# Tokenomics & Mdrops

## SEND Tokenomics

<figure><img src="https://1012785037-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZptIWZyJ2rOgtqtAY5Zr%2Fuploads%2FXIBAJa9L7Bo35rNU8TQU%2FScreenshot%202024-12-11%20at%2010.44.36%E2%80%AFPM.png?alt=media&#x26;token=277df82d-d155-4f9b-adbf-d1aa845e499a" alt="" width="563"><figcaption></figcaption></figure>

[$SEND](https://x.com/search?q=%24SEND\&src=cashtag_click) has a total supply of 100M. Here's the breakdown:&#x20;

* Community: 65%&#x20;
* Investors: 20%&#x20;
* Team: 15%&#x20;

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.

<figure><img src="https://1012785037-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZptIWZyJ2rOgtqtAY5Zr%2Fuploads%2FaR4ZwubKDqDUrJHxjNxn%2FScreenshot%202024-12-04%20at%2010.33.31%E2%80%AFAM.png?alt=media&#x26;token=fb74a189-88a2-4529-86d3-030bccbc9344" alt="" width="563"><figcaption></figcaption></figure>

40% of SEND be airdropped with the mdrop mechanism:&#x20;

* 20% to points holders and early users.
* 5% to ecosystem communities ([@rootlets\_nft](https://x.com/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.

<figure><img src="https://1012785037-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZptIWZyJ2rOgtqtAY5Zr%2Fuploads%2FziYYM55Ba41v5J5ekqgt%2FScreenshot%202024-12-04%20at%2010.32.37%E2%80%AFAM.png?alt=media&#x26;token=4eb9c3f3-6bbe-4dd9-b82e-e6af790ae221" alt="" width="563"><figcaption></figcaption></figure>
