Skip to main content

SPRNT Token

SPRNT is the native governance and utility token of the Sprinter Protocol. It is used to incentivize liquidity providers, solvers, and community participants.

Key Features & Utility​

Governance​

  • Stake SPRNT to earn veSPRNT
  • Participate in on-chain governance decisions

Incentives & Rewards​

  • Distributed to LPs and solvers for protocol usage
  • Used to bootstrap solver routes and usage

Safety Module​

  • SPRNT can be staked to secure the protocol
  • Rewards are earned in exchange for risk of slashing

Bonding Pools​

  • Solvers can create Bonding Pools, where SPRNT can be bonded
  • Bonded SPRNT will allow solvers to have more favourable borrowing conditions
  • Bonding Pools will be controlled by governance and include slashing mechanisms

Token Supply & Allocation​

  • Total Supply: 1,000,000,000 SPRNT
  • Token Standard: xERC20
  • Network: Ethereum Mainnet

More details on the token generation event and distribution will be released soon.