- BUY $MAYO NOW
- Deflationary
Unrefrigerated (unstaked) $MAYO goes bad, at a rate of 2% for every 24 hours.
Upon transacting (purchase, sale, transfer, fridge interaction), the spoiled $MAYO is burned forever.
Once your $MAYO has gone bad, it cannot be moved anymore.
Transactions exceeding your available $MAYO balance (unrefrigerated minus spoiled) will fail.
There will only ever be 11.47 billion $MAYO, ever.
- The Fridge
Users can keep some or all their $MAYO in the fridge (stake), preventing it from spoiling.
Removing tokens from the fridge takes 24 hours.
After taking $MAYO from the fridge, you have 24 hours to transact before any spoiling occurs.
The liquidity pool is refrigerated, meaning liquidity is not susceptible to spoiling.
You better keep your $MAYO in the fridge.
- Example
You buy 1000 $MAYO
You don't put your $MAYO in the fridge
48 hours pass
40 $MAYO (4%) will be burned forever upon transacting
________________
Scenario 1You want to transfer all of your $MAYO
You can only send 960 $MAYO
After the transfer, your balance will be 0
________________
Scenario 2You transfer 500 $MAYO
500 $MAYO reach their destination
You only have 460 $MAYO left in your wallet.
- Total burned $MAYO:
________________
11.47B $MAYO
No presale
95% liquidity
3% community fund
2% team allocation
________________
Keep it in the fridge or it will go bad