What is $MNGO Token?

$MNGO token is a fungible token built on Hedera with 50,000,000 supply. It is the token that represents the Pandamania Collections (Hashmingos, Lady Mingos, and Panda Syndicates) and used within its community. This utility token offers different usages and activities that keeps the community engaged while rewarding them for being a supporter. Mingo’s World or Pandamania ecosystem is built around the usage of MNGO and creating more and more ways to help maintain its importance and usage throughout the entire Hedera, including making important partnerships to take the token to the next level.

$MNGO Rewards

$MNGO Staking Rewards & Halving

On January 15th, 2023 $MNGO halving process goes into effect. This will help reduce the amount of $MNGO that is being distributed weekly. Also decreases the selling pressure our token faces on Saucerswap, upholding its value longer. In Q2 we will start to gradually buy back $MNGO, as we reach the targeted distribution amount.

Notable Changes:

Jan 15th, 2023
- Hashmingos 20 MNGO weekly into 10 MNGO weekly
- Lady Mingos 70 MNGO weekly into 35 MNGO weekly
- Panda Syndicates 60 MNGO weekly into 30 MNGO weekly
- Mutant Panda Pandas 77 MNGO weekly into 50 MNGO weekly (multiplers)

Feb 19th, 2023
- Hashmingos 10 MNGO weekly into 5 MNGO weekly
- Lady Mingos 35 MNGO weekly into 20 MNGO weekly
- Panda Syndicates 30 MNGO weekly into 20 MNGO weekly
- Mutant Panda 50 MNGO weekly into 40 MNGO weekly (multipliers)

March 19th, 2023 - Final Rates
- Hashmingos 5 MNGO weekly into final 0 MNGO weekly
- Lady Mingos 20 MNGO weekly into final 0 MNGO weekly
- Panda Syndicates final 10 MNGO weekly
- Mutant Panda final 30 MNGO weekly (multipliers)

Note: With the new staking rewards plan we will reduce $MNGO distribrution by over 250k $MNGO weekly, from 400k plus to under 150k $MNGO given out weekly.