TOKEN
MRD is the native token of the Meridian Chain — used for fees, staking, governance, and as collateral within the protocol.
Total supply
1,000,000,000 MRD
Initial circulating
~150,000,000 MRD
At mainnet genesis
Inflation rate
8% → 2%
Decreasing annually over 10 years
Fee burn
Variable
25% of all network fees are burned
DISTRIBUTION
Emission directed to masternodes and delegators over 10 years
Grants, liquidity programs, and strategic partnerships
4-year linear vest with 1-year cliff
Institutional round, 2-year lock, 3-year linear vest
Distributed to early testnet users, bridge LPs, and active community members
UTILITY
All settlement fees for anchoring, trading, and withdrawals are paid in MRD. A portion is burned, creating deflationary pressure as network usage grows.
Masternodes must stake a minimum of 10,000 MRD to validate. Delegators can stake any amount to any masternode and earn a share of rewards.
MRD stakers vote on fee schedules, supported collateral types, treasury grants, and protocol upgrades. Voting power is proportional to stake duration.
MRD can be used as collateral in Meridian's lending vaults and RWA markets, alongside anchored BTC, ETH, and stablecoins.