> For the complete documentation index, see [llms.txt](https://docs.mmt.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mmt.finance/overview/mmt-token.md). # MMT Token ### Token Allocations The $MMT token allocation strategy prioritizes rewarding community contributors and distributing resources to the ecosystem’s major builders. The resulting distribution reflects our commitment to community participation and collaborative, sustainable ecosystem.
### Token Vesting & Unlocks $MMT’s vesting and unlock schedules are designed to promote long-term alignment between Momentum’s core mission and the community who comprise its thriving ecosystem. To this end, initial unlocks in the first 12 months post-TGE are entirely ecosystem and community based; 20.41% of the total token supply unlocks at TGE, of which 11.41% is from the Public Sale and Community allocations. None of the team and investor supply will be unlocked at TGE. Instead, investor allocations will unlock gradually over 48 months following a 12-month cliff, while team allocations will remain fully locked for the first 48 months following TGE.
### MMT Token Utilities **Bonding Mechanism**: MMT serves as the governance token of the Momentum ecosystem. It adopts a voted escrow (veMMT) model, where bonding MMT generates veMMT. This mechanism grants governance power proportional to both the amount of MMT bonded and the duration of the lock, aligning incentives between token holders and the long-term health of the protocol. **Governance & Participation**: veMMT holders can actively participate in protocol governance by voting on improvement proposals, parameter changes, emission distributions, and the evolution of governance structures. This system is designed to encourage both active participation and long-term alignment with the ecosystem. **Community Rewards**: MMT is integral to the Momentum ecosystem, intended to drive on-chain activity, protocol growth and community participation. Users who provide liquidity, trade, vote, or otherwise contribute to ecosystem growth can qualify for rewards. This structured distribution encourages sustainable expansion and rewards meaningful participation. **Privileged Access**: Holding veMMT also unlocks privileged access to Momentum’s ecosystem, including early participation in new yield vaults, priority allocations in the Token Generation Lab (TGL), and beta access to upcoming products and features. **Disclaimer** MMT does not represent ownership, income rights, or any form of security interest. It does not guarantee future price appreciation or market performance. Its sole purpose is to enable utility and participation within the Momentum protocol.
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