Token Distribution

SPS tokens are being issued / unlocked via a pre-determined schedule which lasts for approximately 65 months from the date that the token is first released.

The maximum total supply of SPS tokens will not exceed 3,000,000,000 which are planned to be allocated as follows:

Source	Tokens	% of Total	Release Schedule
Airdrop	400,000,000	13.33%	Issued over 12 months
Foundation / DAO	300,000,000	10.00%	Issued over 65 months
Private Sale	200,000,000	6.66%	Unlocked over 10 months
Unallocated	270,000,000	9.00%	Unlocked over 65 months
Partners / Advisors	30,000,000	1.00%	Unlocked over 24 months
Play to Earn	900,000,000	30.00%	Issued over 65 months
Staking / LP / Oracle Rewards	900,000,000	30.00%	Issued over 65 months
Total Amount	3,000,000,000	100%

The primary goal of the token is to reward Splinterlands players and asset holders, which is why 13.33% of the total token supply was airdropped over a 12 month period to holders of nearly all types of Splinterlands assets. For more information on the airdrop, please see the Airdrop section of this document.

Next, 10% of the total token supply was added into a foundation which is controlled exclusively by the DAO. 50,000,000 of the foundation tokens were issued on day one and the remainder were released to the DAO's multisig wallet upon launch of the SPS Validator Network. This means that SPS token holders are able to submit proposals and vote on how/if those funds should be used. For more information please see the Governance Voting System section of this document.

6.66% were offered directly in a private sale to a select group of advisors and influencers who helped promote both the token and the Splinterlands product to their audiences and networks and helped to ensure that the project had a successful launch. Tokens purchased as part of the private sale were subject to a vesting period with 10% of the tokens vesting and becoming liquid every month for a total of 10 months. All proceeds from the sale are being used for the development, promotion, and ongoing maintenance of the SPS token and ecosystem.

9% of the total token supply was left unallocated and are available for token holders to allocate for any purpose they wish via the governance proposal system. A portion of these tokens were allocated to a reward pool for the Soulkeep (Tower Defense) game via DAO proposal. The remaining unallocated tokens are being held in the SPS DAO multisig wallet.

1% of the token supply was reserved for partners and advisors of the project who work with the SPS token team and assist and/or provide advice on all areas of the project as well as help to market and promote the project. These tokens were unlocked in 12 monthly increments starting one year from the launch of the SPS token.

Finally, the remaining 60% of the total token supply is going towards rewarding players, SPS holders, liquidity providers, and validator node operators. These tokens are being released on a fixed schedule over a 65 month period and go into separate pools for the various different areas to be rewarded. Please see the Play to Earn & Reward Pools section of this document for the full distribution schedule and breakdown of these rewards.