Allocation and Distribution
What is SIO2's max supply?
SIO2 has a max supply of 1,000,000,000 tokens.
Is SIO2 a governance token?
No. SIO2 is the protocol token for SiO2 Finance. The actual voting power and protocol revenue distribution is not directly associated with SIO2, but with veSIO2.
How can I earn SIO2?
SIO2 is earned in three ways:
Deposit assets to earn SIO2 deposit incentives
Borrow assets to earn SIO2 borrow incentives
Locking SIO2 to generate veSIO2 tokens and earn locking incentives
What can I do with SIO2?
SIO2 holders can lock their tokens to generate veSIO2 tokens, to earn the protocol revenue allocated from treasury to give back to the community.
What is SIO2's distribution schedule?
| Usage | Release Rule |
|---|---|
Private Sale | 6 month cliff, 2 year linear vesting |
Team | 6 month cliff, 3 year linear vesting |
Marketing | Released at TGE, used for CEX listing, future collaboration, etc. |
$SIO2 Liquidity Provider | Evenly released in 1 year after TGE |
On-chain Treasury | 2 year linear vesting |
Public Offering | 6-month cliff after launch, 2-year vesting |
Liquidity Farming | Part of the farming will be distributed by the protocol, and is decreased by 2% every month, 90% released in 9 years with no vesting. Part of the farming incentives is released at TGE, used for adhoc farming incentives based on market conditions. |
$SIO2 Staking Incentives | Part of the staking incentives will be distributed by the protocol, and is decreased by 2% every month, 90% released in 9 years with no vesting. 1.25% of the total supply will be used as basic staking incentives for $SIO2 stakers, automatically distributed starting from the first day after the launch with no vesting. 250K $SIO2 will be distributed in the first month and decrease by 2% every month. 8.75% of the total supply will be used as additional staking incentives for $SIO2 stakers. The emission speed will be dynamically adjusted based on the market condition. |
What are SIO2's allocations?
| Usage | Percentage |
|---|---|
Private Sale | 15% |
Team | 15% |
Marketing | 2.5% |
$SIO2 Liquidity Provider | 2.5% |
On-chain Treasury | 10% |
Public Offering | 5% |
Liquidity Farming | 40% |
$SIO2 Staking Incentives | 10% |
Will there be an SIO2 airdrop?
Yes, the SIO2 airdrop is associated with many events, including but not limited to adhoc liquidity farming events and adhoc SIO2 staking events.
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