🪙Tokenomics

$SYSL

1.$SYSL is the ERC-20 utility token for SYSLink DAO deployed on the SYScoin Blockchain used within the protocol.

2.It serves as a reward mechanism for Vendors on the ecommerce store and also used to provide liquidity to enable token swaps.

SYSLink token is deployed on the Syscoin L1 NEVM Mainnet!

SYSLink contract address: 0x2f09cbA262E39Bd18Dcfdaa1d59C284079Ac4093

Total of 800,000,000 SYSL is available at initial supply.

Allocation
Detail

  1. Liquidity

50% of the SYSLink token supply is allocated to our community members, most of it (30% of the initial supply) aimed at providing liquidity.

  1. Vendors

A 10% will be set aside for vendor paymenets at first through using the SYSLink E-commerce claim smart contract

  1. Airdrop

7% of SYSLink token will be airdropped to community members.

  1. Staking

10% of tokens to Yield Farming and SYSLink users.

  1. Development & Marketing

10% for strategic marketing and general development over the course of 12 months.

  1. Community

3% Community events and activities.

  1. Team vesting

10% of SYSLink token entrusted to team members.

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