Fee Capture Model
In the Morpheus Metaverse, we focus on long-term economic sustainability and stability In order to maintain the success of these focus areas, we have establish a mechanism in which we charge 5% of all transactions that occur in the Metaverse in DEN (Transaction Fee). The transaction fee is allocated as follows, 20% to a ‘Staking Pool’ as a reward for DEN token holders, 20% to an 'Economy Development Pool', 40% to an ‘Operation Pool’ used for operating costs for the company, and the remainder to the amount of 20% is burned.
Staking Pool
Staking pools hold DENs that are rewarded to token holders who have staked DENs in our staking pool. These staking pools are designed to provide passive revenue to token holders. All tokens streamed from the free capture model into this pool will be allocated to the liquidity pool to provide liquidity for the DEN token. All token holders will be rewarded with the transaction fee depending on staking amount.
Economy Development Pool
The role of the economic development pool is to support the ecosystem of Morpheus by offering grants to incentivise the production of high-quality content on the platform, and grant rewards for special events in Morpheus to promote engagement and creativity. With time, control of this pool will be handed over the Morpheus team to users in the community who hold DENs and are qualified to be our governance members. All token streams from the fee capture model in this pool will be locked up for 6 months before they can be used as grants.
Operation Pool
Operation pool is used for the company expense and overhead to operate and maintain functioning of the Morpheus Metaverse. The initial pool is 150,000,000 DEN with a lockup period of 3 years, and there will be a continuous flow of DEN from the fee capture model. This pool will slowly be released and sold into the market to pay for the company expense and overhead.
Burn Pool
Burn pool is used for controlling inflation in the Metaverse to maintain the token value of DEN for share- and stakeholders.
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