Synthetix Network (SNX) Tokenomics

Learn more about Synthetix Network (SNX) tokenomics and view project details below

What is the token allocation for Synthetix Network (SNX)?

The Initial token distribution of Synthetix Network (SNX) is as follows:

• 60.00% is allocated to Investors and Token Sales
• 3.00% is allocated to Bounties and Marketing Incentives
• 5.00% is allocated to Partnerships
• 12.00% is allocated to Foundation
• 20.00% is allocated to Team and Advisors

What is the supply schedule for Synthetix Network (SNX)?

The initial token sale for SNX is on 28 Feb 2018. The total supply of this token is capped at 282,337,310 with an inflationary type emission rate since genesis. The supply of SNX is expected to be fully vested on Mar 2024.

What are the funding rounds for Synthetix Network (SNX)?

• $250,000 was raised in the Seed Round on 17 Sept 2017 
• $610,000 was raised in the Pre-Sale on Jan 2018, with an average price of $0.27
• $23,420,000 was raised in the Private Sale on Feb 2018, with an average price of $0.47
• $5,300,000 was raised in the Public Sale on Feb 2018
• $3,800,000 was raised in the Partnership Incentives on Oct 2019, with an average price of $0.76
• $12,000,000 was raised in the Funding Rounds on Dec 2020

Last updated: 15 July 2022

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