One billion tokens minted at genesis across ten named buckets. Thirty percent goes to the people who use the network. Zero to venture capital. Realistic Day-0 circulating supply: about 5M SNCT.
Every bucket is named and accountable. No discretionary founder pool, no VC bucket, no anonymous strategic capital.
Minted at genesis. Unlocked over years.
Despite 1B minted, only ~5M SNCT enter the open market on Day 0. Everything else is locked, vesting, or held in a multisig with no spending event triggered.
| Allocation | Amount | Unlock | Custody | Day-0 liquid |
|---|---|---|---|---|
| Airdrop | 300,000,000 | 4 × 75M at Day 180 / 270 / 360 / 450 · 180-day vest per claim | AirdropDistributor (registered claim) | 0 |
| Treasury | 250,000,000 | Day 0 unlocked | Protocol-governance 3-of-5 Safe | 0 |
| Community & ecosystem | 100,000,000 | 20M / yr hard cap × 5 years, rollover allowed | Protocol-governance multisig | 0 |
| LP incentives | 100,000,000 | 5-year emission via TreasuryEmitter → MasterChef | TreasuryEmitter (immutable) | ~0 |
| Team | 100,000,000 | 48-month linear · cliff at Day 185 | Team 3-of-5 multisig | 0 |
| Listings / marketing / BD / audit | 50,000,000 | Day 0 unlocked (operational runway) | Protocol-governance multisig | up to 50M |
| Validator grants | 50,000,000 | 5M Day-0 to genesis 50 (100k each) · 45M open discretionary | Validator-grants multisig | 5M |
| Foundation | 30,000,000 | 48-month linear from Day 0 · no cliff | Foundation 3-of-5 Safe | ~0 |
| Advisors + influencers | 10,000,000 | Advisors 5M / 24 mo · Influencers 5M / 18 mo | 2-of-3 multisigs | 0 |
| Discretionary | 10,000,000 | Operator emergency reserve | 3-of-5 Safe | 0 |
- 01Day 0Genesis. ~5M SNCT liquid (validator grants). Treasury and ops runway held in multisigs.
- 02Day 180Airdrop Phase 1 claim opens — 75M registered, 180-day vest per claim.
- 03Day 185Team cliff ends; 48-month linear vesting begins.
- 04Day 270 · 360 · 450Airdrop Phases 2, 3, 4 — 75M each.
- 05Month 18 · 24Influencer and advisor vests complete.
- 06Month 48Team and Foundation fully vested.
Three jobs. One token.
Staking & security
Validators stake SNCT to enter the active set; the top 50 by stake secure the chain and the rest wait-list by rank. Delegators earn yield proportional to stake weight.
Gas & compute
Every transaction, public or shielded, pays gas in SNCT. Min gas price is 1 gwei — a plain transfer costs about 0.00002 SNCT.
Governance
Holders submit and vote on on-chain proposals: upgrades, parameters, treasury spending, grants. One token, one vote weight. Rules →
Four phases × 75M SNCT.
Points are time-locked or fee-locked — never flat USD-per-action. No per-wallet cap, no per-referrer cap. Points reset every phase; unclaimed tokens return to Treasury after 365 days. In Phase 1 only, own earned points get a wallet-age multiplier — 1.1× / 1.25× / 1.5× / 2× for wallets with 1+ / 2+ / 5+ / 7+ years of on-chain activity; referral earnings are not multiplied, and Phases 2–4 use none.
Pool weights and TVL tier caps.
All four incentivised pools are SNCT-paired — each is a price-discovery surface. Per-pool caps scale with real depth so dead pools can’t soak emissions. Protocol-wide emission: 0.1 SNCT per block.
| Pool | Weight | Annual SNCT |
|---|---|---|
| SNCT / USDC | 30% | 6,000,000 |
| SNCT / USDT | 30% | 6,000,000 |
| SNCT / WETH | 20% | 4,000,000 |
| SNCT / WBTC | 20% | 4,000,000 |
Target annual emission 5% of supply; hard ceiling 24%, above which a DAO vote is required.