#termmax @TermMax I seen TMX total supply is capped at 1 billion tokens. Out of that, 4%, 40 million tokens, is set aside specifically for early user incentives through a pre-mine program.
Here's how it actually works. The pre-mine runs through monthly campaigns starting from mainnet day one. During each campaign period you accumulate pre-mined TMX based on your activity. Those tokens stay non-transferable until shortly after the Token Generation Event, at which point you can claim them.
No live price to attach to any of this yet since TGE hasn't happened. So I can't tell you what your accumulated TMX is worth in dollars right now, and honestly, anyone doing that math for you is making it up.
What I can say, 40M out of 1B for early incentives is a moderate allocation, not the kind of huge airdrop percentage that usually signals heavy future sell pressure right after listing.
I think @TermMax isn't some anonymous team throwing a whitepaper online. Backed by Cumberland, which is DRW's crypto trading desk, one of the older and more established players in this space, not a name that shows up on random low effort projects.
Curators running vaults on the platform include MEV Capital, Keyrock, AlphaPing, Edge Capital, Origami Crypto, Hardcore Labs, and Clearstar Labs. These are the entities setting rates and allocating deposited funds across markets. If you're a passive lender, your yield depends heavily on how well these curators manage risk, so who they are actually matters here.
I don't take institutional backing as a guarantee of anything, plenty of backed projects still underperform. But it does tell me due diligence happened somewhere before launch, which is more than I can say for half the tokens I have seen on CreatorPad this year.