💰$SKYH Token
The SKYH token is the cornerstone of the Sky Hause ecosystem, designed to facilitate transactions, represent ownership, and empower community governance. Our tokenomics model is crafted to ensure long-term sustainability and alignment between all stakeholders in the Sky Hause platform. Below, we outline the allocation and purpose of the 500 million $SKYH tokens created at launch. Token Info: https://solscan.io/token/J9hBnna1TMySX9hA3FgiC5xYph5pYHmcLVq2Sp36hDkz
SKYH Token Allocation
The distribution of SKYH tokens is strategically planned to support the ecosystem's growth, liquidity, and community engagement. Here's a detailed breakdown:
Allocation
SKYH Tokens
Percentage
Liquidity on DEX
200,000,000
40%
Community and Marketing
100,000,000
20%
Team and Advisors
75,000,000
15%
Staking and Rewards Pool
75,000,000
15%
Reserve Fund
50,000,000
10%
Total
500,000,000
100%
Understanding the Allocation
Liquidity on DEX (40%)
Ensuring ample liquidity on decentralized exchanges is paramount for SKYH token stability and investor confidence. This allocation facilitates smooth trading and provides the foundation for the token's market value.
All of the initial LP has been burnt. Here's the tx hash:
Community and Marketing (20%)
A vibrant, engaged community is the lifeblood of Sky Hause. This allocation supports airdrops, marketing initiatives, partnerships, and other activities aimed at growing the Sky Hause community and increasing token adoption. Vesting Contract: https://app.streamflow.finance/contract/solana/mainnet/2H9Txh25D31c9JPjc34VFSgwkf4JDdmYZDiDp7bQC8HA
Team and Advisors (15%)
Rewarding the dedicated team and advisors who contribute their expertise to the project's success is essential for long-term growth. This allocation is vested over time to align their interests with the project's success and longevity. Vesting: Linear vesting over 2 years with a 6 months cliff
Timelock & Vesting Contract: https://app.streamflow.finance/contract/solana/mainnet/E3WZzMbQqNPRExNut2Qd2wrL1JNP5ax55RYwehZykpCc
Staking and Rewards Pool (15%)
To incentivize token holding and participation in the ecosystem, a significant portion of tokens is dedicated to staking rewards. This not only rewards long-term holders but also secures the network and aligns stakeholder incentives. Vesting Contract: https://app.streamflow.finance/contract/solana/mainnet/4kTnkKUDoUFj4JwPuywxiv5TCoD5qzfZoqVV8qNjx5Ct
Reserve Fund (10%)
A strategic reserve to address future needs, unforeseen challenges, or opportunities. This fund provides the flexibility to ensure the sustainability and scalability of the Sky Hause platform. Reserve fund will remain unlocked.
Last updated