SALSalvium (SAL) Price

1.Project introduction

Salvium is a cutting-edge proof-of-work private blockchain that seamlessly combines staking, privacy, and DeFi capabilities while navigating crypto regulations. Built on a fork of Monero, it retains Monero's advanced privacy features such as stealth addresses and ring signatures. However, Salvium introduces groundbreaking innovations that significantly alter transaction mechanics, creating a unique solution in the DeFi space.

2.Token application and distribution

Token application:

gas fee

staking rewards

Token distribution:

The project is funded by a 12.01% pre-mine, which is partially locked. These funds will be allocated to build and operations. Miners and stakers will earn 88% of the total supply, plus tail emissions.

1. Build - 3.5%

Salvium became a reality in early 2023 thanks to the vision and dedication of its early developers and contributors. 3.53% of the pre-mine will be allocated as incentives for these active team members and suppliers to support the project's launch.

2. Operations - 8.48% (locked)

The long-term success and sustainability of the Salvium protocol rely on continuous development and innovation. To support this, 8.48% of the initial supply is set aside for ongoing enhancements, smart contract integration, and new feature implementation through bounty and grant programs.

These tokens are time-locked in a governance wallet and released over 24 equal monthly installments. By the end of this period, the project aims to be self-sustaining, funded by system fees(gas fees) generated within the ecosystem.

3. Block Rewards - 87.99%

The block reward is initially split between stakers (20%) and miners (80%). Once DeFi features are operational, the miners will receive 100% of the block reward, as stakers will receive a share of system fees.