SCA

Scallop Token Basics

Name: Scallop Token

Ticker: $SCA

Chain: Sui

Total Supply (Max): 250,000,000 SCA

The native cryptographically-secure fungible protocol token of Scallop (ticker symbol $SCA) is a transferable representation of attributed utility functions specified in the protocol/code of Scallop, designed to be used solely as an interoperable utility token.

Token Allocation

Emission RateAllocation

Liquidity Mining

45%

Scallop Project Contributors

15%

Dev & Operation

4%

Strategic Partners/Investor

15%

Advisor

1.5%

Ecosystem/Community/Marketing

7.5%

Liquidity

5%

Treasury

7%

Explanation:

  • Liquidity Mining, is Distributed via a variety of liquidity incentivization schemes.

  • Scallop Project Contributors, are Owned by the founding team contributors.

  • Dev & Operation, Allocated for development and operational purposes.

  • Advisor, Owned by key advisors.

  • Strategic partners, Up to 15% reserved for private fundraising and strategic partnerships.

  • Ecosystem/Community/Marketing, Allocated to fund marketing and platform growth initiatives.

  • Liquidity 5% reserved for liquidity.

  • Treasury 7% reserved for the Treasury.

Vesting Schedule Explained

  • Liquidity Mining: The emission will be released every month, with the current month's release being 1.5% lower than the previous month. Initially, it will be released in a quantity of 2,830,459 SCA.

  • Treasury: 100% unlock at TGE (Token Generation Event) to maintain long-term liquidity on both centralized (CEX) and decentralized exchanges (DEX).

  • Ecosystem/Community/Marketing: Linear unlock over 5 years.

  • Scallop Project Contributors: Locked for 1 year, followed by a linear unlock over 3 years.

  • Advisor: Locked for 1 year, followed by a linear unlock over 3 years.

  • Dev & Operation: Linear unlock over 5 years.

  • Investors: Unlock over 1-3yrs.

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