$MMT and its utilities in Stations Launch
Stations Launch’s first release is imminent. Now, you may wonder how $MMT will be used in the application. While you can read this article for further information, these are the additional utilities which would be implemented as Stations Launch gets released.
Stake $MMT for Rewards and vMMT
On Stations Launch, users will be able to stake MMT to earn staking yields and vMMT. vMMT is (virtual MeMusic Token) is a virtual token that will allow users to preserve allocations or earn airdrops on the platform. Longer staking periods will not only return more MMT yield but also provide more vMMT.
Preserve Allocation
When a sale opens on Stations Launch, users will be given time to ‘commit’ their staked vMMT. Allocation will be distributed based on the individual committment divided by the collectively collected vMMT. For example, if a sale collects 20,000 vMMT, the allocation will be distributed based on the ratio between the individual committments to the collected amount.
Earn Airdrops
When a marketing campaign opens on Stations, 30% is dedicated towards $MMT Stakers. Based on their staked amounts, users will get an airdrop. It is important to note that stakers will also have to complete the marketing missions set by the project or user to receive an airdrop.
