IDX
RLX-IDX$124511.2%
PP-IDX$452010.5%
AP-IDX$321000.8%
HER-IDX$189002.1%
GOLD$20350.3%
RLX-IDX$124511.2%
PP-IDX$452010.5%
AP-IDX$321000.8%
HER-IDX$189002.1%
GOLD$20350.3%
Token Economics

Tokenomics

Understanding the LuxBit Token Ecosystem

MCK
Digital Luxury Token

Native utility token - "Digital Luxury Goods" equivalent to Bitcoin's "Digital Gold"

USDM
Stablecoin

USD-pegged stablecoin for trading settlements and payments

MCH
Governance Token

Platform governance and voting rights for ecosystem decisions

MFT
Asset Bundle Token

Fractionalized ownership of curated luxury asset portfolios

MCK Token Details

Token Information

Token NameMCK (Digital Luxury Token)
Token StandardERC-20
Total Supply1,000,000,000 MCK
Initial Circulating100,000,000 MCK (10%)
DeflationaryYes (Burn mechanism)

Token Utility

Trading Fee Discounts
Up to 50% off when paying fees in MCK
Asset Binding
Lock MCK to mint NFT digital passports
Staking Rewards
Earn yield from platform revenue share
Governance Rights
Vote on platform proposals and upgrades

Token Distribution

1B
Total Supply
Ecosystem & Rewards
30%
Private Sale
15%
Team & Advisors
15%
Foundation Reserve
20%
Liquidity & Market Making
10%
Public Sale
10%

Vesting Schedule

CategoryCliff PeriodVesting Schedule
Private Sale6 months24 months linear
Team & Advisors12 months36 months linear
Foundation ReserveNoneGovernance-controlled release
Ecosystem RewardsNonePerformance-based distribution

Deflationary Mechanism

MCK implements a deflationary token model through multiple burn mechanisms:

  • Trading Fee Burn: 20% of trading fees collected in MCK are permanently burned
  • Unbinding Penalty: MCK forfeited during early asset unbinding is burned
  • Quarterly Buyback: Platform profits used to buy and burn MCK