SIS
No. 749Price
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- Coin Introduction
1. Project introduction
Symbiosis is a decentralized multi-chain liquidity protocol. It allows users to swap assets between all the blockchains while remaining the sole owners of the funds.
The Symbiosis protocol meets the following requirements:
(1) Simple, Uniswap-like UX: No additional wallets, long waiting time, or extra steps to proceed with a swap.
(2) Fully decentralized: No central party can stop the Symbiosis protocol or censor users from accessing it.
(3) Interoperable: It connects every blockchain that gets enough market attention. Our ultimate goal is to bridge together all networks.
(4) Non-Custodial: No one (including the Symbiosis team) has access to user funds.
(5) Limitless cross-chain liquidity: It targets as many token pairs as possible across all blockchains while providing the best prices for swaps between any arbitrary token pair.
3. Investment institution
Blockchain.com, Bixin Ventures, Binance Labs, Kenetic Capital, Amber Group, Dragonfly Capital, Spartan Group, 3Commas, Shima Capital
3. Application and distribution
Total supply: 100,000,000
Token application:
SIS is the protocol token of Symbiosis. It is deployed on Ethereum and used for:
(1) Staking to run a node in the relayers' network.
(2) Governing the Symbiosis DAO and DAO Treasure.
Token distribution:
Seed Round: 10.00%
Private Round: 6.00%
Strategic Round: 4.70%
Public Round DaoMaker: 0.55%
Public Round Y: 0.65%
Public Round Z: 0.10%
Liquidity Farming: 10.00%
Node Runners Reward: 15.00%
Protocol Liquidity: 10.00%
Relayers Auction: 5.00%
Advisory: 5.00%
Founders Team: 18.00%
Treasury Reserve: 15.00%
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