> For the complete documentation index, see [llms.txt](https://methexis.gitbook.io/methexis-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://methexis.gitbook.io/methexis-docs/token/token-usdmthx.md). # Token - $MTHX ### Quick facts * Ticker: $MTHX * Network: Ethereum (ERC-20) * Max supply (capped): 1,000,000,000 (1B) * Genesis circulation: \~40% (treasury & vested allocations locked per schedules) * Primary utilities: Staking, rewards, governance, fees * Economic design: Capped supply + decaying emissions from a rewards pool *** ### Utility * Staking & Security — Validators post $MTHX as collateral to operate. Misbehavior can be slashed. * Rewards — Contributors (compute & data) and validation committees are paid in $MTHX each round. * Governance — Token-weighted proposals/votes set parameters (rewards split, stake thresholds, slashing %, treasury spend). * Fees — Certain actions (e.g., priority data review, inference credits when live) may be priced in $MTHX; fees can be burned or routed to treasury per policy. *** ### Supply & Allocation (Proposed v2) | Bucket | % of Max Supply | Amount (M) | Unlock / Vesting | | ---------------------------------------- | --------------- | ---------- | ---------------------------------------------------------------- | | **Community Rewards (emissions)** | **60%** | **600** | Decaying emissions (see below) | | **Team & Core Contributors** | **15%** | **150** | 12-month cliff, linear over 36 months | | **Investors / Strategic Partners** | **10%** | **100** | 6-month cliff, linear over 30 months | | **Ecosystem & Treasury** | **10%** | **100** | Linear unlock over 48 months; DAO-controlled | | **Liquidity & Market Making** | **3%** | **30** | At TGE for DEX/CEX liquidity (subject to lockups where required) | | **Community Airdrops / Public Programs** | **2%** | **20** | Programmatic unlocks per DAO | Totals: 100% = 1,000M Rationale: Rewards-heavy design (60%) prioritizes long-term network growth. Team/Investor combined ≤25% with multi-year vesting to align incentives. Treasury funds audits, storage pinning, grants. *** ### Emissions (Rewards Pool) Emissions are released from the 600M rewards pool with a 24-month half-life (configurable via governance). Formula (monthly):
where E0E\_0E0​ is the initial monthly emission. Illustrative schedule (rounded): | Year | Emissions (M MTHX) | | ---- | -------------------------------------- | | Y1 | 120 | | Y2 | 60 | | Y3 | 30 | | Y4 | 15 | | Y5 | 7.5 | | Y6+ | tails until the 600M pool is exhausted | > Governance may tune E0 and the half-life while keeping the 600M cap intact. Any change requires DAO vote and timelock. *** ### Reward Distribution per Training Round Emissions allocated to a round are distributed on-chain as: | Recipient | Share (Target) | Notes | | --------------------------------- | -------------- | -------------------------------------------------- | | **Training Validators (compute)** | **58%** | Proportional to verified participation & agreement | | **Data Providers** | **35%** | Weighted by accepted dataset contribution | | **Validation Committees** | **7%** | For data-quality screening & attestations | > Optionally, a protocol maintenance cut (e.g., 2%) can be skimmed *before* the split to fund pinning, audits, and public infra—governed and transparent. *** ### Staking & Slashing (Parameters) * Minimum validator stake (illustrative): 100,000 $MTHX (governed) * Unbonding period: 14–28 days (final value by DAO) * Slashing reasons: double-signing/bad compute, chronic downtime, malicious data behavior * Slashing range: 0.5%–100% depending on severity (policy encoded, DAO-tunable) * Jail period: temporary exclusion after slashing; requires re-qualification *** ### Vesting Schedules (Detail) Team & Core (150M) * 12-month cliff; then linear 36 months * Subject to contributor agreements and clawback for misconduct Investors / Strategic (100M) * 6-month cliff; then linear 30 months * Optional performance-based unlocks (e.g., market-making or infra SLAs) Treasury (100M) * Linear 48 months; disbursements via DAO votes (multisig → DAO timelock) Community Programs (20M) * Tranches for hackathons, testnet incentives, user airdrops; each tranche published with criteria before distribution *** ### Addresses & Repos * Token (ERC-20): `TBA` (published at TGE) * Staking / Rewards contracts: `TBA` * Governance (DAO) contracts: `TBA` * GitHub: `TBA` > Contract addresses are posted after audits and mainnet deployment. Always verify via the official site and GitHub releases. *** ### Economic Safety Notes * Cap invariants: Max supply hard-capped at 1B; emissions drawdown cannot exceed 600M in total. * Treasury discipline: Quarterly transparency: inflows, outflows, remaining runway. * No promises: $MTHX is a utility/governance token—not an investment contract or guarantee of profit. * Risk factors: smart-contract risk, market volatility, validator concentration, storage/provider dependencies. *** ### FAQ Q: Why a decaying emission?\ A: It bootstraps early contributors while reducing inflation pressure over time—standard in secure, long-lived networks. Q: Can the DAO change emissions?\ A: Yes—within the hard cap and with timelocked governance. Parameter changes must be transparent and simulated before enactment. Q: What happens to slashed tokens?\ A: Policy options: burn, partial redistribution to honest actors, or treasury—encoded and adjustable by governance. Q: Will there be an airdrop?\ A: The Community Programs bucket (2%) funds fair-launch style distributions. Criteria are published before each tranche.