SDM Token Utility
Last updated
Last updated
SDM holds a crucial function in motivating users to engage with the Shieldeum network and guaranteeing its seamless functioning. An important highlight of our tokenomics is that SDM is a deflationary token, there is no inflation of any kind given for any reward or for any of the Utility cases described below.
Specifications:
Token Name: Shieldeum Token Ticker Symbol: $SDM Supply: 1,000,000,000 (1 Billion) Issuing Network: Binance Smart Chain / Ethereum Token Standard: BEP-20 / ERC-20 Archetype: Utility Economic Model: Deflationary Supply Policy: Burning Below are several methods through which SDM is employed within the Shieldeum network:
Shieldeum specializes in providing streamlined Internet security solutions tailored for both crypto users and Web3 projects.
1.Application Service Fees: Within our ecosystem, SDM serves as the ultimate mode of payment. This enables consumers and businesses to seamlessly pay for service deployments, ensuring a smooth and efficient process. Each service deployed on the Shieldeum network triggers an SDM transaction, visible in real-time on our live dashboard.
2.Protocol Usage Fees: The Shieldeum protocol defines the framework for forming Internet tunnels and transmitting data. It establishes encryption, authentication, and data encapsulation methods. Any company can integrate this protocol into its applications. For instance, Brave Browser may wish to incorporate native VPN functionality. Protocol usage fees are paid in crypto or fiat and automatically converted into SDM through the Protocol Smart Contract.
3.SDK Development with SDM Token: Access to powerful SDK development tools is facilitated through SDM Token. Users pay API call fees on a Pay-Per-Use basis, ensuring flexibility and transparency in the creative process.
4.Free Access with SDM Holding: Holding $100 or more worth of SDM grants users complimentary access to our Encrypted Private Network (EPN) service.
5.Node Launchpad: Inclusion into a Tier level for Shieldeum Node Pad. In order to unlock complete access to the benefits provided by the Shieldeum Node Pad and access all of the potential projects, users must stake their $SDM to accumulate tier points. Deduced from a a combination of the amount of tokens staked and the duration they are staked for, users gain different tiers, each with its own degree of unique benefits.
6.Node Usage and Idle Time Profits: Nodes receive SDM token payments for both active usage and idle time. Even when not actively engaged, nodes contribute to the network by inferring hosted models, earning rewards for their participation.
7.Node Pool Staking: Accessibility to the Shieldeum Ecosystem is ensured through Node Pool Staking, allowing individuals to participate regardless of their SDM holdings. Proceeds are distributed proportionally based on percentage ownership, fostering inclusivity.
8.Whitelabel Partnership Integration: Companies integrating SDM payment into their services receive percentage-based discounts. This encourages widespread adoption across various sectors, from VPN and hosting to antivirus and dedicated server providers.
9.Protocol Market Buyback: Settlements in currencies other than SDM are automatically converted into SDM through market buyback mechanisms. This ensures liquidity and incentivizes transactions within the ecosystem.
10.Liquidity Farming: Users can earn SDM and USDT by staking liquidity provider tokens (LP Tokens). This allows them to earn from trading fees while providing liquidity for the SDM/USDT pair.
11. Burn Mechanism: 10% of revenue is used to burn SDM token. SDM will be automatically sent to the publicly trackable 'dead wallet.' The percentage of revenue used for the Burn is controlled by the DAO.
12.Network Governance with SDM: SDM holders play a pivotal role in network governance, proposing changes that influence pricing, development, and the overall direction of the network
13.DAO Voting Rights: By joining the Decentralized Autonomous Organization (DAO), members gain voting rights, enabling them to influence project development and safeguard against malicious activities. Through collaboration within the DAO, members contribute to the growth and sustainability of the ecosystem.
1. Application Service Fees 2. Protocol Usage Fees 3. PPU SDK Deployment/API call fees 4. Hold for Free Access 5. Node Launchpad
Market Lockup:
5. Node Usage & Idle Time Profits 6. Node Pool Staking
Growth:
8. Whitelabel Partner Integration 9. Protocol Market Buyback 10. Liquidity farming 11. Burn Mechanism
12. Governance 13. Voting
Market Demand:
DAO: