> For the complete documentation index, see [llms.txt](https://modernizing-park.gitbook.io/modernizing-park/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://modernizing-park.gitbook.io/modernizing-park/tokenmics.md).
# Tokenmics
## **1. Issuance and Role of MPC**
A total of 50,000,000 MPC have been issued. 90% of these MPC will be used to build the platform community in various ways, which includes but is not limited to witnessing block rewards, providing incentives for platform eco-developers, global community building, Dapp promotion activities, project operation and promotion, eco-partners, eco-investment, and research and legal compliance. The use of this portion of MPC consists of exchanges through consensus work contribution, gratuitous gifts, exchanges for other digital assets, etc.
10% of MPC is proposed to be used to motivate the project’s development team. We anticipate that the product will have a breakthrough in the next 5 years, with all core personnel voluntarily opting to start unlocking tokens at the end of each year following the launch of the Mainnet.
## **2. Supply and Distribution of MPC**
| **Applications** | **Proportion** | **Description** | **Lock-in and usage policy** |
| :------------------------------------------: | :------------: | :------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------: | :---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------: |
| Eco-partners | 8% | Incentives for the participation of users in acts of ecological construction, promotion, research, etc, and also for significant technical or commercial contributions to the project. | Tokens are issued and unlocked quarterly for 5 years, with further lock-in policies allocated and set by the Foundation on a demand basis. |
| Operational Promotion | 5% | Financial support for the promotion of the project within the industry and for building the project's market position. | A 2% pass is unlocked at initial issuance for MPC's eco-promotion and operations. The rest will be issued and unlocked quarterly for 5 years after the launch of the main website, with the Foundation allocating and setting further lock-in policies based on demand. |
| Foundation operating fund | 4% | Sustainable financial support for the operation of the Foundation. | Within 5 years, to be issued and unlocked on a quarterly basis, with the Foundation allocating and setting further lock-in policies on a demand basis. |
| Investment Institutions | 10% | Rewards for corporate, institutional and related industry supporters. | Unlock 10% on initial issuance of tokens and release 10% every month thereafter until issued. |
| Development Team Incentives | 10% | Incentives for the development team to devote time and effort to research and the ongoing maintenance of the project. | Core staff, including the promoter: 5 years after the launch of the main website, with 1/5 unlocked and unlocked at the end of each year.
Team members: over 5 years, with 1/5 unlocked and released at the end of each year.
Among these, a portion will be set aside for future team members. Upon request, the Foundation will allocate and set further lock-in policies.
|
| MPC Ecological Incentives | 52% | Rewards for investors based on the Dapp developed by MPC. | Based on the Dapp developed by the MPC, a series of activities conducive to ecological construction will be launched, which can be obtained in various forms such as pledging and participating in activities. |
| On-chain Consensus Governance Work Incentive | 11% | POS consensus and council awards | We aim to reward block nodes with a total of no more than 2% of the total number of tokens per year, with an incentive period of no less than 10 years.
In the future, the Foundation will replenish the incentive with unused tokens from recycling or other uses.
|