🚀Future of $MEKKACOIN

DISCLAIMER

These are hypothetical utilities that we have thought of and are currently in the process of developing. Details can change at any time.

Demand Creation Strategy:

• Our goal is to make it so that no single project will need a developer to reinvent the wheel. The basics (launch, stake, airdrop, etc…) will be covered

• The reason why people should purchase $MEKKA is because it will have utility for Mekka Lab services (Mekka Launch, Mekka Kit)

  • Mekka Launch:

    • Can mint up to 5% of collection with $MEKKA

  • Mekka Kit:

    • Services can only be used with $MEKKA

• Another reason why people should purchase $MEKKA is because they can level up their Froggos to earn $MEKKA faster

• People should also purchase $MEKKA because 50% of secondary sales royalties of Mekka Froggo NFTs will go towards buying back and burning $MEKKA

Tokenomics Update (08/08/22)

• In order to increase the holder coefficient for $MEKKA, we will add ~10% as liquidity pool rewards for anyone providing $MEKKA/$USDC liquidity

  • The current supply of $MEKKA is 18.5M which was originally intended to be distributed over approximately 2000 days via staking rewards

  • The new total supply of $MEKKA will be 21M.

    • 2M $MEKKA will be added as yield farming rewards. The farming rewards yield will be fixed daily, adjusted to burning activity.

    • 0.5M $MEKKA will be added for marketing purposes.

• Mekka Day: In order to make $MEKKA more scarce over time, we will be introducing halving events on August 31, 2022 and August 31, 2023. This means that all $MEKKA emissions (i.e. both staking rewards and farming rewards) at these times will be halved