Allocation
Last updated
Last updated
The Scopuly ecosystem has a strategic allocation plan for the SCOP token. The distribution is meticulously structured to facilitate the healthy growth of the Scopuly platform, as well as to incentivize and reward users, traders, and liquidity providers. This section of the Scopuly GitBook provides detailed insights into the allocation schema of the SCOP token.
SCOP Distribution: Total Supply: 10 Billion SCOP tokens, issued on 16 August 2019. The issuer account is permanently locked, confirming no further tokens can be minted, ensuring a fixed supply.
The SCOP token has a fixed total supply of 10 billion tokens, ensuring no more tokens can be created post-issuance, thus safeguarding the token’s value from dilution.
Airdrop & Community: 20%
Holder Rewards: 10%
Liquidity Rewards: 10%
Trader Rewards: 10%
Scopuly Card Rewards: 10%
Referral Rewards: 5%
Foundation: 10%
Marketing & Ecosystem: 10%
Public Sale: 10%
Private Sale: 5%
A significant majority of the total SCOP supply, amounting to 65%, is allocated for community ownership. This allocation reflects Scopuly’s commitment to building a user-centric platform, where community engagement and participation are highly valued.
55% of the total SCOP supply is earmarked for ecosystem rewards. This allocation is targeted at rewarding users for various activities such as staking, providing liquidity, and trading within the Scopuly ecosystem.
SCOP allocates 10% of the total supply specifically to reward active traders on the platform. This is intended to stimulate SCOP trading and to reward users based on their trading volume, incentivizing consistent engagement with the platform’s exchange features.
10% SCOP allocation also goes towards liquidity providers, to encourage the contribution of liquidity for SCOP markets and other Stellar assets. This allocation aims to enhance the liquidity within the Scopuly platform, ensuring efficient and stable market conditions.
An allocation for airdrops is designed to distribute SCOP tokens to holders and new users, promoting wider token distribution and encouraging community growth and involvement.
A portion of SCOP tokens is reserved for ongoing development and the expansion of the Scopuly platform. This includes, but is not limited to, technical infrastructure, new feature implementations, partnership developments, and adoption initiatives.
Allocations are set aside for marketing efforts to increase the platform's visibility and user base. This includes outreach campaigns, educational content, and other marketing initiatives that bolster the platform's reach and impact.
A certain percentage of SCOP tokens is reserved for the founding team and advisors who continue to contribute to the project’s development. This allocation serves as an incentive for their efforts and commitment to the project’s success.
A reserve allocation is maintained to ensure compliance with future regulatory requirements. It acts as a safeguard, allowing the platform to adapt to regulatory changes without impacting SCOP token holders or the platform’s services.
The allocation of SCOP tokens is designed with transparency and the long-term success of the Scopuly ecosystem in mind. This ensures that the interests of the SCOP community and token holders are aligned with the growth and evolution of the platform.
