Hey guys! In the last week, there were a lot of discussions about CLNY supply and quite a lot of complaints about communication between the community and core devs.
Let me try to bring clarity to both of these topics.
Max supply of CLNY tokens is 144,800,000, where 70,952,000 CLNY goes directly to the NFT landlord, other 73,848,000 goes indirectly via DAO and liquidity mining program.
Average minting per NFT plot
If you split direct 70,952,000 into 21,000 you will get that on average each piece will generate only 3,378 CLNY.
New Max supply
On another side, if all of us decide to speed-up minting and build improvements, we might potentially burn 55,440,000 CLNY. And Max supply after Epoch 1 is finished might hit 89,360,000 CLNY.
By initial design, potentially in the first year will be burned 38.29% of CLNY supply. If you know any other project on the market that has a better deflation mechanism please point us.
As you might guess, do not stop development with the first stage of the project. Right after MarsColony went live we started research towards building the DeFi ecosystem for the colony.
Right now in our mind several products that can be launched increase the utilization of CLNY tokens within the ecosystem.
- Liquidity mining (development is in progress)
- MarsColony DEX (on research stage)
- MarsColony stable coin backed by LP tokens or NFT plots (to do)
- Lending platform to borrow stable coins against your NFT land plots (to do)
Please do the math on your own on how much CLNY will be utilized with every one of these products
Each of those products has to be open-sourced and can be developed by anyone from our community who has expertise in the field.
So if you feel that the core team moves too slow, please take an initiative to get funding from Community Treasury and build it for the colony.
Start your initiative here Governance - Mars Colony