5%)
Ecosystem: 27,000,000 MSN (27%)
Foundation Reservation: 20,000,000 MSN (20%)
Technical Team: 15,000,000 MSN (15%)
Partners: 6,000,000 MSN (6%)
Test-Net Mapping: 1,000,000 MSN (1%)
Token Functions
MSN tokens enable users to access bandwidth and big-data services previously exclusive to major corporations.
Bandwidth service accelerates internet content delivery, while big-data service becomes pivotal across diverse industries.
MSN tokens are rewarded to miners contributing server resources.
Staked MSN by miners enhance efficiency in mining operations.
MSN tokens are utilized for governance processes, including voting and decision-making on protocol proposals.
Total Token Inflation
All token inflation arises from mining rewards.
First-year mining inflation rate: 5%, decreasing by 0.5% annually.
Token Circulation
Miners receive MSN rewards for providing server resources to Meson.Network.
Full mining speed is achieved by stacking MSN accordingly.
Clients pay MSN to Meson.Network for utilizing its services.
MSN can be exchanged at centralized (CEX) or decentralized (DEX) exchanges.