$MAINST TOKEN

Vision

As a media/news aggregator Main Street’s goal is to inform, educate, and share news with the cryptoverse. Using the platform’s original content alongside partner produced or aggregated news to create a media platform displaying educational, informative, and cautionary pieces. In a space that relies on self/peer driven education while being riddled by advertisements and paid promotions; Main Street will maintain its value and transparency driven vision to create a product that can be trusted by its community. While returning them value through not only use-case, but also their monetary holdings.
In terms of the financial aspect of Main Street, $MAINST token aims to represent shareholdership within the Main Street Company. With majority portions of promotional, advertisement, and sponsored content being bought back into $MAINST. Therefore returning value to the Main Street and its investors through deflationary tokenomics that burn supply while redistributing tokens to investors on every buy/sell/transfer.

Tokenomics

$MAINST has a 10% tax that employs deflationary and redistributive mechanics. Having a fixed token supply that decreases through a 5% Burn allocation on every buy/sell/transfer of tokens, while also redistributing 3% directly into current holders wallets. The remaining 2% of the tax is redistributed into the Marketing Wallet to supply funding for the growth and progression of Main Street and a weekly $MAINST Token lottery to the Money Monkeys. No mint function in the contract ensures that token supply will never be inflated. Making $MAINST a completely deflationary, value driven token which rewards long term holders.
10% Tax, how does it benefit holders? 5% Burn Creating a consistently rising floor floor while effectively leaving 5% of every transactions BNB in the $MAINST LP
3% Immediately Redistributed to Holders Continuous dividends paid to holders automatically on all buys/sells/transfers
2% Marketing Wallet Used to fund weekly $MAINST lottery to the Monkeys and other project development.

Additional $MAINST Burn Mechanisms

Main Street's deflationary tokenomics mean that its financial value is reliant on volume, burning of supply, and redistribution to holders. To help provide a non-volume based reduction of supply and ensure consistent value return to holders a timed burn schedule will be implemented. 50 Billion $MAINST will be burnt every Friday through the end of Q4 starting Nov. 12, 2021. This will result in 3 Trillion tokens being removed from the supply over the course of that time period.
Additional burn mechanisms are provided to $MAINST token by Money Monkeys through secondary sales tax, which will be used to fund buy back and burns of $MAINST token. Along with a 7% allocation of $BananaBag profit distribution being used in the same manner.
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Vision
Tokenomics
Additional $MAINST Burn Mechanisms