# SVR Token

**SVR Token Overview**

**Maximum Supply: 100,000,000** \
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**Initial Supply: 5,000,000** \
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**Initial Price: $0.001** \
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**Launch Date:  Christmas Day 2023**\
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**Contract address：**[**0x0ec2EF724990804260157AeDbF7e5386C1f4B260**](https://etherscan.io/token/0x0ec2EF724990804260157AeDbF7e5386C1f4B260)\
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**UNI V3 fluidity**

## Token distribution

SVR Token Team Lock

{% hint style="info" %}
[0x5E8318A79ACc9B1460262098Ae87a5c9Fd1166A8](https://etherscan.io/token/0x0ec2EF724990804260157AeDbF7e5386C1f4B260?a=0x5e8318a79acc9b1460262098ae87a5c9fd1166a8)\
\
20,000,000     Unlock 2.5% every 6 months for a total of 48 months
{% endhint %}

SVR token holder reward  lock

{% hint style="info" %}
[0xA30c1407D3a0ffeF02B13446a076b593Df2cA8ec](https://etherscan.io/token/0x0ec2EF724990804260157AeDbF7e5386C1f4B260?a=0x94c61580013f02f3e63f50fb69056fc698b8c585)\
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30,000,000  Unlock 1% every 1 months for a total of 30 months
{% endhint %}

Airdrop distribution address

{% hint style="success" %}
[0x5E8318A79ACc9B1460262098Ae87a5c9Fd1166A8](https://etherscan.io/token/0x0ec2ef724990804260157aedbf7e5386c1f4b260?a=0x5e8318a79acc9b1460262098ae87a5c9fd1166a8)\
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40,000,000  NFTR holders whitelist (Platinum version), community pioneers, TWitter and other media activities are airdropped and distributed.
{% endhint %}

SVR token Community operations&#x20;

{% hint style="success" %}
[0xc147662D9AD9bD31F55c2c8ED6fBdb3317103D7f](https://etherscan.io/token/0x0ec2EF724990804260157AeDbF7e5386C1f4B260?a=0xc147662D9AD9bD31F55c2c8ED6fBdb3317103D7f)\


5,000,000  Community operations&#x20;
{% endhint %}

UNI V3 fluidity

{% hint style="success" %}
[0x9A9EEd10c8042e26634a2dD3a84392c7a29C36f8](https://etherscan.io/token/0x0ec2EF724990804260157AeDbF7e5386C1f4B260?a=0x9A9EEd10c8042e26634a2dD3a84392c7a29C36f8)\
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5,000,000 UNI V3 fluidity
{% endhint %}

Buy back and destroy

{% hint style="warning" %}
[0xBd483dDA89Fad52Fa4cB3bAB76f14B5A63826Ad4](https://etherscan.io/token/0xCCF27D3FfF920D999Cc7e8a3fc847a96BCa44cCd?a=0xBd483dDA89Fad52Fa4cB3bAB76f14B5A63826Ad4)
{% endhint %}

<figure><img src="https://2635496156-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F9UXftk5RVHMGMMMDCKr2%2Fuploads%2FrMZXZKMBTC8oKTDTI3oo%2Fphoto_2023-12-24_06-25-29.jpg?alt=media&#x26;token=7ba68a09-4f3f-49e7-b597-4f2c2c8fb2f9" alt=""><figcaption></figcaption></figure>

## **Token Issuance and Core Value Proposition**



1. **Token Model**\
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   To actively promote community engagement, we plan to introduce our unique native token, SVR TOKEN. This token will serve as the fundamental digital asset within the Discord community, representing users' rights and participation in the project.\

2. **Token Utility SVR TOKEN will have multiple use cases within the project, including but not limited to:**

* Purchasing VR devices and products.
* Participating in community voting to influence project direction.
* Acquiring virtual assets such as [NFTR (Name: New World).](svr-nftr-new-world)
* Serving as a payment method for community rewards, competitions, and activities.
* Furthermore, after the launch of the app in 2023, additional powerful features will be unlocked.

3. **Token Buyback and Burn**\
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   To maintain token stability and control supply, following the release and market placement of the SVR product, each set of activated and used SVR tokens will mint a  [NFTR(New World)](svr-nftr-new-world). We will establish the following mechanism: for every minted[ NFTR (New World)](svr-nftr-new-world), 1,000 SVR TOKENs will be repurchased and burned. This process will gradually reduce the total supply, increasing token scarcity and perceived value.\
   \

4. &#x20;**Token Holding Incentive Rewards**\
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   Token holding incentive rewards will be based on the previous month's average daily wallet holdings, calculated on the first business day of each month and distributed according to the proportion of the total circulating token supply. A total of 30 months, with a monthly reward rate of 1%. The minimum holding requirement is 100,000 TOKENs, and users holding less than 100,000 SVR tokens will not be eligible for holding rewards. （Daily average value for the month）\


<figure><img src="https://2635496156-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F9UXftk5RVHMGMMMDCKr2%2Fuploads%2FNQ7htJNWQ7qTt0rS4sC2%2Fspaces_9UXftk5RVHMGMMMDCKr2_uploads_su4X2W1TbkxJsm7losEh_image.webp?alt=media&#x26;token=b5b873f3-959c-423e-aded-dd4e4a848380" alt=""><figcaption></figcaption></figure>

{% embed url="https://media.publit.io/file/HnVideoEditor-2023-08-27-040051881.mp4" %}
