Tokenomics
Tokenomics info for eMDR & MDR
eMDR Token Info
eMDR is Ethereum Modulr. It's an ERC-20 token backed 1:1 by MDR on the native chain. Once Modulr's mainnet launches (scheduled for early Q2 2026), users will be able to bridge back and forth between eMDR on Ethereum and MDR on Modulr.
Think of it in the same way that Bittensor TAO has TAO on their core blockchain, but it's called wTAO when it's Ethereum-based wrapped TAO. Same thing with Modulr, except the Ethereum-wrapped token (eMDR) came first and the native token (MDR) launches next.
eMDR has a capped supply of 1,000,000 tokens with the following distribution schedule.
Initial eMDR Token Distribution
Initial Liquidity
15.00%
Future Liquidity
10.00%
Seed Sale
5.00%
Strategic Sale
10.00%
Marketing & OPEX
15.00%
Treasury & Testnet
35.00%
Team
10.00%
eMDR Vesting Schedules
Initial Liquidity: 100% Unlocked at TGE
Future Liquidity: Multi-Sig Locked
Seed Sale: 20% TGE | 10-day cliff + 5 months linear
Strategic Sale: 30% TGE | 10-day cliff + 3 months linear
Marketing & OPEX: 25% TGE | 6 months linear
Treasury & Testnet: Multi-Sig Locked
Team: 12 month cliff + 12 months linear
As of this writing (late Nov. 2025), ~85% of eMDR tokens are already in circulation. The tokens that have not yet been unlocked are largely from the Marketing & OPEX and Team allocations.
MDR Token Info [UPDATED]
MDR will inherit the same capped token supply of 1,000,000 tokens as eMDR.
Since both eMDR and MDR are Modulr tokens, they will share this total supply of 1M tokens. The supply of eMDR + MDR can never be greater than 1,000,000.
For example (assuming all vesting unlocks have finished), if there are 750,000 eMDR tokens in circulation, then there would be 250,000 MDR in circulation. This is because whenever someone bridges eMDR to MDR, the eMDR is first burned then the MDR will be minted on Modulr's mainnet to maintain a total supply of 1M Modulr tokens (regardless of which blockchain they live on). So in this case, 250,000 eMDR was burned to created 250,000 MDR.
Introducing: The Modulr Ecosystem Fund
Over a third of the original eMDR token allocation was reserved for Treasury & Testnet incentives.
Going forward, this original allocation, plus additional funds from Marketing & OPEX and Future Liquidity—a total of 40% of eMDR/MDR supply—will be dedicated towards our new Modulr Ecosystem Fund.
Modulr Ecosystem Fund
Builder & Developer Grants Support for tools, integrations, robotics projects, AI deployments, and open-source contributions built on Modulr.
Partner Incentive Programs Rewards for robotics fleets, AI model providers, compute partners, and enterprises integrating with Modulr’s co-chains.
User Growth & Engagement Programs that incentivize teleoperation sessions, AI usage, community referrals, ambassadors, and testnet participation.
Product Development & R&D Funding for upgrades to teleoperation, AI/compute layers, UX improvements, and security/audit/bug bounties.
Marketing & Ecosystem Expansion Strategic campaigns, content partnerships, demos, regional community growth, and brand collaborations.
Validator Incentives Support for early validator onboarding, long-term validator rewards, uptime bonuses, and decentralization programs as the network scales.
The Ecosystem Fund is how we'll expand our network, grow our user base, incentivize builders to build on Modulr, and vastly improve our product offering—WITHOUT diluting the supply (and tanking the value) of Modulr's token.
These programs will roll out progressively beginning with testnet in Q4 2025.
The Best Part?
Once the Ecosystem Fund is depleted, Modulr will buy MDR off of the open market to continue to pay validators & other service providers for the network.
In other words—instead of a seemingly endless supply of new tokens coming on the market with validators and users racing to sell them first, users and validators alike will both have a greater incentive to hold because Modulr will be buying back tokens on the open market, creating a flywheel effect.
This MDR will be purchased with revenue accrued through remote teleoperation software licensing, marketplace transactions, partner integrations, and robot sales.
The Modulr Ecosystem Fund and tokenomics plan creates a long-term framework built for stability: as the network grows, demand for MDR grows with it—anchored by real usage, not inflation.
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