💸Tokenomics

The token name of SamBridge is obviously $SLR

There initial supply tokens at DAO launch was 100,000,000,000,000,000,000,000 and they were distributed as follows:

  • 8% airdropped to early network participants

  • 60.5% to the DAO treasury

  • 22.45% to the initial development team (3-year vesting, 1-year cliff)

  • 2.8% saved for future team members

  • 6.25% to investors (3 year vesting, 1 year cliff)

Since then the DAO has allocated SLR tokens from the DAO treasury to a series of initiatives such as a liquidity mining campaign to incentivize liquidity in the bridge AMM's, the formation of a grant committee, a delegate incentivization program and much more.

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