Skyren Whitepaper
  • Introduction
  • What Are Crypto Airdrops?
  • Why Choose Skyren?
  • Project Overview
    • Reward Distribution
      • Point Collection
      • Liquid Token Collection
    • Selection Process
      • Asset Security
    • Non Liquidity Tasks
      • Skycation Center (Discord)
  • Polygon Blockchain
    • EVM Capability
    • QuickSwap (DEX)
    • Bridging To Polygon
  • Token Information
    • Token Trade Tax
    • Token Distribution
    • Token Staking
    • Tokenomics
    • Centralized Exchanges
    • UNCX Integration
    • Community Disclosures
  • 🟣Skyren DAO
    • Ethereum Home Chain
      • Cross Chain Voting Weight
    • Funding Sources
      • Initial Capital Formation
    • Skyren DAO Reward Boost
    • DAO Contributors
      • DAO Contributor NFT Keys
    • Security
    • Liquidation Events
  • 🔷Skyren: The Skydrop
  • Project Roadmap
  • Frequently Asked Questions
  • Official Links
  • Contract Addresses
  • Security Reports
  • Legal Disclaimer
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  • Skyren Foundation Disclosure
  • Token Holdings and Utilization
  • Foundation Rights and Token Usage
  • Reward Distribution
  • User Acknowledgment
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  1. Token Information

Community Disclosures

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Last updated 3 months ago

Skyren Foundation Disclosure

Token Holdings and Utilization

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.

Foundation Rights and Token Usage

The Skyren Foundation and its contributors:

  1. Are entitled to these tokens as per the project's design.

  2. 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.

Reward Distribution

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.

User Acknowledgment

By engaging with the Skyren project in any capacity, users explicitly acknowledge and agree to the following terms:

  1. The Foundation's holding of SKYRN tokens.

  2. The Foundation's right to use these tokens for project advancement.

  3. 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.