Tokenomics & Mdrops

Information about the SEND token and Mdrop mechanism.

SEND Tokenomics

$SEND has a total supply of 100M. Here's the breakdown:

• Community: 65%

• Investors: 20%

• Team: 15%

SEND tokenomics are designed to put the community first.

What are Mdrops?

Mdrops are a new token distribution model for SEND. Here’s how it works:

1. When you redeem your SEND allocation, you’ll receive mSEND, which you’ll use to claim SEND.

2. Claiming SEND early comes with a penalty fee, which is paid in SUI. This reduces volatility and increases demand for SUI.

3. The mSEND penalty decreases linearly over time: • 3 months for Points & Ecosystem allocations. • 6 months for Team & Investor allocations. • 12 months for SAVE allocations.

4. On the maturity date (e.g., after 3 months for Points & Ecosystem allocations) you can claim the full SEND tokens without any penalty.

40% of SEND be airdropped with the mdrop mechanism:

• 20% to points holders and early users.

• 5% to ecosystem communities (@rootlets_nft, capsules, and more)
• 15% to SAVE holders (on Solana)

Mdrops allow for a high initial float without overwhelming selling pressure, while aligning long term holders.

Unlocks

Unlocks are as follows:

• Mdrops are unlocked on day 1

• Investors unlock over 2 years

• Team unlocks over 4 years

The unlock schedule was designed to promote long term commitment and avoid high inflation.