Big news! shardeum just dropped their white-paper and confirmed the Airdrop.
Here’s the scoop: The White Paper reveals that 5% of the total supply will be distributed to the ecosystem as an Airdrop. Exciting stuff, right?
Max supply: 508 million SHM
- Community: 51% (259,080,000 SHM) - rewards for validator and archiver nodes
- Sale: 18% (91,440,000 SHM) - 3-month cliff, followed by a 2-year daily linear vesting schedule
- Team: 15% (76,200,000 SHM) - 3-month cliff, followed by a 2-year daily linear vesting schedule
- 11% Foundation (55,880,000 SHM) - unlocked at Token Generation Event (TGE)
- 5% Ecosystem (25,400,000 SHM) - also unlocked at TGE
Plus, thanks to burned transaction fees, we’ll never hit the maximum supply of 508 million SHM.