Mercor
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Tokenomics πŸ’΅
MRCR Token Supply, Distribution, and Utility

Mercor Token

Ticker: MRCR
Chain: Binance Smart Chain (BEP-20)
Max Supply: 100,000,000 (fully distributed with vesting; no minting)

Deflationary Mechanism

  • Burning mechanism when unstaking $MRCR tokens from the Mercor Platform.
  • Percentage of transaction fee that is used to buyback and burn $MRCR tokens.

Mercor Token Initial Distribution

Mercor Ecosystem Distribution Details

Mercor Token Utility

Mercor aims to be a platform that connects Python-based algorithms with the crypto market and makes them available to the public. Both the investors and the developers will need MRCR tokens to make use of the Mercor platform. Mercor will use a tiered staking model for both developers and investors.

Investor

Investors need MRCR tokens and BNB to invest in an algorithm. The MRCR tokens need to be staked and depending on the amount staked and the corresponding tier, certain benefits will be available. Some of these benefits are:
  • Higher maximum investment
  • Possibility to invest in more algorithms simultaneously
  • Access to signals and market analysis tools
  • Access to exclusive algorithms and market insights
  • Prioritized entry into high-demand algorithms

Developer

The tiers offer developers benefits that can unlock tools that can be used to create more advanced trading algorithms, more advanced pricing structures, and more. Some examples of tools are:
  • Exclusive data sets
  • High-frequency trading
  • Access to certain third-party integrations
    • Weather data
    • Social media data
    • Web scrapers
  • Advanced debugging and analysis tools
  • Access to specific development packages
  • Access to pre-trained neural networks such as sentiment analysis
Furthermore, developers can use MRCR tokens to purchase additional storage and computational power to train and run their algorithms in more advanced environments.
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Last modified 3mo ago