风无向|Feb 07, 2025 08:21
Solayer Labs' latest token economy model in Chinese provincial version.
As the token information of Solayer Labs is gradually revealed, the attention of all parties to its token distribution and circulation mechanism continues to rise. The following content is compiled based on the latest official disclosure of information, detailing key points such as token quantity, distribution ratio, and lock up release arrangements.
1、 Token supply situation
Total number of tokens: 1 billion
Initial circulation: 220 million pieces
2、 Main allocation structure
About 34.23% of the community and ecosystem (51.23%) will be used for subsequent research and development, developer support programs, and overall ecosystem expansion.
About 14% is invested in community activities and incentives (including 12% for Genesis Drop).
The remaining 3% will be distributed to users through Emerald Card community sales.
Core contributors: 17.11% is mainly allocated to the core team and consultants to support their long-term contributions.
Investors: 16.66% have completed sales to external investors.
Foundation: 15% is held by the Solayer Foundation, mainly used to promote the development of more vertical products and networks.
3、 Unlocking and Attribution Scheme
The tokens involved in Genesis Drop and Emerald Card community sales will be released in one go at the project launch.
The community incentive adopts a linear release mode for a period of 6 months.
The community and ecology unlock a portion every 3 months and complete the full release over a period of 4 years.
The foundation also adopts unlocking every 3 months, with a distribution cycle of up to 4 years.
The team and consultants will first implement a full lock for 1 year, followed by gradually linear unlocking over 3 years.
After the one-year lock up period, the investor portion will be unlocked linearly within the following two years.
4、 Genesis Drop (Secondary Distribution)
In order to encourage early participants who have been supporting community development since the launch of the project in 2024, Solayer Labs has reserved 12% of tokens for secondary distribution, covering the following population:
Users holding sSOL and sUSD
Delegate sSOL to AVS partner users
Users who deposit sSOL or sUSD in any DeFi protocol that has a cooperative relationship with this project
Users with LST that meet the whitelist criteria
Individuals who participate in project construction through partner or wallet activities
Except for immediate distribution at project initiation, the unallocated portion will be gradually released according to the established process over the next 6 months.
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