SNO Token
SNO
is the token Blizzard ues as its DEX token. Users holding $SNO tokens can choose to trade them, or receive referral fees directly from dex users as detailed in Blizzard's fee model. The SNO
token conforms to the SNIP-24 standard for private tokens.
SNO Supply
SNO's supply breakdown is as follows:
Percent | Use Case | Vesting |
---|---|---|
8.5% | Secret Network airdrop to incentivize new users. Include SCRT Stakers SecretDAO NFTs, Ample agent holders, and OG anons. | Phased |
4% | Launch costs | Instant, at launch |
15% | Seeding SNO/SCRT , SNO/? , ? , ? exchange pools | N/A, owned by the protocol |
38% | Liquidity Mining | Distributed linearly across 10 years after launch. Fixed supply, no continuous minting. |
27% | Development Fund | 12% upfront, 12% locked with linear vesting, spread across 4 years. |
7.5% | Private Raise | 2 years. |