Overview
Tokenomics
- The total of SIL is 30,000.
- Minted in a near-linear fashion in approximately 6 months.
- All tokens are minted, no pre-allocation
- The Community will share 68% of the total minted tokens from liquidity mining.
- The Governance Treasury will share 15% of the total minted tokens from liquidity Governance Treasury will be protected by Voting Contract, Multi- Sign Contract and TimeLock Contract
- The developing team will share 17% of SIL from liquidity mining when user withdraw funds, and the developing team will share no other profits
The developing team will use the token to cover:
- Payroll
- Regular on-chain operations (price feed, SIL repurchase and return to the mining pool)
- Future product development and operating expenses