Distribution
Token Details
Token Name: SVM Total Supply: 1 Billion SVM Tokens
The SVM token is integral to the operation and governance of the Solana Virtual Machine (SVM) ecosystem, designed to facilitate various functionalities within the MEV landscape on the Solana blockchain.
Distribution Plan
Liquidity Pool: 70% A significant majority of the SVM tokens, amounting to 700 million, are allocated to the liquidity pool. This vast reserve ensures robust market liquidity, facilitating seamless trading and transactional activities on exchanges and within the SVM ecosystem. High liquidity is essential for maintaining the stability and health of the token’s market value.
Development: 10% 100 million SVM tokens are reserved for ongoing development efforts. This fund supports the continuous improvement and expansion of the SVM infrastructure, including software upgrades, new feature development, and integration of cutting-edge technologies. Investing in development is crucial for adapting to the evolving demands of the blockchain and MEV landscapes.
Community Incentives: 10% Another 100 million tokens are earmarked for community incentives. These tokens are used to reward community members for their participation and contributions to the SVM ecosystem, such as bug reporting, feature suggestions, and promotional activities. Engaging the community in this manner helps foster a vibrant and supportive network, driving user growth and ecosystem vitality.
Backed Treasury: 5% 50 million SVM tokens are allocated to the backed treasury. This reserve provides financial backing and additional liquidity in times of economic stress or when significant funding is needed for unexpected opportunities or challenges. It acts as a financial safeguard, ensuring the long-term sustainability and fiscal health of the SVM ecosystem.
Team & Advisors: 5% The final 50 million tokens are set aside for the team and advisors. This allocation compensates the founders, core team members, and external advisors whose expertise and efforts are pivotal to the development and success of SVM. Rewarding team members and advisors fairly is crucial for maintaining motivation and attracting top talent to the project.
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