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Tokenomics
Understanding the supply and demand characteristics for SWD tokens.
There is a total supply of 1 million SWD tokens with the following distribution:
  • Community Airdrop: 6%
  • Private Sale: 10%
  • Community Sale: 5%
  • Liquidity Mining Program (Bonds): 6%
  • Team: 24%
  • DAO Treasury: 49%

Community Airdrop: 6%

A distribution of 6% of all SWD tokens (60,000 tokens) was reserved for members of our Discord community. All eligible members have already received their distribution via an airdrop.

Private Sale: 10%

10% of the total supply was sold to a group of strategic investors at an average price of $7.5/SWD. 50% of their token allocation was available immediately with the remaining 50% of their allocation being vested linearly at every Ethereum block over a period of 24 months (starting at project launch).

Community Sale: 5%

5% of the supply was reserved for a community sale. In October 2021, 50,000 tokens sold out within the first 24 hours at $7.5/SWD.

Liquidity Mining Program (Renamed Bonds 5/17/22): 6%

6% of all SWD tokens have been allocated to a token bond program. This program will run for a period of 2 years, and SWD tokens released under this program are linearly vested. Details of this program will follow in a separate announcement.

Team: 24%

24% of the total SWD supply will be allocated to our team of quants, traders, and developers. 33% of the allocation is available immediately with the remaining tokens (16% of total supply, 66% of allocation) being vested linearly at every Ethereum block over a period of 18 months (starting at project launch).

DAO Treasury: 49%

49% of all SWD tokens have been allocated to a community treasury. 8.16% of this allocation is available immediately with the remaining tokens (45% of total supply, 91.8% of allocation) being vested linearly at every Ethereum block over a period of 36 months (starting at project launch).
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Outline
Community Airdrop: 6%
Private Sale: 10%
Community Sale: 5%
Liquidity Mining Program (Renamed Bonds 5/17/22): 6%
Team: 24%
DAO Treasury: 49%