SB Token

WhitepaperCodeAirdrop

SB Whitepaper

In the blockchain world, consensus is everything.
Everyone is consensus.

SB is a 100% community token, which is decentralized through swap mechanisms and smart contracts.

SB TOKENOMICS

Token Name: SB Token

Token Symbol: SB

Maximum Supply: 10,000,000,000,000,000 SB

Allocation

RatioAllocationAmount
90%Swap9,000,000,000,000,000
10%Airdrop1,000,000,000,000,000

Swap

The SB swap ratio is based on the stablecoin (xUSDT) on each blockchain. For example, it based on USDTHECO on Huobi ECO Chain (Heco).

Initial swap ratio: 10 xUSDT = 1 SB NFT + 100,000,000 SB

After each swap, the amount of SB that can be swapped is reduced by 0.01% until 10 xUSDT = 1 SB NFT + 1 SB

1st10 xUSDT = 1 SB NFT + 100,000,000 SB (100,000,000 * 0.9999)
2nd10 xUSDT = 1 SB NFT + 99,990,000 SB (100,000,000 * 0.9999)
3rd10 xUSDT = 1 SB NFT + 99,980,001 SB (99,990,000 * 0.9999)
......
999999th10 xUSDT = 1 SB NFT + 1 SB
1000000th10 xUSDT = 1 SB NFT + 1 SB

Each address can only swap once and only 10 xUSDT allowed.

Airdrop

We will announce SB Airdrop from time to time.

Burning

Concentration hurts consensus. After every successful SB transfer, 0.01% (the ratio will be adjusted by SB DAO in the future) of the transfer amount will be burn.

Use of funds

The purpose of the funds we obtain is determined by SB DAO, including but not limited to: adding liquidity, R & D, marketing, charity, etc.

SB NFT

Each swap account can get a unique SB NFT, which represents the ranking of the swap. Each SB NFT is a testimony of consensus and unique artwork.

SB DAO

SB belongs to all SB holders. In the future, SB will distribute DAO tokens based on the SB NFT serial number ranking and SB holdings for SB governance.