Section 4 – Tokenomics

📘 MUY Token White Paper – Section 4: Tokenomics

“A simple structure, rooted in real value. Engineered for clarity and confidence.”

---

🔢 4.1 – Total Supply: 1,000,000 MUY-A Tokens

MUY-A is a fixed-supply security token, capped at 1,000,000 tokens. This supply is permanently capped — no future minting.

Each token represents:

• A proportional claim on net income (NOI) from the MUYALTA property

• A proportional claim on the Net Asset Value (NAV) of the project

• Governance rights (for eligible DAO Builder Tier holders)

📌 Key Token Supply Facts

Feature	Value
Total Tokens	1,000,000 MUY-A
Decimals	0 (whole token only)
Standard	ERC-3643 / ERC-1400
Chain	Polygon (Ethereum Layer 2)
Type	Security Token (Equity-backed)
Inflation	❌ None
Burn Mechanism	✅ Treasury buybacks
Audit	Q3 2025 (CertiK or Hacken)

🧠 What You Own Per Token

Holding	Your Claim
1 token	0.01% of NOI and NAV
10,000 tokens	1% of the project
50,000 tokens	5% of income + voting rights
100,000 tokens	10% of income + governance control

MUY doesn’t change the rules. It just puts them on-chain.

---

💵 4.2 – Price Ranges: Private ($2.50–$2.75), Public ($3.00–$3.50)

“Early commitment is rewarded. Public access is respected. Everyone wins.”

🟢 Private Sale (DAO Builder Tier)

Feature	Details
Price	$2.50–$2.75 USD/token
Min Allocation	$50,000 (DAO Builder Tier)
Supply	Up to 500,000 tokens
Lock-up	12 months
Benefits	Governance, early payouts, MUY-B access

🔓 Public Sale (Open to All)

Feature	Details
Price	$3.00–$3.50 USD/token
Minimum	$300 USD (100 tokens)
Payment	USDC, USDT, ETH, BTC, wire, Stripe
Wallets	Custodial/non-custodial supported
Supply	Up to 500,000 tokens
Lock-up	12 months

📈 Why This Pricing Model Works

Benefit	Explanation
Fair Access	Tiered entry with transparent terms
Growth Curve	NAV grows as construction progresses
DAO Alignment	Private round drives governance
Anchored in NAV	Projected NAV Year 1 = $4.00

🧮 Projected Appreciation

Entry Price	Y1 NAV	Gain
$2.50	$4.00	+60%
$2.75	$4.00	+45%
$3.00	$4.00	+33%
$3.50	$4.00	+14%

---

🧭 4.3 – Use of Funds: Land, Legal, Construction, Treasury

“A dollar raised has a purpose. A token issued has a mission.”

🏗️ MUYALTA Capital Allocation

Use	Allocation	Notes
Land	$300,000 (10%)	Already secured
Legal & Compliance	$150,000 (5%)	Permits, KYC, SPV setup
Construction	$2,350,000 (78%)	Fixed-cost, 12-month contract
Treasury & DAO	$200,000 (7%)	DAO ops + buybacks

✅ What Makes This Unique

• Permits approved

• Legal structure ready

• Construction fixed price (NAIA + Grupo 3)

• On-chain treasury from Day 1

🔐 Treasury Oversight

• DAO vote required for large spends

• Multisig control

• Buybacks, reinvestments, bonuses all DAO-governed

---

🔒 4.4 – Vesting Schedule & Lock-Up Rules

“You can’t build something real with fast money.”

⏳ Lock-Up: Public & Private Investors

Category	Lock-up	Transferable?
Private Sale	12 months	❌ No
Public Sale	12 months	❌ No

👷‍♂️ Founders & Strategic Partners

Role	Schedule	Notes
Founder	24 months	Monthly vesting
Marketing/Ops	18 months	DAO-controlled bonuses
Developer	24 months	Unlocks post-launch

🔐 Enforcement

• Smart contract logic

• Viewable on-chain

• Tied to whitelisted wallets

• DAO vote required for modification

---

🔁 4.5 – Treasury Buyback Program

“Liquidity isn’t a luxury — it’s a responsibility.”

💼 How It Works

1. Treasury retains 15% of NOI

2. Buyback fund grows each quarter

3. DAO votes on buyback window, pricing

4. Smart contract executes at NAV (or terms approved)

📈 Buyback Pricing Models

Model	Logic
NAV Peg	Buy at current NAV
Discount	NAV − 10%
Premium	NAV + DAO-voted % (bullish markets)

🔒 Safeguards

• DAO vote required

• Buyback budget capped quarterly

• Burn logic on-chain

---

📊 4.6 – Revenue Forecast & Yield Model (~11.5%)

“This isn’t speculation. It’s cashflow.”

🏘️ Income Sources

Source	Description
Residential Units	Short & mid-term rentals
Commercial Tenants	Medical, legal, pharmacy

🔍 Forecast Assumptions

Variable	Value
Occupancy	75%
Net Margin	55%
Yield	~11.5% net
Frequency	Quarterly (USDC/USDT)

📈 5-Year Forecast

Year	Gross Rent	NOI	85% Distribution	Est. Yield
1	$420K	$231K	$196K	6.5%
2	$480K	$264K	$224K	7.5%
3	$525K	$289K	$245K	8.2%
4	$575K	$316K	$269K	8.9%
5	$630K	$347K	$294K	9.8%

💵 Example Payouts

Tokens	Quarterly Payout @ 11.5%
1,000	~$86.25
10,000	~$862.50
50,000	~$4,312.50

---

🚀 4.7 – Long-Term Appreciation (~14%)

“Income is just the beginning. Appreciation is the multiplier.”

🏗️ Post-Construction NAV

Stage	NAV	NAV/Token
Pre-Construction	$3M	$3.00
Post-Year 1	$4M	$4.00

📊 5-Year Forecast @ 14%

Year	NAV	NAV/Token	Growth from Y0
0	$3M	$3.00	—
1	$4M	$4.00	+33%
2	$4.56M	$4.56	+52%
3	$5.20M	$5.20	+73%
4	$5.93M	$5.93	+97%
5	$6.76M	$6.76	+125%

📌 Drivers of NAV Growth

• Regional demand (Playa del Carmen)

• Inflation-linked rent increases

• DAO-funded improvements

• Series branding recognition

---

Next: Section 5 – DAO Governance