📊SCI Tokenomics
Last updated
Last updated
PoSciDonDAO is the first decentralized science (DeSci) DAO with on-chain governance on the Base Network. Central to PoSciDonDAO's innovative approach is its dual-token model. This models features PO tokens, which are soul-bound tokens that can be received upon participation in PoSciDonDAO's governance systems, and SCI tokens, which are the DAO's tradable governance token.
The PoSciDonDAO tokenomics model is designed to reward both the long-term retention of tokens and active engagement in its community. PoSciDonDAO aims to fund personalized medicine research through a transparent and unbiased process to eventually lead to scientific innovations that improve patient-care.
Below is a table with the sale prices for the private and public pre-sale phases of the SCI token:
Launch Phase | Price | FDV | Tokens per round | (Est.) Dates |
---|---|---|---|---|
T.B.D. = to be determined.
After the token generation event (TGE), each month SCI tokens will be unlocked from vesting schedules. After 18 months, 24.95% of the SCI tokens will be in circulation.
DAO Operators: 15% (2836500 SCI)
For founders, advisors, early contributors, administrators and project development.
Vested for 18 months except for advisors, which have an 12-month vesting period.
At launch, 1% will be in circulation.
After 18 months of vesting, only 13.25% will be in circulation.
Investors: 8% (1512800 SCI)
Offering will be done on Base network.
Early community sale on dApp: 0.5% (94550 SCI).
PinkSale: 7.5% (1040050 SCI)
Unsold tokens will be offered through Fjord Foundry liquidity bootstrap auction.
A deep liquidity pool for the SCI-ETH pair will be created on Uniswap V3 with 1% buy and sell fee.
At Uniswap launch, the 8% will be in circulation.
Community: 40% (7564000 SCI)
To be used for the creation of liquidity pools, PO to SCI exchange program, marketing and outreach efforts including key opinion leaders.
At launch, 1.85% will be in circulation and 1.5% will be used to create liquidity pools which will be locked for 4 years. The remaining tokens are locked in the treasury and a portion will be used to fund the PO to SCI exchange program.
For Key Opinion Leaders (KOLs), tokens are vested for 12 months.
Foundation: 37% (6996700 SCI)
To be used for funding research, ecosystem development, legal, grants, bounties, logistical costs and future contributors beyond the DAO operators allocation.
Tokens are locked in the treasury, and through the on-chain governance system, the DAO can decide how to use them. More about our governance system can be read in our whitepaper.
For every trade on Uniswap there is a 1% buy and sell fee. The fee is broken down as follows:
0.333% to Treasury Wallet
0.333% to Research Funding Wallet
0.333% to LP SCI-ETH pair
At PoSciDonDAO, a dedicated portion of SCI tokens from the Community category is reserved specifically for marketing and outreach to support our ongoing promotional activities. This allocation remains adaptable, enabling the strategic deployment of resources to meet the dynamic demands of our expanding community and the broader market landscape.
Our marketing strategy is crafted to significantly increase awareness and adoption of PoSciDonDAO as a new funding endeavor for researchers. We aim to attract new users while maintaining engagement with our existing community, thereby enhancing our platform's visibility. These efforts are vital for establishing PoSciDonDAO as a pioneering force in the DeSci sector, especially in the field of personalized medicine. By investing in robust marketing campaigns, strategic partnerships, and community-driven initiatives, we strive to deepen connections with our audience and grow our community.
Please be aware that we reserve the right to modify the tokenomics at any time, as it may be necessary for the best interests of PoSciDonDAO.
The SCI token discussed here cannot be held by, offered, or sold to “U.S. persons” as defined by Rule 902 of Regulation S under the Securities Act of 1933, or within the United States. It is also prohibited to offer or sell the token, directly or indirectly, to U.S. persons or within the U.S.
Additionally, no entity, person, or corporate body, nor any affiliates or beneficial owners thereof, deemed a Prohibited Person, may own, buy, or sell the token. A “Prohibited Person” includes any individual or entity (government, political subdivision, agency, or instrumentality) that is: (i) a national or resident of, or entity formed under the laws of any U.S. embargoed or restricted country; (ii) a national or resident of, or entity formed under the laws of Cuba, North Korea, Iran, Libya, South Sudan, Sudan, Syria, or Crimea; (iii) listed on the U.S. Commerce Department’s Denied Persons List, Entities List, or Unverified List; the Treasury’s Specially Designated Nationals and Blocked Persons List, Specially Designated Narcotics Traffickers or Specially Designated Terrorists, or the Annex to Executive Order No. 13224; the State Department’s Debarred List; or under UN Sanctions; (iv) restricted from business transactions by any U.S. Governmental Authority; or (v) subject to any economic sanctions enforced by the UN, EU, or UK.
PLEASE CONSULT YOUR LEGAL AND FINANCIAL ADVISORS BEFORE CONSIDERING PARTICIPATION IN THE TOKEN SALE.
Participation in the token sale does not equate to the exchange of cryptocurrencies for securities, investment units, or ordinary shares in any project, platform, company, or entity. The tokens issued and distributed are not intended to be securities or collective investment units in any entity. Token holders do not receive dividends or revenue rights and do not participate in any profit-sharing scheme.
Participants engage for their own account, not as nominees or agents, without the intention of reselling or distributing the tokens.
Participants have sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of participation. They can incur a total loss without impairing their financial condition and can bear the economic risk for an indefinite period.
Participants affirm compliance with their jurisdiction’s laws concerning token sale participation, including legal requirements, foreign exchange restrictions, necessary consents, and relevant tax consequences.
Participation and token holding must comply with applicable laws in the participant’s jurisdiction.
Participants understand the significant risks involved, including potential failure of the network or tokens to function as intended, incomplete token launch or auction, insufficient user interest, and possible governmental investigation or punitive actions. Participants are financially sophisticated, capable of evaluating and bearing the risks, and have acquired sufficient information about PoSciDonDAO to make an informed decision. Participants possess adequate technical understanding of cryptographic tokens, network protocols, smart contracts, token storage mechanisms, and distributed networks to appreciate the risks and implications.
THE PARTICIPANT ACKNOWLEDGES THAT THE INFORMATION PROVIDED IS SUFFICIENT FOR AN INFORMED DECISION AND CONFIRMS CONSULTATION WITH THEIR ATTORNEY, ACCOUNTANT, TAX ADVISOR, AND INVESTMENT ADVISOR.
Early community sale
$0.211
4 million
94550 (0.5%)
T.B.D.
Pre-sale (PinkSale)
T.B.D.
T.B.D.
1418250 (7.5%)
T.B.D.
Fjord Foundry
T.B.D.
T.B.D.
Unsold tokens from PinkSale
T.B.D.
UniSwap LP
T.B.D.
T.B.D.
283650 (1.5%)
T.B.D.