Tokenomics Engine
Last updated
Last updated
Similar to the celestial bodies Jupiter and Bonk, which serve as sources of inspiration for our mission, we adhere to the concept of equitable management for project-managed tokens and tokens released from our direct control. The 50/50 distribution model serves as the foundational framework guiding our initial foray into the intricate landscape of tokenomics.
This allocation is designated to recognize and reward the dedicated supporters of the mission while fostering the amplification of liquidity. Commencing with the injection of 2% of the total supply into the LP Farm every 4 weeks, LP Farming rewards aim to incentivize active participation. Tokens earmarked for rewards starting on week 5, along with subsequent 4-week accumulations, will be locked on Streamflow Finance in the meantime. The issuance of tokens for farm rewards will experience a halving every 32 weeks. Following this halving schedule, the total allocation would get funded to the farm only after 256 weeks. In the meantime, the team will find the methods of obtaining tokens beyond this initial allocation to continue giving rewards as long as possible.
SEDNA is committed to recognizing and rewarding the loyalty of contributors within the Solana ecosystem who have actively contributed to its growth. An allocation has been dedicated for airdrops, extending support to Decentralized Autonomous Organizations (DAOs), Non-Fungible Token (NFT) communities, Solana developers, and artists who have added value to the ecosystem.
In our pursuit of integrity and transparency, the inaugural Liquidity Pool (LP) launch is designed as a permissionless pool. This approach involves the deliberate burning of ownership keys, the LP tokens. As a result, both tokens and SOL funding become only indirectly accessible to the free and open market, with the pool being devoid of any claims or ownership.
This innovative strategy marks a significant step towards fostering transparency and decentralization within our mission. The intentional burn mechanism ensures a fair and honest market, setting the stage for a dynamic and decentralized ecosystem.
The pursuit of our growth objectives necessitates the availability of tokens to the team, empowering them to construct integrations and develop compelling use cases for $SEDNA. This allocation is instrumental in sustaining our ongoing efforts to promote the widespread adoption of $SEDNA within the expansive realm of the cryptocurrency space.
As part of our forward-looking approach, we consistently seek to establish meaningful relationships and partnerships with entities that align with our shared vision. This allocation is earmarked for cultivating value-driven partnerships, fostering awareness, and benefiting from the mentorship of like-minded collaborators throughout this exhilarating journey.
Preliminary Participants and Liquidity Funders are commited to creating an enduring value to the token, and the meticulous structuring of the vesting arrangements for this allocation reflects the long-term commitment to the project. These contributors specialize their efforts in the domains of business development, social media/marketing, memes, strategy, and funding initiatives. This allocation is subject to a 12-month linear vesting schedule with no immediate vesting threshold and will be vested through Streamflow Finance. The aforementioned contributors will persist in generating use cases, pioneering innovations, and spearheading marketing and growth endeavors for the SEDNA token.
A foundational principle underpinning our strategy is the recognition of dynamic liquidity and liquidity on future platforms to increase the access of $SEDNA. Consequently, this dedicated percentage of the token supply has been set aside for strategical deployment to meet future liquidity requirements for both Decentralized Exchanges (DEX) and Centralized Exchanges (CEX) listings.
Further than all known planets.
