Supply & Distribution
1,000,000,000 fixed supply across nine allocations; 65% to network participants
Total supply of 1,000,000,000 SBT is fixed at genesis. The distribution is structured so that 65% flows entirely to the network's participants: block producers, early community members, liquidity providers, and ecosystem builders, with zero inflation ever added on top.
| Allocation | Tokens | Share | Vesting |
|---|---|---|---|
| Team & Contributors | 230,000,000 | 23% | 12m cliff + 24m linear |
| Foundation Reserve | 90,000,000 | 9% | Codified abstention in governance Year 0–1 |
| Strategic Reserve | 30,000,000 | 3% | Foundation-controlled multisig |
| Ecosystem Grants & Builder Fund | 65,000,000 | 6.5% | Released by community council from Year 2 |
| Witness Block Rewards | 200,000,000 | 20% | Per block over 10 years (then fee revenue share) |
| Genesis Programme Airdrop | 100,000,000 | 10% | Points-based programme, partial vest to filter farmers |
| LP / Staking Rewards | 175,000,000 | 17.5% | Front-loaded emission curve over 5 years |
| Future LP Emissions Tail | 30,000,000 | 3% | Year 6+ |
| Protocol-Owned Liquidity Reserve | 80,000,000 | 8% | Governance-restricted POL deployment |
Community vs Foundation Split
65% of total SBT supply (witness rewards, the Genesis airdrop, LP/staking rewards, the future emissions tail, ecosystem grants, and the Protocol-Owned Liquidity Reserve) flows entirely to network participants and is not controlled by the Foundation. The Foundation's 35% Team, Contributors & Foundation allocation is subject to the same 12-month cliff and 24-month linear vesting schedule as all other early allocations. No separate VC or investor pool exists; pre-TGE capital is absorbed within the Team & Contributors tranche under identical vesting conditions.
LP Reward Emission Schedule
The 175,000,000-token LP / Staking rewards allocation is released on a front-loaded declining schedule. Years 1–2 carry maximum emission to bootstrap deep liquidity before fee rewards activate; Years 3–5 decline steeply as Phase 2 and Phase 3 fee distributions take over as the primary LP yield driver. An additional 30,000,000-token tail reserve covers Year 6+ if governance extends the programme.
| Year | SBT Allocated | Unallocated → Burn |
|---|---|---|
| Year 1 | 70,000,000 | Any unused amount burned at year-end |
| Year 2 | 50,000,000 | Any unused amount burned at year-end |
| Year 3 | 30,000,000 | Any unused amount burned at year-end |
| Year 4 | 15,000,000 | Any unused amount burned at year-end |
| Year 5 | 10,000,000 | Any unused amount burned at year-end |
Front-loading creates the strongest incentive for early liquidity providers, who take on the most risk and contribute the most to bootstrapping protocol activity. Declining emissions prevent indefinite reliance on inflationary rewards as fee income matures into the protocol's primary LP yield driver.