Token Economics

STRIP Tokenomics

The STRIP token powers the StripChain ecosystem — used for gas, cryptoeconomic security, and value capture across the entire protocol.

Gas Token

STRIP tokens are utilized as the gas tokens on StripChain's Layer 3 Blockchain.

Cryptoeconomic Security

STRIP tokens are used as a tool to provide cryptoeconomic security to the system in the form of staking, slashing and by rewarding through staking rewards.

Value Capture

STRIP tokens are designed to capture all values generated within the system.

More information about this will be revealed later.

Token Supply

$STRIP — 300,000,000 tokens at TGE

Initial supply distributed across five categories at Token Generation Event.

Distribution

Category

%

Tokens

VCs (Existing backers of Silent Research Labs)

10%

30,000,000

Community Sale (Initial Time Train Community Sale)

22.59%

67,770,000

Team & Advisors

17.41%

52,230,000

Ecosystem I

20%

60,000,000

Ecosystem II

30%

90,000,000

Vesting Schedule

Category

Schedule

Existing Backers

No Vesting

100% deposited to ITTC affiliated exchange

Community Sale

No Vesting

100% deposited to ITTC affiliated exchange

Team & Advisors

1 Year cliff, 4 years vesting

Ecosystem I

5 years linear vesting

Ecosystem II

6 years linear vesting

Learn More About Our Economics

Dive deep into StripChain's economic model and understand how our tokenomics drive sustainable growth