πŸ’° SCIX Token

The Scientix team believes in the values of fair launch. So 100% of the tokens will be obtained by staking certain tokens and liquidity pool tokens in the Staking Pools contract.

  • The Scientix team has access to an exclusive staking pool, which will receive 25% of the SCIX block reward.

  • 15% of SCIX tokens are reserved for future strategic expenses. These include listing fees, audits, third-party services, liquidity for partnerships, etc.

    • 1% of the SCIX tokens will be the incentives of 5 multi-sig cosigners which will be the initial governance DAO until fully on-chain governance is ready.

    • 2% of the first year SCIX supply will be mint at the launch time as the funding of initial liquidity provisioning and auditing fees.

  • ALPACA token holders have access to an exclusive staking pool, which will receive 5% of the SCIX block reward.

  • Stakers and liquidity providers are eligible to obtain 55% of the SCIX block reward.

πŸ₯€ What is the SCIX token used for?

Governance

SCIX Tokens give holders governance rights over the direction of the protocol and use of the treasury.

The Scientix DAO will begin as a developer multisig (2 votes from ALPACA, 2 votes from Scientix, one vote from independent signer) with signaling through the Snapshot app. It will transition into a feature complete DAO.

Farming

33% of SCIX tokens are for SCIX/BUSD PancakeSwap LP tokens' farming. This pair will provide a liquid market for SCIX tokens.

11% of SCIX tokens are for SCIX tokens' farming. This pool is to reward those SCIX holders who may not be able to join the SCIX/BUSD pool because of too much risk. The lifetime of this pool will be determined by the community.

Capture Economic Benefits of the Platform

10% of ALPACA yields will be transferred to the treasury. All of them will be distributed to stakers of SCIX.

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