Voting and Rewards

Only the Halo has the power to vote on proposals, with each wallet or NFT granted one vote per proposal. To participate, voters must have at least 8,700,000 M87 tokens staked. Rewards from successful proposals are distributed based on each wallet or NFT’s staked position along a linear bonding curve relative to its share in the rewards pool(s).

When a proposal passes, an immutable smart contract executes a market buy of the token listed in the proposal using its address, then distributes the acquired tokens as follows:

• 87% is held in the treasury until the cycle ends

• 12.13% is distributed to all stakers in the regular pool (including NFT holders)

• 0.87% is reserved for NFT holders in an exclusive additional pool