Tokenomics

*WIP*

Disclaimer: MyShell is currently in the testnet phase of development. As such, the details outlined in this whitepaper are non-final and subject to potential future revisions as the project progresses through additional testing and feedback. This document is intended for informational purposes only and does not constitute a guarantee or promise.

Introduction to $SHELL

$SHELL is the most important token within the MyShell ecosystem, for accessing premium features, supporting creators, and settling usage charges.

The total supply of $SHELL is 1,000,000,000, which will be gradually released over time. It also includes a burning mechanism, so 1,000,000,000 coins is the hard cap for the total token supply, maintaining a healthful degree of deflation.

Distribution	Allocation %	TGE Unlock %	Vesting
Private Sale	26%	0%	1 year cliff and linear release over following 3 years
Advisors	3%	0%	1 year cliff and linear release over following 3 years
Team	17%	0%	1 year cliff and linear release over following 4 years
Partnership & Marketing	12%	3%	Linear release over 5 years
Community Incentive	40%	5%	Linear release over 4 years
Liquidity	2%	2%	N/A
Total	100%	10%

Circulation Diagram of $SHELL

Understanding the Tokenomics of $SHELL

For information on how $SHELL is distributed to the community, please refer to ->