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description: Where do my Waifu rewards go?
---

# Maidverse Distribution

As mentioned earlier Maidverse governance/proposals takes place here: [https://gov.maidcoin.org/#/](https://gov.maidcoin.org/#/)

[66,000 $MAID was minted](https://etherscan.io/tx/0x4dc73fed9f969612f2e6f0eb97f82e9c217c5fa8178926d58e11a8901f71fae4) and this amount was allocated for our IDO campaign. Specifically, 30,000 $MAID was offered for the public using [SushiSwap’s MISO platform](https://miso.sushi.com) and sold out within 20 minutes raising an astounding 440 ETH ($1,683,000). An additional 3,000 $MAID for marketing purposes in partnership with [Attrace](https://attrace.com). The other 33,000 $MAID was locked in a [AuctionVault](https://etherscan.io/address/0x21e5d7ab4bbdcFc25cb09C8948e6485729246b0a) contract that guarantees that no-one can take it out. After the IDO was completed, the ETH funds we raised + 33,000 $MAID were used to create a [SushiSwap](https://sushiswap.com) LP tokens.

The rest of the $MAID token supply will be emitted to liquidity providers who support the Maidverse ecosystem through NFT creation or staking. We delicately designed the emission rate of $MAID coin to benefit early adopters most who would help our ecosystem grow by voluntarily creating farms(Nurse NFTs) for others to join/support.

While 1 $MAID will be minted per block for the first quarter, 0.5 $MAID for the second quarter, 1/3 $MAID for the third quarter, and so on. The formula is

y = i / x **|** where y = emission rate, x = quarter number and i = initial emission rate which is 1.00

A total supply of 1,095,000 $MAID is scheduled to be minted in the 1st year. It reduces to 333,506 in the 2nd and 202,542 in the 3rd year and continues to follow this formula for following years.

![](https://3969321810-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7U9U6eILiNWc0DBeET8S%2Fuploads%2Fgit-blob-4808b4921887cbfc5f21eade2f64a4dc5079e342%2Fimage.png?alt=media)
