6.2 Tokenomics and Incentive Scheme
The MAN token underpins Matrix’s economic engine, driving utility across operations and aligning incentives for all stakeholders.
Use of MAN
Function
Description
Platform Fees
Micro-fees (0.5%) for asset creation, auctions, and governance actions
Deflation Mechanism
Buyback and burn protocol triggered by fee revenue
Governance Rewards
Incentives for active voting and proposal creation
Staking Yield
Enhanced voting power and proposal rights for MAN stakers
Ecosystem Grants
Foundation reserves for community initiatives and developer funding
Every incentive mechanism is automatically executed via Intelligent Contracts, minimizing manual intervention and boosting transparency. For example, in governance rewards, once a participant casts a vote on a proposal, the contract automatically distributes MAN tokens based on voting weight. If the participant is also the proposer, their reward adjusts dynamically based on the proposal’s approval rate—encouraging high-quality submissions.
Incentive Scheme
Governance Participation: Periodic rewards for active voters and proposal authors
Content Creation: Incentives for educational media, analytics, and community engagement
Development Contributions: Grants for protocol improvements and feature implementations
Bug Bounties: Rewards for security audits and vulnerability disclosures
Last updated