$SILO
$SILO is the native token of the Silo Protocol. It can be staked for xSILO to access rewards and governance power.
info
A token migration has occured - if you hold the old SILO token, we encourage you to migrate to the new version to benefit from rewards, governance, and cross-chain compatibility. Migrate here.
Tokenomics
$SILO has a maximum circulating supply of 1 billion tokens with all tokens now fully vested and circulating except for the tokens allocated to the Community.
Community Treasury
410,000,000 SILO (41% of total supply) has been allocated to the Community Treasury which is under the control of the SiloDAO (i.e. xSILO holders).
Snapshot proposals have ratified three initiatives:
| Purpose | Allocation | Proposal |
|---|---|---|
| Vault Managers | 71,428,571 | https://snapshot.box/#/s:silofinance.eth/proposal/0x45f1c3cff26c511e56dc1eabc86746f460be0ec53f2414ba69e499725f7e8c44 |
| xSILO Stakers | 15,000,000 | https://snapshot.box/#/s:silofinance.eth/proposal/0xbd83a8d3a5225afc4d3cc659c38377bae13bcb1b764fad7dcf920c916794f18e |
| Silo Gauges | 35,000,000 | https://snapshot.box/#/s:silofinance.eth/proposal/0xbd83a8d3a5225afc4d3cc659c38377bae13bcb1b764fad7dcf920c916794f18e |
Token Contract
The following are the official contract addresses for the $SILO token.
Find $SILO
- CoinMarketCap
- CoingGecko
- SHADOW: WS/SILO, WETH/SILO
- MEXC
- BITMART