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Token Distribution

The $MRDN token has a carefully designed distribution model to ensure sustainable growth and proper incentive alignment across all stakeholders. Total Supply: 1,000,000,000 $MRDN Distribution Breakdown:
70% Emissions - 700M tokens
10% Treasury - 100M tokens
10% Team - 100M tokens
5% Liquidity & Listings - 50M tokens
3% Pool2 - 30M tokens
1% Closed Round - 10M tokens
1% uOS Airdrop - 10M tokens

Emissions

70% of total supply 2% cashback subjected to halvings based on time or economic milestones

Treasury

10% of total supply Protocol development and ecosystem growth

Team

10% of total supply 4-year linear vesting schedule

Liquidity & Listings

5% of total supply for $MRDN/USDC trading liquidity & reserve for future listings

Pool2

3% of total supply for additional liquidity incentives

Closed Round

1% of total supply to boot strap initial liquidity pool

uOS Airdrop

1% of total supply Community distribution

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Emission Schedule

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Exponential Decay Emission Model

How it works:
  • Continuous Decay: Cashback rate decreases exponentially with total network transaction volume
  • Volume-Based: Higher network usage naturally reduces emission rate over time
  • Smooth Transition: Emissions decay continuously leading to halving events
  • Economic Alignment: Early adopters receive higher rates while maintaining long-term sustainability

Decay Function

The cashback rate follows an exponential decay based on cumulative transaction volume: Cashback Rate Formula: y(x)=0.02⋅e−6.9×10−9⋅xy(x) = 0.02 \cdot e^{-6.9 \times 10^{-9} \cdot x} Where:
  • y(x)y(x) = Cashback percentage at volume xx
  • xx = Cumulative transaction volume processed (USD)
  • 0.020.02 = Initial cashback rate (2%)
  • 6.9×10−96.9 \times 10^{-9} = Decay constant (adjustable parameter)

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Emission Milestones

Tokens EmittedCurrent RateAverage Rate
02.000%0.000%
100M1.003%1.389%
200M0.503%0.928%
300M0.252%0.598%
400M0.127%0.373%
500M0.063%0.226%
600M0.032%0.134%
700M0.016%0.078%
Key Parameters:
  • Total Emission Supply: 700M $MRDN tokens
  • Average Cashback: 0.078% when all tokens are emitted
  • Decay Constant: 6.9e-9 (tunable based on economic conditions)
  • Volume Dependency: Transaction volume requirements scale with token price

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Cashback Mechanism

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How Cashback Works

Cashback rewards are paid in $MRDN tokens and calculated based on the total payment amount for services rendered through the Meridian network. 
Cashback Formula:
Total Payment × Current Cashback Rate = Cashback Amount (USD)
Cashback Amount ÷ $MRDN Price = $MRDN Tokens Received

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Variable Token Payouts

Token payouts depend on market price:
  • Higher $MRDN Price: Fewer tokens received as cashback
  • Lower $MRDN Price: More tokens received as cashback

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Example Calculation

Service Payment: $100 USDC
Cashback Calculation: $100 × 0.02 = $2.00 USDC value
$MRDN/USDC Price: $0.50
$MRDN Tokens Received: $2.00 ÷ $0.50 = 4 $MRDN

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Fee Structure

Transaction Fees

A 1% fee is collected immediately when funds flow through the Meridian contract:
  • Fee Timing: Collected as soon as money rolls through the contract
  • Fee Application: Applied to all payments processed through Meridian
  • Fee Destination: Collected by protocol treasury
  • Purpose: Sustainable protocol revenue and ecosystem development funding

Staking Benefits

Users can reduce their fees by staking $MRDN tokens:
  • Base Fee: 1% for non-stakers
  • Staking Tiers: Higher $MRDN stakes = lower fees
  • Fee Reduction: Incentivizes token holding and network participation
  • Dynamic Structure: Fee discounts based on staking amount and duration

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Fee Distribution Example

Payment processed: $1000 USDC
├── Protocol Fee: -$10 USDC (1% - or less with staking)
├── Cashback Pool: +$20 MRDN (2% for rewards)
└── Net to Recipient: $1010 USDC

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Token Utility

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Primary Use Cases

  • Cashback Rewards: Primary mechanism for earning MRDN−∗∗FeeReduction:∗∗StakingMRDN - **Fee Reduction:** Staking MRDN reduces transaction fees - Network Participation: Incentivizes usage of Meridian payment infrastructure - Governance: Future governance rights for protocol decisions - Staking Rewards: Additional yield through staking mechanisms - Real Yield: Protocol-generated revenue provides sustainable returns

Economic Model

The tokenomics create a deflationary pressure through: - Decreasing Emissions: Halving cycles reduce new token supply over time - Usage-Based Rewards: Higher network usage increases token demand - Fee Collection: Protocol revenue provides sustainable funding model

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Trading & Liquidity

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Primary Trading Pair

The MRDNtokenwillbeprimarilytradedagainstUSDC:−∗∗MainPair:∗∗MRDN token will be primarily traded against USDC: - **Main Pair:** MRDN/USDC - Liquidity Pool: 5% of total supply allocated for initial $MRDN/USDC liquidity - Price Discovery: Market-driven pricing through decentralized exchanges - Stability: USDC pairing provides stable reference point for cashback calculations - Auto Liquidity Provision: USDC collected from network usage adds protocol owned liquidity

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Long-term Sustainability

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Balanced Incentives

  • Early Adopters: Higher cashback rates in early cycles reward pioneers - Long-term Users: Sustained value through decreasing supply inflation - Protocol Growth: Treasury and fee structure fund continuous development

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Emission Flexibility

The dynamic emission model ensures: - Early Adopters: Higher absolute emissions reward network pioneers - Long-term Sustainability: Emission rate decreases with remaining supply - Adaptive Schedule: Halving triggered by time or economic milestones provides flexibility