About Makina

What is Makina (MAK) in simple terms?

Makina is a non-custodial DeFi execution engine where pros and AI agents run cross-chain strategies through programmable vaults called “Machines.” It’s infrastructure, not hype: deposit crypto, receive a Machine Token (ERC-20) that tracks your share while Operators execute within strict onchain risk limits. Worth noting: atomic unwinds and real-time controls are core design choices.

How does the MAK token function inside the protocol?

MAK is the network’s coordination layer. It governs parameters, captures protocol fees, and is planned to be staked as veMAK for fee-sharing and voting. In short, the token aligns Operators, depositors, and governance. You might wonder about timelines—governance activation and veMAK mechanics are slated post-TGE.

What’s known about supply, allocation, and philosophy?

Makina follows a “crypto-native” distribution model: one strategic round and one ICO at the same price, high float, and “no large cliffs.” The full allocation table and supply data will be released alongside tokenomics. The goal is simple—avoid sharp unlocks, keep incentives fair, and ensure a wide distribution of the coin.

How are vesting and unlocks structured?

Priority ICO participants unlock 25% of their tokens at TGE, with the remaining 75% vesting linearly over nine months. Public sale participants on Legion receive 100% at TGE. The design aims to prevent steep sell-offs while maintaining early liquidity for contributors. No large unlock cliffs have been announced.

Who funded Makina, and how much was raised?

Makina raised $3.0M USD in a strategic round on June 25, 2025, at a $35M FDV. Investors include Bodhi Ventures, Interop, and cyber Fund on the venture side, alongside angels such as Aleksander Larsen, Ryan Zurrer, Cozomo de Medici, Ivangbi, Adrian Brink, Dan Reecer, and Robinson Burkey. The same pricing applies to the upcoming IDO on Legion.

What are “Machines” and their tokens (DUSD, DETH, DBIT)?

Machines are strategy-specific vaults that mint ERC-20 Machine Tokens (e.g., DUSD, DETH, DBIT) representing your share. Deposit usd- or usdt-based liquidity and receive a token that’s portable and redeemable. Operators like Dialectic manage strategies under onchain risk controls. Why does this matter? Because transparency and composability make these vaults audit-friendly.

What happened in Season 0 and Season 1?

Season 0 ran from September 29 to end of October 2025, bootstrapping liquidity and distributing Points and Tickets for priority ICO access. Users could hold or deposit Machine Tokens on Curve to earn up to 2.4× multipliers through weekly boosts. Season 1 then activated live strategies run by Dialectic, shifting from testing to full operation.

Is MAK trading now? Where will it list?

As of November 2025, the token remains premarket/not_trading. The IDO on Legion—a compliance-focused launchpad—is scheduled for early November with 25% liquidity for priority participants and full unlock for public buyers. Initial listings are expected on Ethereum-based DEXs, with CowSwap already supporting Machine Token liquidity routes.

What’s on the roadmap after TGE?

After TGE, the focus moves to governance activation, veMAK staking, and expansion of Operator networks. More Machine strategies, cross-chain integrations, and onchain risk tooling (like Wormhole CCQ accounting) are coming next. You might see veMAK-based fee sharing and new Operator slots rolled out in phases through late 2025.

What are the main risks I should weigh?

Smart-contract risk exists despite multiple audits and bounties. Cross-chain complexity adds operational and oracle layers that can fail under stress. Market downturns or poor Operator performance may cause losses or IL. Regulatory risk lingers too—tokens and vault shares might be treated as securities depending on jurisdiction. In short: advanced rails, non-trivial risk.