Features
Technical Details
Premine Distribution
The table below describes the overall allocation of our pre-mined supply of 50M SOUL, of which any unused allocation is burnt into oblivion.
Protocol Stage
Share
Max. Allocation
Allocated
Burned
Public Ceremony
70%
35,000,000 SOUL
1,182,636
33,817,637
Whitelist Vesting
15%
7,500,000 SOUL
0
7,500,000
Airdrop Rewards
10%
5,000,000 SOUL
137,031
4,862,969
Initial Liquidity
5%
2,500,000 SOUL
50,644
2,449,356
TOTAL (MAX)
100%
50,000,000 SOUL
1,370,311
43,766,993
Any amount that is left, after our whitelist vesting period terminates, will be burned. Likewise, any remaining allocation, from our public ceremony, will also be burned.
After accounting for the burns, 50% of the FTM contributed will match the initial liquidity at a rate of 1 FTM to 1 SOUL up to a total of 2.5M SOUL. Please note that the initial liquidity and the airdrop rewards will both be the lesser of the maximum allocation and 5 and 10% of the circulating supply (after accounting for burns), respectively.
For example, suppose there are 17M SOUL taken up during the public ceremony and the whitelist vesting periods. Recall: airdrop rewards are 10% of the total adjusted allocation.
The adjusted allocation would equal 17M / 85% = 20M, therefore the adjusted airdrop rewards would be 10% of 20M = 2M, not 5M. The reason for this is to ensure contributors to our ceremony are provided with the peace of mind that airdrop rewards will always be a steady constant of 10% of the total raise, regardless of how much is raised. Similarly, we have a guaranteed rate for the initial liquidity, so we require 5% of the total raised for the DAO allocation, which is 50% of the total FTM raised.
Last modified 6mo ago
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