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Mushe (XMU) is a decentralized token that facilitates peer-to-peer interaction, rewards, and governance. It plays a crucial role in the Mushe ecosystem by providing liquidity to their exchange and creating a harmonious user experience. The mission of Mushe is to increase accessibility to digital assets for everyday individuals and promote blockchain adoption. They aim to educate the masses on digital currencies and financial management, striving to make a social impact.
Currently built on the Ethereum blockchain, XMU intends to migrate to Stellar’s open network. Stellar is known for its low transaction costs and financial inclusion for the underbanked population. By joining the fastest-growing ecosystem for NFTs and play-to-earn gaming, MusheVerse, XMU aims to expand its offerings and services. Additionally, Mushe is exploring opportunities on Solana, a decentralized blockchain designed to scale user-friendly applications.
With a total supply of 624,107,174 XMU tokens, Mushe ensures transparency and accountability in releasing assets. They allocate tokens for presale, exchange listings, reserve capital, marketing, founders and team, dev wallet, community fund, advisories and partners, and charity. The team’s tokens are locked for the first three months and gradually released to a shared wallet every quarter. Tokens reserved for advisors and partners are also locked for 12 months. Mushe levies a 3% sell tax, with token redistribution, marketing, and LP admission fees each accounting for 1%.
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