"When Sputnik first crossed the sky, I looked up and thought about the predetermination of the future. After all, that little light, moving rapidly from one end of the sky to the other, was the future of all mankind."
!!! This is the not final version !!!
!!! All parameters and criteria can be changed at any time, and moreover, will definitely be changed during the testnet !!!
!!! The final version of the distribution will be approved after the testnet and before the mainnet launch !!!
1 $SIGNAL = 1,000,000 uSIGNAL
Max Supply: 1,024,000,000 $SIGNAL
Initial Token Release: 1,024,000,000 $SIGNAL
The main usability of the $SIGNAL token:
All transactions within the require payment in $SIGNAL
All transactions within the can be divided into two types: Simple and Complex
!!! This list will be expanded !!!
attaching an address to a username, or attaching a username to a username, or attaching an address to an address
attaching an address to an NFT
sending from a username to an address or to another username
exchanging one coin for another
exchanging one NFT for another
delegating coins
re-delegating coins
unbonding coins from a delegation
replenishing liquidity pools
voting on proposals
!!! This list will be expanded !!!
sending coins to a list of addresses or usernames
sending NFTs to a list of addresses or usernames
creating and burning personal tokens
creating and burning NFTs and SBTs
creating NFT gifts with a pre-set value
creating Liquidity Pools on Sputnik DEX
creating a Trading Pair on Sputnik DEX (the ability to trade your own tokens through the Order Book, without providing liquidity)
Note:
Payment for transactions in $SIGNAL will be regulated by Validators, depending on the market price of $SIGNAL: - the higher the price of $SIGNAL on the market, the less $SIGNAL is needed to complete a transaction - the lower the price of $SIGNAL on the market, the more $SIGNAL is needed to complete a transaction
Example:
If 1 $SIGNAL costs 0.10$, then to send tokens and/or NFTs to 100 addresses and/or usernames, the user must pay: 0.01$ for 10 addresses -> 0.001$ per address -> 1$ for sending to 1000 addresses
If the price of $SIGNAL goes up, and 1 $SIGNAL costs 1$, and users stop sending transactions to lists of addresses because the price is too high ($10 for sending to 1000 addresses), then validators will reduce the payment in $SIGNAL, and 1 $SIGNAL will be enough to pay for a transaction to 1000 addresses ($1 for sending to 1000 addresses)
If the price of $SIGNAL goes down, and 1 $SIGNAL costs 0.01$, and it is not profitable for validators to provide security network because the price is too low ($0.1 for sending to 1000 addresses), then the validators will increase the payment in $SIGNAL, and 1 $SIGNAL will be enough to pay for a transaction to 10 addresses ($1 for sending to 1000 addresses)
! Please note that this is just an example that describes the self-regulation mechanism between the market price of $SIGNAL and the utility of $SIGNAL
!! The actual numbers will be the result of a mutually beneficial consensus between the needs of users to send transactions and the interests of validators
Validators and delegators will be able to hold $SIGNAL to provide security for the network
For staking $SIGNAL, validators and delegators will not only receive a reward for the first three years, but also Voting Power to participate in the Decentralized Governance of the Network
All issues related to changing parameters will be resolved by creating and voting on proposals
A user who has connected to the via the and has not attached a Personal Address can send a limited number of "free transactions" daily - payment for such transactions will be made in $SIGNAL from the , but Complex transactions will require payment in $SIGNAL
A user who has connected to the and attached a Personal Address can send an unlimited number of transactions, but must pay for transactions in $SIGNAL independently
Validators and delegators will receive a reward for holding $SIGNAL for the first three years, until the transfers security for the network
Projects and users will be able to provide liquidity in $SIGNAL pairs, both on and on other friendly DEXs
Projects and users will receive a reward for providing liquidity in pairs with $SIGNAL for the first three years from the , until the is transferred to the network for security
Distribution of rewards for providing liquidity in $SIGNAL pairs, both on and on other DEXs, will be determined by the
