Full SQD tokenomics breakdown: SQD token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Key questions and answers about SQD tokenomics.
SQD token distribution allocates 1,337,000,000 SQD across 5 primary stakeholder groups:
SQD uses variable cliffs and vesting schedules that change depending on the allocation:
6% of the total supply (80,220,000 SQD) is unlocked at TGE, with the tokens split between Foundation and Public Sale.
SQD has a total supply of 1,337,000,000 SQD, of which 1,087,670,602 SQD (81.4% of total) is currently circulating.
Total length of the full SQD emission schedule is 8 years, with 36.60% released in Year 1, while the remaining 63.40% is released over the following 7 years.
12% of the SQD supply is allocated to community focused pools such as Worker Rewards, Testnet Worker, and Testnet Participants.
SQD revolutionizes Web3 with its decentralized data lake and query engine, designed for developers seeking scalable, permissionless, and efficient access to blockchain data. Built to challenge traditional rigid indexing frameworks and centralized infrastructure providers, SQD is powered by a modular architecture that enhances flexibility, scalability, and developer usability, making it a superior solution for blockchain indexing, decentralized applications (dApps), and decentralized cloud services. At its core, $SQD serves as the utility token underpinning the SQD ecosystem. It facilitates seamless access to network services and incentivizes network participation, such as staking, query processing, and data validation. Secured by zero-knowledge (ZK) proofs, SQD ensures data integrity and privacy while maintaining unrivaled computational transparency and efficiency—key features critical for modern Web3 applications. The platform's modular design supports horizontal scalability, allowing developers to effortlessly scale queries while reducing network congestion. This innovative approach outperforms traditional monolithic indexing systems, which often struggle to meet the demands of an evolving blockchain ecosystem. Additionally, SQD mitigates dependencies on centralized RPC and API providers, presenting a decentralized alternative that enhances reliability, sovereignty, and cost efficiency for Web3 developers. Beyond its functional strengths, SQD's tokenomics model serves as the backbone of its ecosystem. $SQD incentivizes participation from validators and contributors while maintaining a deflationary supply mechanism, ensuring the network's long-term sustainability and value growth. Fees for processing queries and storing data directly support the network's operational costs and reward participants, fostering a vibrant and self-sustaining community. Catering to enterprises, developers, and blockchain enthusiasts, SQD positions itself as the go-to decentralized infrastructure for creating applications on a truly open and neutral internet. With its foundations rooted in Web3 principles, SQD powers the next-generation internet by prioritizing decentralization, security, and performance—all backed by innovative, token-fueled economics. Explore SQD today and unlock the full potential of decentralized data solutions.