3. Token Distribution: $SHD

Token Distribution:

As ShardingDAO's governance token, $SHD will be distributed as below:
Liquidity Mining (56%): distributed to the public through liquidity mining.
Marketing & Airdrop (13.33%): reserved for Marketing and Airdrop to incentivize users.
Investors (13.33%): reserved for future investors.
Developer DAO (17.34%): reserved for developers, released along with protocol liquidity mining.
Distribution
Percentage
Mining
16,800,000
56%
Marketing Mining & AirDrop
4,000,000
13.33%
Investors
4,000,000
13.33%
Developer DAO
5,200,000
17.34%
Total
30,000,000
100%

$SHD Distribution Mechanism of Mining Phase 2:

  • Total Token Supply: 21 million (95% for Ethereum, 5% for BSC)
  • Distribution Rules: 80% (16.8M) goes to mining users and 20% (4.2M) goes to Developer DAO.
  • Halving Plan: There will be a halving every 4 years (Ethereum: 6,496 blocks generated in one day; BSC: 28,800 blocks generate in one day)
Release Rule - Ethereum
Release Rule - BSC
Cumulative Output
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