An all in one and easy to use Wallet and Tools (Alerts, AI/ML scoring...) solution for your Trading Community.
An all in one and easy to use Wallet and Tools (Alerts, AI/ML scoring...) solution for your Trading Community.
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Since our launch, your feedback has been instrumental in shaping the evolution of $MEOWL. Today, we're excited to announce two pivotal changes to fortify $MEOWL's future:
Burn 33.3% of all $MEOWL tokens
Due to an overestimation of liquidity needs, we've opted to burn 90.7% of the original amount (5,000,000 $MEOWL). We’ve already exceeded our liquidity expectations and our liquidity to marketcap ratio is more than healthy.
A one-year extension of the team’s vesting period:
We've chosen to extend the team’s vesting period to 12 months. This means the team will re-vest its tokens for an additional 11 months at the end of the original vesting period. The vesting will be linear.
Why not do it now ? The contract is immutable, we cannot change the vesting duration and we cannot withdraw our tokens early (that would defeat the purpose of a vesting contract).
We recognize the importance of addressing key concerns and ensuring the tokenomics of $MEOWL are transparent:
What is our strategy for utilizing or optimizing the Meowl LP (Liquidity Pool)?
Is the team contemplating an extension to the vesting period for their tokens?
Has the vesting period for pre-salers ended, and if so, are there any tokens left unclaimed?
To shed light on these concerns, here's a detailed breakdown of our structure including some of the changes we will implement:
Meowl LP Timelock Contract
Address: 0x3A3Da19244092371dF1748470a41F7B1D4dAF43e
Tokens Locked: 512,500 $MEOWL (3.42%) + 5,000,000 $MEOWL to be burned
Purpose: This contract is designated for liquidity provisioning. Plan: 20% of the tax is allocated to adding liquidity when needed.
Due to an overestimation of liquidity needs, we've opted to burn 90.7% of the original amount (5,000,000 $MEOWL).
Meowl Treasury Contract
Address: 0x842618c3f6E3E12edc5F02CC17561293e10CEb7d
Tokens Held: 3,750,000 $MEOWL (25%)
Details: These non-circulating $MEOWL tokens are held by a 2/2 multisig and are part of the Community Treasury portion.
Usage: The primary objective of the Treasury is to reward participants of our incentive programs meowl.xyz/rewards.
This incentive program is designed to incentivize the use of our product. It creates a virtuous circle: token holders can stake their tokens and earn the fees generated by the people using the bot and the people using the bot can earn tokens that they can in turn stake.
The first season will award up to 750,000 tokens. This figure depends both on the volume and number of people that take part in our incentive program. Following seasons will award up to 150,000 tokens and will last one month.
Meowl: Vesting Contract 1 (Team Tokens)
Address: 0x86AB436EF4AB3269CfA55789C917613Da44044e5
Tokens Held: 3,000,000 $MEOWL (20%)
Details: 3,000,000 $MEOWL are allocated to the team, originally vested over 1 month. We've chosen to extend this vesting period to 12 months. This means the team will revest its tokens for an additional 11 months at the end of the original vesting period. The vesting will be linear. Why not do it now ? The contract is immutable, we cannot change the vesting duration and we cannot withdraw our tokens early (that would defeat the purpose of a vesting contract).
Meowl: Vesting Contract 1 (Early Raise Contributors)
Address: 0x86AB436EF4AB3269CfA55789C917613Da44044e5
Tokens Held: 531,400 $MEOWL (3.54%)
Details: 531,400 $MEOWL is dedicated to early raise contributors, vested over a 1-month duration. The vesting period started at token inception.
Meowl Vesting 2 (Pre-salers)
Address: 0xC50822a25c627C5C9c1dc65766fB8287597EAF87
Tokens Held: 102,183 $MEOWL (1.05%)
Status: The vesting period for pre-salers has ended. This contract currently only contains the unclaimed $MEOWL tokens. Claims are manual, some people opted to keep their tokens in the contract.
We thank you for your continued support and interest in $MEOWL. Transparency is a priority for us, and we will ensure to keep our community updated with any significant changes or decisions. If you have any suggestions, questions, or concerns, please don't hesitate to reach out through our community channels.
Since our launch, your feedback has been instrumental in shaping the evolution of $MEOWL. Today, we're excited to announce two pivotal changes to fortify $MEOWL's future:
Burn 33.3% of all $MEOWL tokens
Due to an overestimation of liquidity needs, we've opted to burn 90.7% of the original amount (5,000,000 $MEOWL). We’ve already exceeded our liquidity expectations and our liquidity to marketcap ratio is more than healthy.
A one-year extension of the team’s vesting period:
We've chosen to extend the team’s vesting period to 12 months. This means the team will re-vest its tokens for an additional 11 months at the end of the original vesting period. The vesting will be linear.
Why not do it now ? The contract is immutable, we cannot change the vesting duration and we cannot withdraw our tokens early (that would defeat the purpose of a vesting contract).
We recognize the importance of addressing key concerns and ensuring the tokenomics of $MEOWL are transparent:
What is our strategy for utilizing or optimizing the Meowl LP (Liquidity Pool)?
Is the team contemplating an extension to the vesting period for their tokens?
Has the vesting period for pre-salers ended, and if so, are there any tokens left unclaimed?
To shed light on these concerns, here's a detailed breakdown of our structure including some of the changes we will implement:
Meowl LP Timelock Contract
Address: 0x3A3Da19244092371dF1748470a41F7B1D4dAF43e
Tokens Locked: 512,500 $MEOWL (3.42%) + 5,000,000 $MEOWL to be burned
Purpose: This contract is designated for liquidity provisioning. Plan: 20% of the tax is allocated to adding liquidity when needed.
Due to an overestimation of liquidity needs, we've opted to burn 90.7% of the original amount (5,000,000 $MEOWL).
Meowl Treasury Contract
Address: 0x842618c3f6E3E12edc5F02CC17561293e10CEb7d
Tokens Held: 3,750,000 $MEOWL (25%)
Details: These non-circulating $MEOWL tokens are held by a 2/2 multisig and are part of the Community Treasury portion.
Usage: The primary objective of the Treasury is to reward participants of our incentive programs meowl.xyz/rewards.
This incentive program is designed to incentivize the use of our product. It creates a virtuous circle: token holders can stake their tokens and earn the fees generated by the people using the bot and the people using the bot can earn tokens that they can in turn stake.
The first season will award up to 750,000 tokens. This figure depends both on the volume and number of people that take part in our incentive program. Following seasons will award up to 150,000 tokens and will last one month.
Meowl: Vesting Contract 1 (Team Tokens)
Address: 0x86AB436EF4AB3269CfA55789C917613Da44044e5
Tokens Held: 3,000,000 $MEOWL (20%)
Details: 3,000,000 $MEOWL are allocated to the team, originally vested over 1 month. We've chosen to extend this vesting period to 12 months. This means the team will revest its tokens for an additional 11 months at the end of the original vesting period. The vesting will be linear. Why not do it now ? The contract is immutable, we cannot change the vesting duration and we cannot withdraw our tokens early (that would defeat the purpose of a vesting contract).
Meowl: Vesting Contract 1 (Early Raise Contributors)
Address: 0x86AB436EF4AB3269CfA55789C917613Da44044e5
Tokens Held: 531,400 $MEOWL (3.54%)
Details: 531,400 $MEOWL is dedicated to early raise contributors, vested over a 1-month duration. The vesting period started at token inception.
Meowl Vesting 2 (Pre-salers)
Address: 0xC50822a25c627C5C9c1dc65766fB8287597EAF87
Tokens Held: 102,183 $MEOWL (1.05%)
Status: The vesting period for pre-salers has ended. This contract currently only contains the unclaimed $MEOWL tokens. Claims are manual, some people opted to keep their tokens in the contract.
We thank you for your continued support and interest in $MEOWL. Transparency is a priority for us, and we will ensure to keep our community updated with any significant changes or decisions. If you have any suggestions, questions, or concerns, please don't hesitate to reach out through our community channels.
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