🪙SYNTH Token
Synthswap's Native Token
SYNTH token address: 0xbd2DBb8eceA9743CA5B16423b4eAa26bDcfE5eD2
Synthswap has decided to adopt a fair launch model for token distribution. This goes along with our mission of true decentralization and unequivocal fairness.
Team will not receive any tokens at launch, and there are no investors.
The token distribution follows a fixed supply, linear emission model coupled with burning or deflationary mechanisms to reduce overall supply.
Tokenomics Breakdown
| Breakdown | Details |
|---|---|
Ticker | $SYNTH |
Maximum Supply | 250,000 |
Initial Price | $2 |
Initial Circulating Supply | 20,000 |
Initial Market cap | $40,000 |
Emissions | 0.00264 SYNTH/sec |
Token Allocation
| Allocation | Percentage [%] | Vesting |
|---|---|---|
Liquidity Incentives | 35 | Linear unlock for 3 years |
Protocol Owned Liquidity | 5 | 100% TGE |
Core Contributors | 25 | Linear unlock for 3 years |
Development & Marketing | 20 | 15% TGE, Linear unlock for 2 years |
Ecosystem & Partners | 15 | 3 month Cliff, Linear unlock for 2 years |
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