# Tokenomics ### **MetaDAO Governance & Sale** MnM is launching through **MetaDAO**, a Solana-based framework for building fully community-owned DeFi protocols. MetaDAO provides a legal and technical infrastructure where all protocol revenues must flow on-chain to a **Protocol Treasury**, ensuring that token holders — not founders — retain both economic and governance ownership. This structure gives MnM a transparent and verifiable ownership model from day one: * **All protocol fees flow to the Protocol Treasury** — with no off-chain custody or team-controlled wallets. * **MetaDAO Governance:** Decision-making power is exerted through MetaDAO’s **futarchic model**, where prediction markets and outcome-based voting guide how funds are allocated — balancing collective intelligence with transparent accountability. * **Legal clarity:** Token holders maintain enforceable rights over the Protocol Treasury’s assets and decisions, while MetaDAO’s framework enforces on-chain execution and immutability. Launching via MetaDAO means MnM is built as a **publicly owned protocol**, not a private company with a token. It aligns perfectly with our mission: to make decentralized leveraged liquidity infrastructure accessible, transparent, and governed by measurable outcomes rather than subjective opinions. *** ### **Use of Funds & Governance** Under the MetaDAO framework, **MnM’s Protocol Treasury** operates with full transparency and outcome-driven oversight. The treasury does not release all funds at once. Instead, it provides the core team and contributors with a **monthly allowance** — an amount determined and adjusted through MetaDAO’s futarchic governance process. This allows the community to continuously optimize capital deployment based on performance signals and collective forecasting. **Key advantages:** * **Transparency:** Every disbursement is recorded on-chain and publicly verifiable, including purpose and recipient. * **Accountability:** Budget proposals and funding decisions are evaluated through futarchic markets, rewarding accurate forecasting and aligning incentives toward long-term protocol health. * **Flexibility:** As MnM evolves, governance outcomes can dynamically reallocate resources — increasing support during strategic expansions or reducing funding once the protocol achieves operational self-sufficiency. MNM token holders collectively steer the **Protocol Treasury** through MetaDAO’s governance engine. Proposals and forecasts determine allocations for development, audits, partnerships, and ecosystem growth — or direct revenue toward buybacks, staking rewards, or safety reserves — with every decision optimized for measurable impact. *** ### **Public Sale (MetaDAO ICO)** MnM will follow MetaDAO’s **blueprint sale model**. A total of **10 million MNM tokens** will be distributed proportionally among all participants based on their final contribution after the discretionary cap. The sale runs for four days, during which investors can commit USDC. The exact date will be announced closer to the sale. The sale uses a **minimum raise of $500K** and a **cap of $1M**. **Example:** If $2M is committed and the cap is $1M, investors receive proportional token allocations and 50% of their USDC back. If the MetaDAO sale does not reach its minimum target, all participants are automatically refunded their USDC in full. No tokens are distributed, and the **Protocol Treasury** remains uninitialized. *** ### **Team Allocation and Vesting** An additional **12.9 million MNM (50%)** will be reserved for team and contributor incentives through MetaDAO’s performance-based package, but this allocation won’t be minted at launch. Firstly, a minimum of **18 months** must have passed since the ICO.\ Secondly, these tokens are split into **5 equal tranches** that unlock only as the MNM price reaches successive milestones of 2×, 4×, 8×, 16×, and 32× the ICO price. Price is calculated over a 3-month TWAP. In total, **25.8 million MNM** comprise the initial supply, all governed by the **MnM Protocol Treasury** under MetaDAO’s futarchic governance system. Minting authority transfers to governance upon completion of the sale, ensuring no additional tokens can be issued without outcome-verified, community-driven approval. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://mnm.gitbook.io/docs/getting-started/tokenomics.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.