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Shadow Token

SHDW

Ticker: SHDW
Contract Address: TBA
Contract Address Testnet

Chain: Core Network (Satoshi plus consensus)

What is SHDW

SHDW coin is the platform token of Shadowswap. It has various utilities such as purchasing NFTs, staking (Farm and pool), governance, participating in the various products on the shadow ecosystem, and more integrations to come.

The Summary

Earn Shadow(SHDW) from Farms and Shadow Pools, win it in the lottery, or buy it on the exchange, then explore its use cases:

Stake it in Shadow Pools to earn free tokens
Use it in Yield Farms to earn more SHDW
Powers Shadow Ecosystem(Shadowswap, NFT AMM Marketplace)
Participate in IFO Token Sales

But that's not all -- there are much more surprises in the Shadow

In Details

Check below to discover the SHDW Token Economics

SHDW Tokenomics

Shadow token is capped at 100M with series of Deflationary Mechanisms with no more than 100m minted and also balancing between scarcity, sustainability and value accrual

Total Supply

100,000,000 SHDW

Uses

Amount

Percentage

Community Members: is allocated to community members through a variety of programs, such as airdrops, bug bounties, and other rewards for contributing to the exchange.

Liquidity Mining allocation will be emitted through the following way and could be adjusted by DAO decisions later on.

Competitions
Shadow Monster Farm

Shadow Treasury: is reserved for the exchange's treasury, to be used for things like funding development and marketing efforts, as well as providing liquidity to the exchange. the treasury will not only contain SHDW token but other token like Shadow CORE Holdings and more as we proceed. and will be monitored and maintained by the ShadowDao through Core Gnosis wallet. Wallet address for the Treasury will be available for everyone to go through.

Platform Hires and Contributors: this is a allocations for Devs contributing to the Shadow ecosystem, Contributors are Streamed tokens per Contributions and Commitment also community members can also join Shadow Contributors, be it development aspect, Community Management and more.

Lastly, A Portion of the Trading Fees from ShadowSwap goes to the Shadow Treasury and another portion goes to Buy Backs of Shadow.

Emission rate

Per block

Metric

Emission/block (SHDW)

Emission/day (SHDW)

The emission rate may be changed through future governance.

Distribution

Distributed to

Reward/block (% of emission)

Reward/block (total SHDW)

Reward/day

The distribution may be changed through future governance.

Deflationary Mechanics

As well as the above, SHDW is also burned in the following ways:

0.05% of every trade made on ShadowSwap
100% of SHDW performance fees from IFO's
50% of Minting fees from INO's is used to buy SHDW for burning

More burning ways will be added with the features launched.