Tokenomics
Secura Money (SEMO) is the native token of the Secura Finance platform on arbitrum and provides value for liquidity providers, farmers, and token stakers. You can earn SEMO by using the Secura vaults.
Token Supply and Emission
SEMO is mainly minted based on the profit generated through performance fees from Secura vaults. Reward APY is flexible depending on two factors: deposit amount and pool amount.
The total supply of SEMO is 100,000,000 tokens.
Up to 20% of the performance fee will be used to buyback SEMO to form Protocol Owned Liquidity (POL).
The rest of the performance fee, after protocol expenses are paid, is distributed as the native protocol token (SEMO) to staked users.
The emission rate of SEMO will significantly decrease over time and will last for two years.
Tokenomics
Ticker: SEMO Contract Address: 0x8911392aC8D9Ea23e5a78175A347e5295457BaBd (Arbitrum)
Max Supply
100,000,000
-
Team
5,000,000 (5%)
1 year
Investor/advisor
15,000,000 (15%)
6 months
Pre-lDO incentive
10,000,000 (10%)
-
IDO (presale)
10,000,000 (10%)
-
Liquidity provision
5,000,000 (5%)
-
Marketing/collaboration
10,000,000 (10%)
-
Liquidity Mining/Ecosystem
45,000,000 (45%)
-
Presale
The funds raised will be locked in liquidity for a period of 6 months.
Date
TBA
Presale Rate
1 ETH = 33,000 SEMO
Listing Rate
1 ETH = 30,000 SEMO
Hard Cap
303 ETH
Min / Max Contribution
0.05 / 5 ETH
Tokens for Presale
10,000,000 SEMO
Usage
Both staking SEMO and locking SEMO allow users to earn profits generated from Secura vaults.
In addition, locking SEMO also boosts the amount of SEMO earned by up to 100% for most of Secura's vaults and allows users to participate in the governance process of Secura.
Safety
SEMO contracts will be audited by Certik, one of the leading professional auditing firms in the industry.
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