Detailed $SRD Tokenomics

Token Supply & Distribution

Exclusive Access: Users must hold at least 1 $SRD to access SOLCRED lending and borrowing services.
Borrowing Fees: Borrowers pay fees in SOL/USDC, which fund lender rewards and fuel the $SRD buyback & burn mechanism.
Insurance Fund: A portion of all fees is allocated to the insurance pool, ensuring lender safety in case of borrower defaults.
Governance Power: Future governance decisions—such as lending rate adjustments and feature updates—will be determined through $SRD holder voting.
Scarcity Model: The total supply of 2,000,000 $SRD is fixed, and continuous burning through transaction fees reduces circulating supply over time, increasing token scarcity and value.

Last updated 2 months ago

Exclusive Access: Users must hold at least 1 $SRD to access SOLCRED lending and borrowing services.
Borrowing Fees: Borrowers pay fees in SOL/USDC, which fund lender rewards and fuel the $SRD buyback & burn mechanism.
Insurance Fund: A portion of all fees is allocated to the insurance pool, ensuring lender safety in case of borrower defaults.
Governance Power: Future governance decisions—such as lending rate adjustments and feature updates—will be determined through $SRD holder voting.
Scarcity Model: The total supply of 2,000,000 $SRD is fixed, and continuous burning through transaction fees reduces circulating supply over time, increasing token scarcity and value.

Last updated 2 months ago