$SIA and incentivisation
The $SIA, $veSIA and $oSIA token model and how projected APR is calculated.
To reward early adopters and introduce the future platform token, the Syntropia team is launching an incentivization program. To ensure project sustainability and reward token holders and liquidity providers, we are introducing a tokenomics model featuring three token types: $SIA, $veSIA, and $oSIA.
$SIA
The governance token of the Syntropia project, serving as the primary token. Further details will be provided soon.
- Token Ticker: $SIA
- Allocation, Utilities, and Other Details: To be announced
$veSIA
A locked version of $SIA, with a maximum lock period of 2 years.
- Minimum Lock Period: 1 week
- Maximum Lock Period: 2 years
$oSIA 🔥
A reward token distributed at the Token Generation Event (TGE). $oSIA enables holders to purchase $veSIA at a discount from the market price. The discount increases with longer lock periods.
- Minimum Discount: 5% (1-week lock)
- Maximum Discount: 50% (2-year lock)
The conversion mechanism from $oSIA to $veSIA to $SIA will be detailed as the project develops.
How projected APR works?
A significant portion of the $SIA supply (approximately 50% of the total supply) will be allocated to liquidity providers, the primary users of Syntropia.
The projected Annual Percentage Rate (APR) is calculated based on the maximum $veSIA discount of 50%.
Note: Visual representation of the APR calculation. As Syntropia is in the early project launch stage, calculations are unlikely to change but may be subject to adjustments.