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3. Tokenization

Token Supply

Estimated reading: 3 minutes

A Dynamic Minting Strategy

Instead of pre-minting the entire maximum supply of MEDRE, MEDRE will implement a dynamic minting strategy. This approach ensures that tokens are only created when needed, aligning the token supply with the project’s actual growth and demand, rather than relying on a fixed, upfront release.

  • Maximum Supply: The maximum supply of MEDRE will remain fixed at 800 million tokens. This establishes a clear upper limit, ensuring scarcity and preventing inflation beyond a defined point.
  • Initial Supply: The initial supply of MEDRE will be a maximum of slightly less than 252 million tokens, representing 31.5% of the total 800 million token supply. This allocation is designated for Owners and Team, Pre-sale stages and exchange launch, Contributors, Social & airdrop initiatives, and Dividend reservations. It’s important to note that not all of the total allocation is designed to be minted from the beginning, but will be released over time as needed.
  • Release Strategy: Our release strategy is milestone based and not pre sale based. If our milestones are complete for a certain phase and the round is not sold out, we will proceed to the next phase and will not mint the remaining unsold tokens. What we will do with the tokens is uncertain at this point, but it will benefit the overall strategy of the company. This means the maximum initial supply of 252 million tokens can potentially decrease.
  • Initial and Circulating Supply:
    • While the initial supply may reach a maximum of 252 million MEDRE tokens, the circulating supply, as defined by MEDRE, is the initial supply minus the tokens staked within the platform. Given that approximately 90% of the initial supply is expected to be staked, the circulating supply will be significantly lower.
    • The exchange launch will commence with approximately 20/25 million MEDRE tokens. These tokens primarily represent an early redemption of a percentage of the private pre-sale tokens. This early redemption is a gesture of appreciation to the early supporters who placed their trust in MEDRE and contributed to the project’s success. This approach ensures that a portion of tokens are available for trading while also respecting the commitment of early investors.
  • On-Demand Minting Mechanism:
    • Transparent Communication of Token Minting: All token minting events, including those from unminted initial allocations and the reserve, will be communicated to the MEDRE community through official communication channels. This ensures transparency and keeps the community informed about the token supply dynamics. Note: Initial allocation minting is not subject to governance votes. This is because these allocations are already clearly defined.
    • Governance-Driven Reserve Minting: All minting requests from the reserve will be subject to a governance vote by the staked MEDRE community. This ensures that any additional token creation from the reserve is transparent, community-driven, and directly tied to a clearly defined and justifiable use case.
  • Transparency and Auditability: All token minting transactions will be recorded on the blockchain, ensuring complete transparency and auditability. The smart contract governing the minting process will be publicly available for review.
  • Rationale: Minting on demand allows MEDRE to manage the token supply responsibly, providing a sustainable and adaptable economic model. This approach ensures that the token supply is aligned with the project’s long-term vision and the interests of its community.

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