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Our Tokenomics

Allocation Overview‚Äč

Minima has a hard-capped supply of 1 billion coins, that will slowly reduce over time as a result of The Burn.

All coins will be minted at the Token Generation Event and allocated into the following categories:

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Allocation categories are discussed in more detail below.

First, an overview of the total circulating supply of Minima coins, followed by an outline of how coins will be split between Native Minima ($MINIMA) and Wrapped Minima ($WMINIMA) after the Token Generation Event.

Total Circulating Supply‚Äč

Circulating supply measures how many coins are unlocked from the total supply over time. The number of coins released from a particular allocation category at any given time is determined by the release schedule for each allocation category, specified in the Release Schedule section of this paper.

The majority of Minima’s supply is subject to long-term lock-ups to slowly ease liquidity into the market. All supplies issued at the Token Generation Event will be unlocked after 39 months.

The chart below shows how Minima’s total circulating supply will gradually release coins into the total supply in time. The horizontal line at the top of the chart represents Minima's hard-capped supply of 1 billion coins. However, the chart ignores how The Burn will slowly reduce Minima’s total supply over time.

All charts included in this paper begin on the month of the Token Generation Event, March 2023.

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In addition, the following table shows Minima’s total circulating supply at key milestones:

Token Generation Event1st anniversary2nd anniversary3rd anniversary39 months
Wrapped Circulating Supply98,100,000125,000,000125,000,000125,000,000125,000,000
Native Circulating Supply120,435,000530,155,538736,778,077847,355,615875,000,000
Total Circulating Supply218,535,000655,155,538861,778,077972,355,6151,000,000,000
Total Supply1,000,000,0001,000,000,0001,000,000,0001,000,000,0001,000,000,000

Exchange Tradable Supply at TGE‚Äč

The exchange tradable liquidity of Minima coins will only be via Wrapped Minima ($WMINIMA) at the Token Generation Event (TGE).

Prior to launching Native Minima on exchanges in Q3/Q4 2023, Native Minima ($MINIMA) will be tradable peer-2-peer for ETH or any ERC-20 token via the MiniSwap MiniDapp that will be available soon.

The following pie chart demonstrates that only 9.81% (98,100,000 coins) of the Total Circulating Supply of Minima coins will be available on exchanges at TGE as $WMINIMA:

MinimaMinima

Token Generation Event (TGE)‚Äč

100% of Native Minima (1,000,000,000 $MINIMA coins) will be minted at the Token Generation Event, and 12.5% of these coins will be wrapped on the Ethereum blockchain as ERC-20 tokens (125,000,000 $WMINIMA coins), in order for Wrapped Minima to be tradable on exchanges shortly after the event.

Native Minima (875,000,000 $MINIMA coins) will be available to trade peer-2-peer via a MiniSwap MiniDapp and then on exchanges once the necessary middleware integration has been implemented, expected Q3/Q4 2023.

SupplyProcess
Total Minima1,000,000,000Minted at Token Generation Event
Wrapped Minima ($WMINIMA)125,000,000Wrapped on Ethereum as ERC-20 tokens
Native Minima ($MINIMA)875,000,000Native Minima for circulation

Release Schedule‚Äč

Total Minima‚Äč

Includes both Wrapped Minima ($WMINIMA) and Native Minima ($MINIMA). It represents 100% of the total supply and has the following release schedules per category:

% Allocated% Available at TGEPost TGE Release Schedule
Presale Tranche 11%100%n/a
Presale Tranche 21%100%n/a
Presale Tranche 32%100%n/a
Presale Tranche 42%100%n/a
Treasury10%0%Distributed over a 10-year period
Node Incentives12.00%100%n/a
Loyalty Program/Grants23.00%0%Distributed over a 10-year period
Team & Advisors15.70%0%3 month cliff, then linearly over 36 months
Private Seed7.49%33%Remaining 67% available after 12 months
Seed14.03%25%5% available per month for 15 months
Private 110.73%40%5% available per month for 12 months
Private 21.05%50%5% available per month for 10 months

Wrapped Minima ($WMINIMA)‚Äč

Represents 12.5% of the total supply and has the following release schedules per category:

% Allocated% Available at TGEPost TGE Release Schedule
Presale Tranche 1100%100%n/a
Presale Tranche 2100%100%n/a
Presale Tranche 3100%100%n/a
Presale Tranche 4100%100%n/a
Treasury7%0%Linearly over 3-5 years
Team & Advisors10%0%3 month cliff, then linearly over 4 months
Private Seed10%100%n/a
Seed10%100%n/a
Private 110%100%n/a
Private 250%100%n/a

Native Minima ($MINIMA)‚Äč

Represents 87.5% of the total supply and has the following release schedules per category:

% Allocated% Available at TGEPost TGE Release Schedule
Treasury8.84%0%Distributed over a 10-year period
Node Incentives12.00%100%n/a
Loyalty Program/Grants23.00%0%Distributed over a 10-year period
Team & Advisors14.08%0%3 month cliff, then linearly over 36 months
Private Seed6.74%33%Remaining 67% available after 12 months
Seed12.63%25%5% available per month for 15 months
Private 19.66%40%5% available per month for 12 months
Private 20.46%50%5% available per month for 10 months

Allocation Categories‚Äč

Public Sale‚Äč

16% of Minima's total supply (160,000,000 coins) is allocated to the Public category, that includes both Public Presale and Treasury subcategories.

Public Presale‚Äč

Join the Waitlist for the Public Presale here

6% of Minima's total supply (60,000,000 coins) is allocated to the Public Presale.

The Public Presale will be for Wrapped Minima ($WMINIMA). Enabling Minima to be tradable on exchanges shortly after the Token Generation Event, without waiting for technical integration of Native Minima ($MINIMA) onto exchanges, scheduled for Q3/Q4 2023.

The Public Presale will have four ‚Äėtranches‚Äô between 10:00 UTC 14th February 2023 and 22:00 UTC 28th February 2023, with a limited volume of coins in each tranche.

Across all tranches the minimum investment size is USD $150, to enable as many people as possible to participate. Tranche 1 has a maximum investment size of USD $25,000, whereas tranches 2, 3 and 4 have a maximum investment size of USD $100,000.

Earlier tranches benefit from a greater discount, as shown below:

StartEnd
Date14th Feb 202328th Feb 2023
Time10:00 UTC22:00 UTC
TrancheTranche 1Tranche 2Tranche 3Tranche 4
Coins for sale10,000,00010,000,00020,000,00020,000,000
Discount30%20%10%None
Price (USD)$0.21$0.24$0.27$0.30
Min investment size (USD)$150$150$150$150
Max investment size (USD)$25,000$100,000$100,000$100,000
Release schedule100% at launch100% at launch100% at launch100% at launch

Treasury‚Äč

10% of Minima's total supply (100,000,000 coins) is allocated to the Minima Foundation.

The purpose of the foundation is to support, maintain and improve Minima, by providing services for the benefit of the project. With the aim to ensure the network remains completely decentralized over time.

The foundation's main responsibilities include; the regulation and monitoring of token issuance, the management of intellectual property, public relations work, as well as the development of Minima’s public image. It will also oversee the funding of cutting-edge projects, to enable the ecosystem to thrive.

Circulating Supply‚Äč

The chart below shows how coins allocated for the Public Sale category will gradually be released into the total supply in time:

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Node Incentives‚Äč

Up to 12% of Minima's total supply (120,000,000 coins) will be allocated to Node Incentives.

Node Incentives were distributed via an Incentive Program that rewarded early community members for running a node, alongside an Invite Program, which rewarded members for inviting new members to join.

Rewards earned by Incentive Program members will be distributed as Native Minima ($MINIMA). An additional 75 coins are available for Incentive Program members who continue to run their node 6 months after the TGE, and a further 75 coins are available at the 1-year anniversary of the TGE.

The final Node Incentives coin allocation will be determined after the Proof of Person process is complete. Once known, any coins not utilised will be directed towards the Loyalty Program & Grants category, continuing to reward early adopters for bootstrapping the network, while ensuring a flourishing ecosystem is built.

Circulating Supply‚Äč

The chart below shows how coins allocated for the Node Incentives category will gradually be released into the total supply in time:

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Loyalty Program & Grants‚Äč

23% of Minima's total supply (230,000,000 coins) is allocated to the Loyalty Program & Grants category, that includes both Loyalty Program and Grants subcategories.

Loyalty Program‚Äč

After the Token Generation Event, Minima will launch an innovative Loyalty Program that will be open to all. Unlike traditional farming schemes, Minima’s Loyalty Program will be a non-custodial, fully-collateralised yield product.

The Loyalty Program will offer excellent rewards in the form of Native Minima ($MINIMA), paid to participants who lock up their holdings for set periods of time. Encouraging continued node running, and reducing the total circulating supply of Minima while creating genuine demand for coins.

Grants‚Äč

Will be available to enable interesting and novel use cases to be built on Minima. They will be awarded to developers and entrepreneurs through a series of scheduled application rounds, in collaboration with a range of Minima partners, to accelerate the growth of the network.

Grants will also be available for individuals who discover critical bugs and report them to the #support channel on Discord, before anyone else.

Subscribe to our announcement channel on Discord or Telegram to be the first to know once the Loyalty Program and Grants become available.

Circulating Supply‚Äč

The chart below shows how coins allocated for the Loyalty Program & Grants category will gradually be released into the total supply in time:

MinimaMinima

Private Allocations‚Äč

49% of Minima's total supply (490,000,000 coins) is allocated between the Team & Advisors, Private Seed, Seed, Private 1 and Private 2 categories.

Earlier rounds were conducted when the technology was not yet built, or at a very early stage. The pricing of these rounds reflected the level of risk that early backers were prepared to take as early believers in Minima’s long-term vision.

Rounds prior to the Public Presale sold at the following prices:

Round NameTeam & AdvisorsPrivate SeedSeedPrivate 1Private 2
Price (USD)n/a$0.01$0.02$0.06$0.20
Release schedule3 month cliff, then linearly over 36 months33% at TGE, 67% after 1 year25% at TGE, then 5% per month40% at TGE, then 5% per month50% at TGE, then 5% per month
% total allocation wrapped & on exchanges at TGE0%10%10%10%50%

Circulating Supply‚Äč

The chart below shows how coins allocated for the Team & Advisors, Private Seed, Seed, Private 1, and Private 2 categories will gradually be released into the total supply in time:

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