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Solrise Finance
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Tokenomics
The maximum token supply of SLRS is capped at 1,000,000,000.00 tokens.
Out of the token distribution, the individual allocations are described in the below table:
Allocation
Percentage
Amount
Vesting Schedule
Team
20.00%
200,000,000.00
25% after 2 year cliff
75% - 3 year linear vesting
Ecosystem Incentives
30.00%
300,000,000.00
10% - unlocked at TGE
90% - linear vesting for 24 months
Foundation
30.03%
300,320,000.00
30% - unlocked at Mainnet
70% 24 months after Mainnet
Fundraise
11.97%
119,680,000.00
See table below
Liquidity
5.00%
50,000,000.00
Unlocked at TGE
Advisors
3.00%
30,000,000.00
25% after 2 year cliff
75% - 3 year linear vesting
Solrise is raising a total of $3.4M for 11.97% of total tokens, distributed as follows:
Round
Valuation
% of Fundraise in $
Vesting schedule
Strategic A
20M
20%
5% available at TGE
12 months lock
95% - linear vesting for 24 months
Strategic B
30M
69%
5% available at TGE
6 months lock
95% - linear vesting for 12 months
Public Sale
50M
11%
100% unlocked
In particular, it is highlighted that SLRS: (a) does not have any tangible or physical manifestation, and does not have any intrinsic value (nor does any person make any representation or give any commitment as to its value); (b) is non-refundable and cannot be exchanged for cash (or its equivalent value in any other digital asset) or any payment obligation by the Company, the Distributor or any of their respective affiliates; (c) does not represent or confer on the token holder any right of any form with respect to the Company, the Distributor (or any of their respective affiliates), or its revenues or assets, including without limitation any right to receive future dividends, revenue, shares, ownership right or stake, share or security, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property or licence rights), right to receive accounts, financial statements or other financial data, the right to requisition or participate in shareholder meetings, the right to nominate a director, or other financial or legal rights or equivalent rights, or intellectual property rights or any other form of participation in or relating to Solrise Finance, the Company, the Distributor and/or their service providers; (d) is not intended to represent any rights under a contract for differences or under any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss; (e) is not intended to be a representation of money (including electronic money), security, commodity, bond, debt instrument, unit in a collective investment scheme or any other kind of financial instrument or investment; (f) is not a loan to the Company, the Distributor or any of their respective affiliates, is not intended to represent a debt owed by the Company, the Distributor or any of their respective affiliates, and there is no expectation of profit; and (g) does not provide the token holder with any ownership or other interest in the Company, the Distributor or any of their respective affiliates.
To the extent a secondary market or exchange for trading SLRS does develop, it would be run and operated wholly independently of the Company, the Distributor, the distribution of SLRS and Solrise Finance. Neither the Company nor the Distributor will create such secondary markets nor will either entity act as an exchange for SLRS.
Last modified 5mo ago
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