Tokenomic
Last updated
Last updated
SHIT was 100% released upon launch, with no private sales, no pre-mines, and no pre-allocations. The first 10% is designated for the Solana ecosystem. The remaining 90% may bridge to other protocols, expanding SHIT’s vision across all major blockchain networks.
Majority of the tokens are placed under accredited custody of multisignature wallets requiring 3 signatures or 4 parties to approve. Two independent student members hold two of the signatures. The third signature must be jointly confirmed by two separate foundations.
In the future, these multi-signature wallets can transition to fully transparent smart contracts, ensuring an automated and trustless distribution system. The release of SHIT tokens will be structured over at least 20 years, reinforcing the long-term vision of the project.
SHIT Contract Address:
ShitJuMfPKCQU7LedLERFYapDta7CCdKExPWX2gETRH