MNDE token allocations
7.5% of MNDE (75M) is allocated to initial contributors. This distribution was completed in January 2024.
The remainder of the MNDE treasury is under the control of the DAO, which can submit proposals and vote to determine how and when to distribute the tokens.
Current MNDE allocations passed and earmarked
- A budget of up to 6M MNDE budget for Marketing expenses between September 2022 and September 2023.
- A budget of up to 160M MNDE for the Open Door program, capped by Marinade's TVL growth.
- A 46M milestone budget was distributed to the team and advisors for TVL objectives. When operating expenses are greater than protocol revenue, MNDE is taken out of this budget to support contributor compensation.
