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Meganet Technology

Meganet develops its ecosystem based on the BSC blockchain platform, along with a smart structure that helps the Metok token to ensure the criteria of transparency, scarcity and scientific governance.

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Technical information

Project name: Meganet
Sticker: Metok
Technology platform: BSC
Algorithm: BEP-20
Decimals: 18
Total supply: 7,000,000,000 tokens

Flexible
Flexible
Open
Open
Interoperable
Interoperable
Future-Proof
Future-Proof

Token

The Metok serves three distinct purposes: governance over the network, farming and sharing.

Governance
Governance
Meganet token holders have complete control over the protocol. All privileges, which on other platforms are exclusive to miners, will be given to the Relay Chain participants (DOT holders), including managing exceptional events such as protocol upgrades and fixes.
Farming
Farming
Game theory incentivizes token holders to behave in honest ways. Good actors are rewarded by this mechanism whilst bad actors will lose their stake in the network. This ensures the network stays secure.
Sharing
Sharing
New parachains are added by bonding tokens. Outdated or non-useful parachains are removed by removing bonded tokens. This is a form of proof of stake.

Policy

Burn
Burn

Metok will be burned by 30% of the total supply for 10 consecutive years. Each year will periodically burn 10% on December 31 of each year.

Farming
Farming

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Mining
Mining

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Lending
Lending
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