How much is the Shieldeum (SDM) currency issued?

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.