Sylo Token Allocation
Last updated
Last updated
The Sylo Token has a total (max) supply of 10,000,000,000 tokens. Real time circulating supply information can be found on CoinGecko.
This Sylo Token Distribution was originally published in 2018:
Sylo Token Distribution:
10% Platform Incentivisation Tokens allocated to incentivising adoption of the network. These tokens are to be used over time for platform growth initiatives to benefit the network and community.
25% Sylo Protocol Platform Tokens This allocation is for further development of the Sylo Network, the Sylo Smart Wallet, DApps and other platform initiatives.
20% Token Generating Event These tokens were allocated to token buyers during the Sylo Project’s 2018 TGE. These tokens are unlocked and make up the Sylo tokens initial circulating supply.
12.5% Token Generating Event These tokens were allocated to token buyers during the Sylo Project’s 2018 TGE. These tokens became available to buyers in January 2021.
10% Team/Dev Allocation Allocation to ensure core Sylo contributors are incentivised to further the project for years to come. 50% was allocated in October 2020 then 25% in each of October 2021, and 2022.
22.5% DN 3010 + Advisors These tokens were allocated to DN 3010 Ltd, the original creator of the Sylo Protocol and the Sylo Applications and Advisors. These tokens were locked until October 2020.
