SCNR

SCNR is the core utility and governance token essential for maintaining the Swapscanner ecosystem.

Token Information

Utility

  • Fee Payment: Traders can pay for Swapscanner transaction fees using SCNR tokens, enjoying a 20% discount compared to standard fees.

  • Staking: Contribute to the ecosystem by staking SCNR tokens.

  • Purchasing Additional Features: Use SCNR tokens to buy premium convenience features offered by Swapscanner.

Token Distribution Chart

  • Community Incentives (30% or 50,457,600 SCNR): Allocated for the community contributing to the Swapscanner ecosystem.

    • 15% for SCNR single staking

    • 15% for SCNR<>KLAY LP staking

  • Growth & Strategy (35% or 58,867,200 SCNR): Reserved for strategic initiatives.

  • Contributors (14% or 23,546,880 SCNR): Allocated to the Swapscanner foundation, with a 6-month lock-up period followed by a 14-month linear distribution.

  • Core Backer (11% or 18,501,120 SCNR): Reserved for key institutions contributing to the growth of the Swapscanner ecosystem.

  • Development & Marketing (8% or 13,455,360 SCNR): Allocated for the operation of Swapscanner.

  • Pre Sale Volume (2% or 3,363,840 SCNR): Total amount allocated for pre-sale.

Swap Fee Usage Policy

  • 70% is used to form a buyback fund.

  • 30% is used for Swapscanner service development costs, server expenses, marketing, and salaries to maintain the service.

Halving

Swapscanner undergoes halving every 63,072,000 blocks (approximately 24 months), following a philosophy similar to Bitcoin's.

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