SBT: The SwapBlok Token
Native utility token powering governance, witness rewards, LP incentives, and buyback-and-burn
SBT is the native token of SB Chain: not a wrapped asset, not a bridge receipt, and not a stablecoin. It must be acquired independently, through exchange, through liquidity provision, through block production, or through the pre-TGE Genesis Programme. Its value derives entirely from demand for SB Chain's services.
This separation is architectural. When a user bridges ETH to SB Chain they receive wETH, a wrapped representation of locked ETH. They do not receive SBT. The two asset types are economically independent: wrapped assets track the value of their underlying chains; SBT tracks the value of the SwapBlok protocol itself.
SBT has a fixed total supply of one billion tokens distributed across nine allocations: 35% to team, contributors and foundation (vested), 20% to witness block rewards, 10% to the pre-TGE Genesis Programme airdrop, and 17.5% to liquidity provider and staking rewards released on a front-loaded declining schedule over five years. 65% of total supply flows entirely to network participants, not to the Foundation.