ShardingDAO Handbook
  • ShardingDAO
  • 1. Introduction to ShardingDAO
    • 1.1 Introduction
    • 1.2 Terminology
    • 1.3 Fragmentation & Subscription
    • 1.4 Secondary Market
    • 1.5 Liquidity Mining (Mining Phase 2)
    • 1.6 Mining Phase 1 vs Phase 2
    • 1.7 Buyout Tender Offer
    • 1.8 Incomes & Dividends
    • 1.9 Bridge
    • 1.10 Token Bar
  • 2. Launch Plan
  • 3. Token Distribution: $SHD
  • 4. Referral Mechanism
  • 5. Black List & White List
  • 6. Tutorials
  • 7. DAO Governace Committee
    • Introduction to DAO Governance Committee
  • 8. FAQ
  • 9. Roadmap
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3. Token Distribution: $SHD

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Last updated 4 years ago

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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