Tokenomi Supra (SUPRA)

Overview

SUPRA ($SUPRA) is the native token of the Supra MultiVM Layer 1 ecosystem. Its tokenomics are designed to prioritize long-term growth, community engagement, and sustainable ecosystem incentives. The token supply, allocation, usage, and unlocking mechanisms are structured to support Supra’s vision of a robust, decentralized infrastructure.

Issuance Mechanism

• Maximum Supply: The maximum supply of SUPRA tokens was increased from 10 billion to 100 billion tokens in preparation for the Token Generation Event (TGE). This change was made to ensure greater accessibility and growth potential for the community.
• Token Generation Event (TGE): The initial distribution and unlocking of tokens occur at the TGE, with a significant portion of the supply locked and released gradually over time.

Allocation Mechanism

The SUPRA token allocation is designed to support community, ecosystem, development, and long-term project sustainability. While a detailed allocation table is not available in the retrieved data, the following categories are emphasized:

Usage and Incentive Mechanism

• Utility: SUPRA is used for transaction fees, staking, governance, and as an incentive for validators and ecosystem participants.
• Ecosystem Incentives: Community members can earn SUPRA through participation in airdrops, ambassador programs (e.g., Supra Spartans), and ecosystem bounties.
• dApp Integration: SUPRA is used within dApps built on Supra’s MultiVM Layer 1, including for oracle services and decentralized finance (DeFi) applications.

Locking Mechanism

• Team and Investor Tokens: No team tokens are unlocked at TGE. Both team and investor allocations are subject to strict locking and vesting schedules to align long-term incentives.
• Gradual Unlocking: The majority of the token supply is locked at launch and released gradually over several years to prevent sudden supply shocks and promote ecosystem stability.

Unlocking Time

• Vesting Schedule: SUPRA employs a multi-year vesting schedule. Team and investor tokens are released gradually, with no immediate unlock at TGE.
• Community and Ecosystem Unlocks: Airdrops and ecosystem incentives are distributed over time, with mechanisms in place to reward ongoing participation and contribution.
• Long-Term Focus: The unlocking process is designed to extend over several years, ensuring that the circulating supply grows in a controlled and predictable manner.

Summary Table

Additional Notes

• Supra’s tokenomics are designed to avoid short-term speculation and encourage long-term participation.
• The project emphasizes transparency, with regular updates and community engagement regarding token supply and distribution.

For the most up-to-date and detailed breakdown, including any future changes to allocation or vesting, refer to official Supra announcements and documentation.