What Is Minerva Wallet SuperToken (MIVA)?
The Minerva Wallet SuperToken (MIVA), is a ERC-20 compatible utility token, planned to provide a wide range of benefits and incentives for Minerva Wallet users. Minerva Wallet itself is a mobile wallet that currently supports Ethereum, xDai Chain, ARTIS ∑1 and POA Core aswell as the test networks Rinkeby, Ropsten, Görli, Kovan, ARTIS τ1, POA Sokol and LUKSO L14. You can create multiple accounts to manage your assets, connect to DApps with WalletConnect, create Decentralized Identifiers (DIDs) and soon you will also be able to buy cryptocurrencies directly in the app itself.
What Makes Minerva Wallet SuperToken Unique?
Minerva Wallet SuperToken is a utility token, planned to provide benefits and incentives for Minerva Wallet users.
The MIVA token can be freely transferred between accounts and exchanged for other assets on the xDai Chain as well as moved to other chains via established bridges.
It is also the first token that supports streaming natively. This means that you can stream your MIVA token to other accounts continuously as long as the network you want to do that on supports streaming.
Probable future use cases for the MIVA token:
- Referral campaigns
- Completing tasks and promo actions
- Premium features access
- Special recovery service
- Discounts on swaps
- Discounts on crypto purchases
- Transaction fee payment
- Prioritized personal support
- Feature voting rights
How Many Minerva Wallet SuperToken Are There In Circulation?
The max supply of 1 billion will be distributed as follows:
The largest portion of the token supply is reserved for the user engagement (40%) and the Minerva Wallet community (15%) in order to scale up the token economics for the Minerva Wallet. The team (15%) will receive tokens in line with a vesting strategy through streaming and the reserve (30%) is not touched as long as other important pools are not depleted.
With various incentive and rewarding programs the circulating supply will be gradually increased over time and will depend on the monthly active users of the Minerva Wallet. More details will be presented once the Minerva Wallet is made available to a broader audience.
Where Can I Buy MIVA?
Right now MIVA can only be traded on decentralized exchanges (DEXs) like Honeyswap on the xDai Chain, with cryptocurrency and stablecoin pairs like MIVA/xDai and MIVA/HNY.
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