# Tokenomics

## Token Information

The MMY token address

On Fantom: [0x01e77288b38b416F972428d562454fb329350bAc](https://ftmscan.com/token/0x01e77288b38b416F972428d562454fb329350bAc)

On Optimism:

* MMY (L0): [0x385719545Ef34d457A88e723504544A53F0Ad9BC](https://optimistic.etherscan.io/address/0x385719545Ef34d457A88e723504544A53F0Ad9BC)
* MMY (multi): [0x47536F17F4fF30e64A96a7555826b8f9e66ec468](https://optimistic.etherscan.io/token/0x47536F17F4fF30e64A96a7555826b8f9e66ec468)

On Arbitrum: [0xA6D7D0e650aa40FFa42d845A354c12c2bc0aB15f](https://arbiscan.io/address/0xA6D7D0e650aa40FFa42d845A354c12c2bc0aB15f)

On Base: [0x0d8393CEa30df4fAFA7f00f333A62DeE451935C1](https://basescan.org/address/0x0d8393CEa30df4fAFA7f00f333A62DeE451935C1)

Steps to purchase MMY can be found on the Buy page.

After staking MMY, you will receive a staked MMY token: [0x0d8393CEa30df4fAFA7f00f333A62DeE451935C1](https://optimistic.etherscan.io/token/0x0d8393CEa30df4fAFA7f00f333A62DeE451935C1) (Optimism), [0xe41c6c006De9147FC4c84b20cDFBFC679667343F](https://ftmscan.com/token/0xe41c6c006De9147FC4c84b20cDFBFC679667343F) (Fantom),\
[0x68d1CA32Aee9a73534429D8376743Bf222ff1870 ](https://arbiscan.io/address/0x68d1CA32Aee9a73534429D8376743Bf222ff1870)(Arbitrum),\
[0x9032aeD8C1F2139E04C1AD6D9F75bdF1D6e5CF5c ](https://basescan.org/address/0x9032aeD8C1F2139E04C1AD6D9F75bdF1D6e5CF5c)(Base).

Note that the balance for this will return your total staked amount including any esMMY tokens and Multiplier Points.

## Staking

Staked MMY receives three types of rewards:

* **Escrowed MMY**
* **Multiplier Points**
* **FTM / WETH Rewards**

For more info on Escrowed MMY and Multiplier Points, please see the Rewards page. If you are staking on Fantom you would receive FTM, if you are staking on Optimism then you would receive WETH. Note that the fees distributed are based on the number after deducting referral rewards and the network costs of keepers, keeper costs are usually around 1% of the total fees.

To stake your MMY tokens, please visit the Earn page.

## Supply

The max supply of MMY is **10,000,000**.

The increase in circulating supply will vary depending on the number of tokens that get vested, and the number of tokens used for marketing/partnerships. 

MMY allocations are:

1. Initial liquidity (10%): **1,000,000 MMY + $50,000.** Start price: $0.05 
2. The remaining 90% MMY will be converted to Escrowed MMY (esMMY) in 1 year:

* DAO fund (10%): **1,000,000** esMMY (Vesting in 1 year) 
* The MUMMY NFT (15%): **1,500,000** esMMY (Vesting in 1 year) 
* Dev Fund (10%): **1,000,000** esMMY (Vesting in 1 year) 
* MLP Staker (35%): **3,500,000** esMMY (Vesting in 1 year) 
* MMY & esMMY Staker (20%): **2,000,000** esMMY (Linear 1 year)

<figure><img src="https://1446754473-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fh5u3NuO6Zhsl4dOFRx3B%2Fuploads%2FkCeEyL3OBzGjD2e9JhvQ%2FTokenomics.png?alt=media&#x26;token=ad527676-1b77-453a-82a7-e05c81f0be45" alt=""><figcaption></figcaption></figure>

## Fees Distribution

Fees collected by the platform in the form of the network’s native token — FTM are distributed as follows:

1. **60%** fees for MLP Stakers
2. **30%** fees for MMY & esMMY Stakers
3. **5%** fees for the dev team
4. **5%** fees for buyback and MMY-FTM LP on @Equalizer0x

## Bridging

To bridge MMY, we will leverage LayerZero’s technology. With Omnichain Fungible Token (OFT) capabilities, MMY can be seamlessly transferred across all supported chains.

You can go to the [Bridge](https://app.mummy.finance/#/bridge) page.

<figure><img src="https://1446754473-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fh5u3NuO6Zhsl4dOFRx3B%2Fuploads%2FVORLGrCTwWUjEKtmtTXf%2Fimage.png?alt=media&#x26;token=28e0ef98-f187-4de7-ae91-5a0c73a2fab1" alt=""><figcaption></figcaption></figure>