Community Disclosures
Last updated
Last updated
The Skyren Foundation hereby discloses that it holds a portion of its native token (SKYRN) as outlined in the tokenomics section of this official white paper. This holding is an integral part of the project's structure and operations.
The Skyren Foundation and its contributors:
Are entitled to these tokens as per the project's design.
May utilize these tokens at their discretion to further the operations and growth of the Skyren project.
"Team Tokens," as defined in the Skyren tokenomics, are subject to a minimum linear vesting period of one year. To ensure transparency, documentation verifying this vesting schedule will be made available to all Skyren token holders at the time of the token launch.
As detailed in this whitepaper, the Skyren Foundation and its contributors are entitled to a percentage share of all rewards generated by the Skyren DAO.
Tokens held by the Skyren Foundation are not eligible to receive regular DAO rewards or Skyren DAO Boost rewards.
By engaging with the Skyren project in any capacity, users explicitly acknowledge and agree to the following terms:
The Foundation's holding of SKYRN tokens.
The Foundation's right to use these tokens for project advancement.
The reward distribution structure as outlined in this whitepaper.
We encourage all community members and potential participants to review the white paper thoroughly to understand the complete tokenomics and reward distribution structure.
This disclosure is provided in the interest of transparency and to ensure all participants are fully informed about the project's structure and operations.
