⚙️Utilities

$MOON stands as a utility token for our platform, designed for enhancing user engagement through governance and promoting token stability via a buyback and burn policy.

Token Functions:

• Buyback & Burn: A fundamental characteristic, 0.15% of the protocol fees is dedicated to purchasing $MOON tokens from the market. These tokens are then permanently burned, making the overall supply deflationary.

• Governance: $MOON also serves as a governance token, granting holders the right to influence the platform's direction and policies by voting on various proposals and initiatives.

• Exclusive Holder Lottery: Holders of $MOON tokens with a balance of 10,000 or more are granted the chance to participate in the Full Moon Holder Lottery for a chance on the biggest jackpot.

• Enhanced Odds: If you hold at least 10,000 tokens, your chance of winning a Golden Lottery Ticket is doubled.

Governance

Our governance model revolves around transparency, ensuring that each holder has a voice in directing our platform's progress. While today the system is managed by the Moon team's proposals, it's designed with the future in sight – a future where the community's involvement deepens.

1. Making Proposals: Currently, the Moon team leads the charge by introducing proposals. This allows us to lay a stable foundation while keeping our sights set on expanding proposal privileges as our community grows.

2. Community Discussions: Initiatives proposed by the Moon team are opened for community discussion to gather invaluable feedback and insights that help refine and improve each idea.

3. Voting with Vision: The power of progress is in our collective hands. Through a transparent voting system, holders have the opportunity to shape the outcome of each proposal.

4. Transparent Action: Decisions that make the cut are meticulously implemented and recorded on the blockchain, marrying innovative ideas with the integrity of observable action.

Looking Ahead:

• Feature Evolution: As our community’s needs evolve, so do our features. The feedback and perspectives shared by our users directly influence the platform's continuous improvement, ensuring the Moon Ecosystem is truly created to serve its community.

• Future Expansion: Potential elements like a community-driven fund could emerge down the road, amplifying the community's role in shaping our ecosystem's trajectory.