TechFlow news: The gaming guild Merit Circle DAO has proposed a new initiative to allocate resources in support of Beam's development.
The proposal includes the following:
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Up to 75 million MC tokens will be allocated from the Merit Circle DAO treasury to support Beam’s liquidity, game developer incentives, and validator node rewards. These tokens cannot be directly sold; they will only enter circulation through AMMs and fee accrual mechanisms.
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Up to 2.7 million USDC will be allocated from the Merit Circle DAO treasury for Beam ecosystem product development. Of this amount, 200,000 USDC will be used for AMM liquidity. Any unused funds will be returned to the MC DAO.
Beam aims to become a blockchain optimized for game development, enabling developers to easily and affordably integrate blockchain features into their games.
MC tokens will serve as gas fees on Beam, underpinning all transactions. This move by MC DAO is intended to leverage Beam’s growth momentum while also expanding the utility and use cases of the MC token.
