Core concepts
Tokenomics & Emissions
Distribution
Below is the initial distribution of SHADOW and xSHADOW.
Breakdown
Token Distribution | Amount |
---|---|
Contributors | 750,000 |
Presales | 750,000 |
Airdrop | 300,000 |
Partners | 300,000 |
Protocol-Owned Liquidity | 300,000 |
Reserves | 450,000 |
Community Incentives | 150,000 |
Initial Supply | 3,000,000 |
Maximum Supply | 10,000,000 |
Token Types
All allocations are in xSHADOW except for POL and Reserves.
Emissions
Below is an approximation of our weekly emissions (before elastic emissions) vs. total supply for the first 500 Epochs (~10 years):
Emissions vs. Supply
- Initial supply: 3M tokens
- After 10 years (500 epochs): ~5M tokens emitted
- Maximum supply cap: 10M tokens
Asymptotic Growth
The token supply follows an asymptotic curve, meaning it will not reach the 10M maximum cap. After 500 epochs, the total supply is projected to be approximately 8M tokens, with weekly emissions trending to zero.
Elastic Emissions
Emissions can be modified by up to ±25% per epoch depending on protocol revenue to maintain sustainable inflation. 100% of ALL emissions go to gauges—there are no team allocations or other distributions, ensuring fully decentralized emissions.
When Revenue is >= Emissions for multiple epochs in a row, or if upcoming catalysts for revenue increase are soon coming.
When Revenue is <= Emissions substantially for multiple epochs in a row, or if upcoming catalysts for revenue decrease are expected.
Note: These are approximate projections and actual emission numbers may vary. This model demonstrates our commitment to sustainable, long-term supply growth.