$SUNY
Last updated
Last updated
$SUNY will introduce a 🔥 burning mechanism to maintain its output. Under this design, it will ensure the dual interests of creators and participating users, ultimately leading to governance by the creator community.
The initial total supply of $SUNY in the first year is 1 billion tokens. As the revenue of XSunlight increases, additional issuance will occur in the new year according to the platform's income. Before issuance, there will be external announcements, and strict standards will be followed based on revenue execution.
First-year distribution of 10 billion $SUNY:
Distribution | Allocation(%) | Release |
---|---|---|
LSV Mining
35%
IDO
1%
20% on TGE, with an additional 20% released each month over four months.
Creator Incentive
40%
LSV is allocated based on the number of likes and comments on the created content. Creators can then use LSV to obtain $SUNY.
Team
14%
0% on TGE, after 4 months
12% for fist month, 8% monthly for 11 months
Ecosystem
10%
Used for promotion, DEX, registration rewards, and community development.