How much is the Shieldeum (SDM) currency issued?

The total issuance of Shieldeum (SDM) cryptocurrency is capped at 10 billion tokens, ensuring limited supply and scarcity over time.

Dec 08, 2024 at 09:21 am

How much is the Shieldeum (SDM) currency issued?

Shieldeum (SDM) is a cryptocurrency token that powers the Shieldeum ecosystem, a privacy-focused blockchain platform. The total supply of SDM is capped at 10 billion tokens, with a current circulating supply of approximately 4.2 billion tokens.

Distribution of SDM Tokens

The distribution of SDM tokens is as follows:

1. Seed Round: 20% of the total supply (2 billion SDM) was sold to early investors during the seed round.
2. Private Sale: 30% of the total supply (3 billion SDM) was sold to private investors during the private sale.
3. Public Sale: 25% of the total supply (2.5 billion SDM) was sold to the public during the public sale.
4. Team and Advisors: 10% of the total supply (1 billion SDM) is reserved for the team and advisors.
5. Ecosystem Development: 5% of the total supply (500 million SDM) is reserved for ecosystem development and partnerships.
6. Reserve: 10% of the total supply (1 billion SDM) is held in reserve for future use, such as liquidity management and staking rewards.

Key Points

1. Limited Supply: The total supply of SDM is capped at 10 billion tokens, ensuring that the supply remains scarce over time.
2. Balanced Distribution: The distribution of SDM tokens is well-balanced, with a significant portion allocated to investors, the team, and ecosystem development.
3. Future Growth Potential: The reserve of SDM tokens provides the platform with flexibility for future expansion and growth initiatives.

Conclusion

The issuance of Shieldeum (SDM) tokens plays a crucial role in the operation and growth of the Shieldeum ecosystem. With a limited supply and balanced distribution, SDM tokens maintain their value and support the platform's future endeavors.