Metawhale Gold price 

MWG

MetaWhale Gold is a new paradigm in elastic supply tokenomics. It employs a self-renewable deflationary monetary policy that’s reportedly backed by self-filling reserves of tokenized and redeemable physical gold. MetaWhale Gold integrates the category of Value MetaWhale as it establishes its value from its reserves of tokenized gold, an asset that has the longest track record as a reliable store of value.

With MetaWhale Gold, deflation happens at the same time the protocol fills its own reserves. In doing so, the protocol allows all market participants to make the most out of a deflationary model whilst knowing to a deterministic certainty that their MetaWhale Gold holdings are backed by reserves of tokenized physical gold.

MetaWhale Gold Supply:

Initial Total Supply: 1,000,000 MWG

Every MetaWhale Gold Buy:

Burns 1.25% of the total transaction value. Sends 1.25% of the total transaction value to MetaWhale Gold reserves.

Every MetaWhale Gold Sell:

Burns 2.50% of the total transaction value. Sends 3.75% of the total transaction value MetaWhale Gold reserves.

MetaWhale Gold Reserve:

Reserve Asset: Paxos Gold (PAXG)

MetaWhale Gold Liquidity:

Provided and locked during the launch Auto-liquidity provision built into the Reserve Actions.