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SITDAO
  • 🌟Introduction
  • 🚀Project Overview
  • ❗️Problem Statement
  • 💡Solution and Platform Features
  • 🤝Our Team and Visions
  • ✅Conclusion
  • Token and Social Rewards
    • 🟢Tokenomics
  • 💰Social Engagement Rewards
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  1. Token and Social Rewards

Tokenomics

$SIT Token on a ERC20 ETHEREUM Network.

The SIT tokenomics are structured as follows:

  • Total Supply: 100,000,000 tokens.

  • Listings/CEX Allocation (3%): 3,000,000 tokens dedicated to listings and new Exchange efforts to promote platform adoption and visibility.

  • Public Allocation (97%): 97,000,000 tokens made available to the public, ensuring wide distribution and engagement with the user base.

  • Transaction Tax (5%): A 5% tax on transactions is put towards the Reward pool. Reward pool is used to pay for the Social Engagements. Our portal allows anyone to farm social engagements and receive rewards in ETH. Every 14 days Points in dashboards are calculated and split between the users. First 14 days, the platforms Revenue sharing will be available for anyone, after 14 days, this will be available only to $SIT holders, to have a bigger pool available only for our supporters.

TAX Wallet Distribution for first 24 hours after Launch and for future.

First 24 hours after Token is launched, the 30% TAX goes towards Marketing our platform for the upcoming weeks, the rest of the 70% goes towards the Platforms users participating in the social interaction program.

Further incoming TAX Wallet funds are put only towards the platforms revenue split between users. Funds can be seen in Deployer wallet and is also available to monitor in the dashboard.

Last updated 1 year ago

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