# Tokenomics

### What is MGL token?

At the heart of the Megalon project is the MGL token, which serves as the governance token for the platform. As a governance token, MGL allows holders to participate in the decision-making processes that shape the future of the Megalon ecosystem.

By holding MGL tokens, users have a direct say in the development and direction of the Megalon project, making it a truly community-driven platform. Additionally, MGL holders can earn rewards for their participation in the platform through staking and liquidity provision, creating an incentivized ecosystem that encourages active participation and engagement.

### MGL Tokenomics

Total Supply: 1,000,000,000 MGL.

15%: Team. 0% TGE, Lock 1 years, Vesting monthly 4 years&#x20;

10%: Investors. 5% TGE, Lock 3 months, Vesting 12 months

14%: Marketing. 10% TGE, then monthly vesting 28 months&#x20;

10%: Adding Liquidity.&#x20;

̀51 %: Community Fund. 5% TGE to boost LP, Monthly vesting on demand &#x20;

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