SKU (Sakura) Introduction

I. Brief Introduction

Sakura Finance is the sister network of Clover Finance that’s living on the Kusama mainnet. Sakura Finance aims to deliver a one-stop cross-chain and Defi solution to users. With EVM compatibility, users will be able to move their existing DApps to Sakura Finance just by one-click. In addition to low gas and high performance, Sakura Finance’s unique gas fee redistribution model will distribute a portion of the gas to smart contract creators and network maintainers.

Sakura Finance’s token SKU will be supported natively inside the Clover Cross-chain Extension Wallet and Mobile Wallet. This will give users native dApp support of Sakura, as well as access to the custom build SKU<->ETH and SKU<->BSC bridge. Sakura cross-chain transaction explorer can consolidate users’ transactions, display the status and support SKU manual claims.

II. Token Information

Total Supply: 1 billion SKU
Circulating Supply: 0 at the moment, 4.94% on TGE
Private Round Price: 0.01 USDT

Allocation

Percentage

Lock-up & Release Plan

Parachain offering for year 1

20.00%

36 months linear unlock from TGE

Community

10.00%

28% unlock on TGE, remaining 72% to be unlocked linearly in 36 months

Team

10.00%

36 months linear unlock from TGE

Marketing

7.50%

36 months linear unlock from TGE

Ecosystem Incentives & Future Parachain

35.00%

36 months linear unlock from TGE

Foundation

12.00%

36 months linear unlock from TGE

Contributors Grant

5.50%

36 months linear unlock from TGE

III. Related links

1) Official website: https://clover.finance/sakura

2) Whitepaper: https://clover.finance/techpaper.pdf

3) Social Media

Note:The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.

 

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