# MGL TOKEN

MGL is the ecological governance token of MGland.

Total supply: 3.3 billion tokens

<table><thead><tr><th width="291">Token round</th><th width="132">Proportion</th><th>Token Release</th></tr></thead><tbody><tr><td>Advisors</td><td>2%</td><td>Initial lock-up 3 months, then 0.05% (1,650,000 MGL）unlocked per month for 40 months</td></tr><tr><td>Team</td><td>18%</td><td>Initial lock-up 12 months, then 0.375% (12,375,000 MGL）unlocked per month for 48 months</td></tr><tr><td>Partners (Used to attract more famous brands, IP and developers to Join MGLand)</td><td>10%</td><td>2% (66,000,000 MGL）unlocked at launch, after 3 months,then 0.1667% (5,500,000 MGL）unlocked per month for 48 months</td></tr><tr><td>ECO (Used to encourage land owners、 players、creators to participate in various activities on MGLand)</td><td>45%</td><td>3%(99,000,000 MGL）unlocked at launch, after 3 months,then 0.875% (28,875,000 MGL）unlocked per month for 48 months</td></tr><tr><td>Community DAO<br>(Used to encourage continuing contributor)</td><td>25%</td><td>5%(165,000,000 MGL）unlocked at launch,after 3 months,then 0.4167% (13,750,000 MGL）unlocked per month for 48 months</td></tr></tbody></table>
