This article will explain Stratos’s token metrics ahead of our IDO token sale on Polkastarter.
Users of the Stratos network are debited STOS tokens based on their volume of data moved through the network. The Proof-of-Traffic algorithm transparently charges the user based on indisputable transaction records recorded on the Stratos Blockchain.
STOS token utilities:
- STOS will be staked/delegated to validators to secure the Blockchain network.
- STOS will be issued as Proof-of-Traffic mining reward.
- STOS will be consumed in the payment of the transaction fee.
- STOS will be prepaid for Stratos Resource Network service traffic fee.
At a Glance
Token Ticker: STOS
Total Supply: 100,000,000
Initial Liquid Tokens: 8,125,000
Initial Market Price: 0.3 USD
Token Allocation by Percent
Our total strategic sale (consisting of 1 seed and 2 private sale rounds) is 20% of all our tokens. The initial sale will be used for our technology development, community building, partnerships, and marketing to build out Stratos Decentralized Data Mesh.
Token Unlock and Vesting Schedule:
Seed: 25% unlocked at TGE. Quarterly vesting over 9 months.
Private Sale 1: 25% unlocked at TGE. Quarterly vesting over 9 months.
Private Sale 2: 30% unlocked at TGE, Quarterly vesting over 9 months.
Public: 100% unlocked at TGE.
Team: 10% unlocked at day 270. Quarterly vesting over 12 months.
Ecosystem Development & Partnerships: 10% unlocked at TGE. Remaining utilized when partnerships are established.
Liquidity Provision Fund: 30% unlocked at TGE. Remaining utilized for new exchange listing relationships.
Foundation Reserve: 10% unlocked at day 360. Remaining quarterly vesting over 12 months.
Stratos is the next generation of decentralized Data Mesh that provides scalable, reliable, self-balanced storage, database, and computation network. Stratos is born for scaling blockchain process capacity while retaining the decentralized benefits of a distributed protocol including trustless, traceability, verifiability, privacy, etc.
Stratos is best positioned to support data storage and adoption for developers and users in this ever-expanding digital economy. Stratos strives to make decentralized data adoption easier for the blockchain industry and Web 3.0.
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