# $SHELL Basics ## **Introduction to $SHELL** $SHELL is the native token powering the MyShell ecosystem, granting access to premium features, enabling creator support, and facilitating payments. Our thriving ecosystem is powered by three key AI players: creators, consumers, and investors. These roles are interdependent, supporting each other and collectively forming our vast ecosystem. $SHELL will be strategically distributed as the MyShell ecosystem grows and evolves. The total supply of $SHELL is capped at 1,000,000,000 tokens, which will be gradually released over time to cultivate a deflationary economy and maintain token scarcity. ## $SHELL Distribution

Distribution	Allocation %	TGE Unlock %	Vesting
Private Sale	29%	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	12%	0%	1 year cliff and linear release over following 4 years
IDO	4%	4%	Unlocked at TGE
Marketing	2.5%	2.5%	2.5% unlock at TGE, utilizing 1% at end of third month and 1% at the end of six month
Binance Wallet Airdrop	1%	1%	Unlocked at TGE
Ecosystem and Treasury	8.5%	2.5%	2.5% unlock at TGE, rest linear vest over 5 years
Binance HODLer	5%	5%	2.5% upon Binance listing and 2.5% at the end of six month
Community Incentive	30%	7%	7% unlock at TGE, rest linear vest over 5 years
Liquidity	5%	5%	Unlocked at TGE
Total	100%	27%

* **Ecosystem/Treasury:** Tokens are allocated to the treasury for purposes such as onboarding strategic partners, developing the on-chain ecosystem, and facilitating special governance proposals. * **Community Incentive:** Tokens are allocated as incentives for the community. Distributed seasonally, these tokens reward community users for completing seasonal tasks, creating AI apps, providing liquidity, and other activities that engage consumers, creators, and patrons. ## **Circulation Diagram of $SHELL**

## Supply Schedule As a team committed to long-term development and advancing alongside AI technology, our unlocking schedule extends over five years. You can confidently join us in building, growing, and thriving together.

**Disclaimer:** * **$SHELL** is the native token of MyShell. **$SHELL** contract (on ETH and BSC): `0xf2c88757f8d03634671208935974b60a2a28bdb3` * **Shell Coin** is an off-chain settlement currency implemented by MyShell team to incentivize early adopters within the Reward Center. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.myshell.ai/tokenomics/shell-basics.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.