SOLeague - Solana's L2
  • Abstract
  • Introduction
    • Overview
      • Important Links
      • SOLeague Brand Kit
    • Solana Blockchain
    • Solana’s Layer 2
      • Proof of History (PoH)
      • Turbine Protocol
      • Sealevel and Scalability
    • SOL as the Native Token
    • SLE as the Representative Token
      • Tokenomics
  • Node-Box
    • What is a Node Box?
    • Benefits of Node Boxes
    • Pricing
    • Promotions
    • Node Box Utility
      • Node Box Farming
      • Validator Rewards
    • NFT Ticketing
      • Tournament Reward
      • Ongoing Tournament
    • Terms and Conditions
    • Privacy Policy
  • Referral System
    • How it works
    • Discounts for Referees
    • Claiming Referral Bonus
Powered by GitBook
On this page
  1. Introduction
  2. SLE as the Representative Token

Tokenomics

The total supply of SLE, the representative token of SOLeague, is capped at 1,000,000,000. The distribution of these tokens is strategically planned to ensure the platform’s growth, sustainability, and reward mechanisms. Here’s a detailed analysis of the SOLeague Tokenomics:

Token Distribution Breakdown

1. Node Box Farming: 45%

  • Allocation: 450,000,000 SLE

  • Description: Node Box Farming receives the largest allocation, emphasizing its importance in the SOLeague ecosystem. This allocation is designed to reward Node Box owners via farming activities, which involve mining SLE tokens through virtual nodes.

2. Validator Reward: 13%

  • Allocation: 130,000,000 SLE

  • Description: A decentralized network is more resilient and less prone to attacks. Allocating tokens for validator rewards promotes decentralization by encouraging a diverse set of participants to become validators.

3. Tournament Reward: 17%

  • Allocation: 170,000,000 SLE

  • Description: Tournament rewards are allocated to incentivize participation in sports predictions and other competitive activities within the SOLeague ecosystem.

4. Bridge (Blockchain Base): 10%

  • Allocation: 100,000,000 SLE

  • Description: This allocation is reserved for bridging and integrating SOLeague with other blockchain networks. Bridging is essential for expanding the ecosystem and ensuring interoperability.

5. Liquidity: 8%

  • Allocation: 80,000,000 SLE

  • Description: Liquidity is crucial for ensuring that SLE tokens can be easily traded on exchanges. This allocation supports market liquidity and stabilizes token prices.

6. Airdrop: 6%

  • Allocation: 60,000,000 SLE

  • Description: Airdrops tokens are used to distribute tokens to a wide audience, promoting the adoption and awareness of SLE.

7. Team: 1%

  • Allocation: 10,000,000 SLE

  • Description: A small portion of tokens is allocated to the team, ensuring they are incentivized to continue building and improving the SOLeague ecosystem.

PreviousSLE as the Representative TokenNextWhat is a Node Box?

Last updated 10 months ago