SIR Token Public Sale
The first version of SIR was exploited due to an overlooked critical bug, draining our full $355K TVL after just one month live. We are now raising funds through a public sale to finance multiple private audits and a public audit.
SIR offers a one-of-its-kind leverage primitive built for long-term holders. We are committed to honoring our believers and bringing SIR back stronger, with every vulnerability patched.
By participating, you help make the SIR relaunch a reality.
Contribute
1. Select a Stablecoin: Choose one of the supported stablecoins—USDT, USDC, or DAI—for your contribution.
2. Make Contributions: You can make multiple contributions during the sale.
3. Withdrawal Flexibility: You can withdraw within 24 hours, unless the sale has ended.
4. Token Unlock Schedule: SIR tokens will unlock gradually over a period of three years to avoid sudden dumps into the market.
How it works
1
SIR issues tokens at a constant rate indefinitely. 4.17% of total emissions in the first 3 years are allocated to the public sale. SIR's implied valuation at the 3-year mark is $3.6M.
2
We are currently conducting 3 private audits. After the sale, up to $50K will fund one public audit. Once the audit process is complete, the relaunch is estimated to happen 1 month after the sale concludes.
3
The SIR token is a decentralized share of the protocol. Stakers receive a share of the protocol fees, converted and paid out in ETH. For more details, please see our documentation.
Token issuancefor the first three years
Token issuanceafter three years
