MYTHO Token
MYTHO is the fuel and backbone of Mytho—a utility and governance token that powers the platform and its totem communities. It’s used to buy totems, reward activity, and make big decisions. Here’s everything you need to know about MYTHO, how it works, and why it’s key.
What Is MYTHO? MYTHO is Mytho’s main currency and governance token. It drives the ecosystem by flowing to totem treasuries through the Merit system and gives users a say in platform-wide choices. It’s not just for totems—users use it too, making it the heart of Mytho’s operations.
Fuel for Totems: Totems get MYTHO as a reward for community activity via Merit points. Every month, these points turn into MYTHO tokens and go to the totem’s treasury.
How Users Use MYTHO: Beyond totems, MYTHO has direct uses for you as a user:
Buying Totems: In the initial liquidity pool, you purchase new totems with MYTHO—at $0.00004 per totem, up to $800 per person. This MYTHO funds the treasury and trading pool.
Staking for Rewards: Stake MYTHO with the platform to earn 50% of Mytho’s revenue (from fees on sales, swaps, etc.).
Governance Voting: Use MYTHO to vote on platform-level decisions—like settling totem disputes or setting platform rules. It’s your voice in how Mytho runs.
Supply and Distribution:
Total Supply: 1,000,000,000 MYTHO tokens.
Breakdown:
Totems Stimulation Program: 50% (500,000,000 tokens) Distributed over four years to reward totem activity via Merit:
Year 1: 40% (200,000,000 tokens)
Year 2: 30% (150,000,000 tokens)
Year 3: 20% (100,000,000 tokens)
Year 4: 10% (50,000,000 tokens) This starts big to attract users fast, then tapers off as totems stabilize.
Team: 20% (200,000,000 tokens) Locked with a 2-year vesting period to support the creators long-term.
Treasury: 23% (230,000,000 tokens) Held for platform needs and future growth.
Mytho AMM Incentives: 7% (70,000,000 tokens) Spread over 2 years to boost trading liquidity.
Purpose: This setup pushes early totem growth, rewards the team over time, and keeps the platform sustainable with revenue after incentives end.
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