Ticker: SHDW
Contract Address: TBA
Contract Address Testnet
Chain: Core Network (Satoshi plus consensus)
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.
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
Vote on proposals relating to the Shadowswap ecosystem
But that's not all -- there are much more surprises in the Shadow
Check below to discover the SHDW Token Economics
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
100,000,000 SHDW
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
Dark Pools
NFT Campaign's
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.
The emission rate may be changed through future governance.
The distribution may be changed through future governance.
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
2% of fees from NFT AMM Marketplace is used to buy SHDW for burning
2% of every yield harvest from all the flexible staking positions in SHDW pool
More burning ways will be added with the features launched.
Uses | Amount | Percentage |
---|---|---|
Metric | Emission/block (SHDW) | Emission/day (SHDW) |
---|---|---|
Distributed to | Reward/block (% of emission) | Reward/block (total SHDW) | Reward/day |
---|---|---|---|
Ecosystem development
77,000,000
77%
Initial Liquidity DEX
2,000,000
2%
Community Members
5,000,000
5%
Liquidity mining
70,000,000
70%
Platform Hires and Contributors
5,000,000
5%
Token Sale
10,000,000
10%
Shadow Treasury
8,000,000
8%
Emission
1.375
39,600
Dark Farms
25%
0.34375
9,900
NFT AMM
5%
0.06875
1,980
SHDW Dark Pool
70%
0.9625
27,720
Total Daily SHDW Emission
100%
1.375
39,600