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Tokenomics

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Token Distribution

The $SCORE token distribution will be structured to ensure a balanced and fair allocation across various stakeholders, including early supporters, platform users, and future partners.

  • Liquidity Pool: 35% Ensuring sufficient liquidity for trading and maintaining the stability of the $SCORE token. A portion of this allocation will also be used to kickstart the initial pairs in our plans for a DeFi staking platform, providing incentives for liquidity providers.

  • User Rewards & Incentives: 25% To encourage active participation and contributions through reviews, upvotes, and engagement.

  • Partnerships: 10% Allocated for partner incentives, including rewards for strategic, project, and community partners.

  • Development & Team: 12% For ongoing platform development and team compensation, ensuring the growth and sustainability of SolScore.

  • Marketing & Growth: 8% For outreach and community engagement to grow the SolScore user base.

  • Reserves: 10% Held for future use cases, such as new features, platform expansion, and unexpected opportunities.

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Native Token Usage

SolScore will introduce its own native token, $SCORE, which plays a pivotal role in driving the ecosystem’s functionality and growth. The token is integrated into the core features of the platform, providing users with a medium of exchange, rewards, and access to premium features.

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Key use cases of the $SCORE token

  • Project Listing Fees: Projects must pay a fee in $SCORE tokens to be listed on SolScore. This helps prevent spam listings while generating revenue for the platform. The listing fee ensures that only serious projects participate, enhancing credibility.

    • Note: Initially, projects will be listed thru SOL payments, but once $SCORE is launched, project will do a community DAO voting if SOL remains as payment or $SCORE or both.

  • User Rewards: Users will earn $SCORE tokens by submitting verified reviews, upvoting valuable feedback, and participating in community governance.

  • Governance: Holders of $SCORE tokens will be able to participate in governance decisions, including future platform upgrades, key partnerships, and community-driven initiatives. The voting power will be directly proportional to the amount of $SCORE a user holds.

  • Premium Access: Users who hold a specific amount of $SCORE tokens will unlock access to exclusive features, including advanced analytics, insights, and trending projects.

  • Staking and DeFi Incentives: Once the $SCORE token is launched, we plan to introduce a DeFi staking platform where users can stake LP tokens paired with $SCORE. This platform will offer attractive rewards for liquidity providers, further enhancing the utility of the $SCORE token and providing a new way for users to earn additional tokens. This initiative will help in bootstrapping liquidity and encouraging long-term holding of the $SCORE token.

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Rewards and Incentives

SolScore’s platform revolves around a decentralized rewards system to encourage active participation and high-quality contributions from users. The native token, $SCORE, will be distributed as rewards based on various activities on the platform.

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Incentive mechanisms

  • Review Contributions: Users earn $SCORE tokens for submitting project reviews. Verified and insightful reviews receive additional token rewards, depending on the upvotes from the community.

  • Reputation System: Users who consistently contribute valuable feedback and reviews will climb the reputation ladder and receive higher rewards as their reputation grows.

  • Upvote/Downvote Mechanism: Active community members who help maintain the quality of reviews by upvoting helpful content and downvoting spam are also rewarded in $SCORE.

  • Referral Program: Users can refer new projects or community members to SolScore, earning rewards when their referrals successfully list projects or become active users.

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