Whitepaper
  • Introduction
  • Polygon Network
  • Tokenomics
  • Project Team
  • FEATURES
    • SEMARverse
    • SemarSwap
  • FURTHER
    • Charity
    • Community
    • Roadmap
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Tokenomics

Breakdown of funds allocations

Summary: Unlike many other memecoins, SEMAR is not re-issuable. This means that the total supply is fixed, and there will not be inflation.

The total supply of SEMAR at inception is 100 TRILLIUN (100,000,000,000,000). No more than this amount will ever exist. This means that there will be no worries about inflation pertaining to SEMAR.

Below, you will find SEMAR’s plan for distributing its supply of tokens. The purpose of providing this is for the sake of ensuring transparency in our operations.

Overall Distribution

  1. 50% of the total supply of SEMAR will be reserved for its Decentralized Autonomous Organisation (DAO) component. Registered DAO members will be able to receive rewards for participating in the activities of the DAO. Details of the DAO, and how to register for it, will be made available soon.

  2. 25% of the total supply will be distributed to the public.

  3. 25% of the total supply will be reserved as payment for the contribution of the project team members.

Decentralized Autonomous Organization (DAO)- 50% (50T)

The largest portion of the total supply of SEMAR (50%) is reserved for the SEMAR Decentralized Autonomous Organisation (DAO).

  1. 1T is scheduled for monthly burns. This helps to maintain a stable value of SEMAR on the market.

  2. 7.5T will be used for marketing purposes. This includes paying for advertisements and other forms of publicity collaterals.

  3. 7.5T will be used for the growth and development of various aspects of the SEMAR project.

  4. 25T will be spent in accordance with the deliberations and votes of registered DAO members. Details on how to register for the DAO will be made available soon.

Public Distribution - 25% (25T)

In line with the core philosophy of SEMAR – to have fun, make new friends, and learn about cryptocurrency – a significant portion of the total supply (25%) will be distributed to the public. Here are the details of the public distribution.

  1. 10T was sold during a pre-sale, at a discounted price ($0.000000005 / SEMAR). The pre-sale took place from 9 to 15 November 2021.

  2. 2.5T will be distributed through airdrops. These will be in the form of contests and games on SEMAR’s social media platforms – Discord (https://discord.com/invite/SemarInu), Telegram (https://www.t.me/Semar_Inu), and Twitter (https://twitter.com/TokenSemarInu). These funds are intended as rewards for those who participate actively in SEMAR community activities.

  3. 2.5T will be allocated as rewards for voting for the ViNo SBP (partnered with SEMAR). Vite holders who vote for the ViNo SBP are eligible to partake in this portion of funds, in addition to their daily Vite voting rewards.

  4. 10T will be reserved as staking rewards on SEMARSwap, and in partnerships with reputable Centralized Exchanges.

Team Distribution - 25% (2.5T)

25% of the total supply of SEMAR is allocated as payment to SEMAR project team members.

  1. 10% of the team distribution funds will be disbursed to team members on Day 1 of the project listing.

  2. 65% of the team distribution funds are allocated as monthly payments to team members, for their contributions to the SEMAR project.

  3. A final 25% of the team distribution funds are reserved as “bonus” for core team members at specific milestones (6th, 12th, 18th and 24th month marks)

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Last updated 2 years ago