SCA
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
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.
Last updated
