# What is Slingshot?

The Roblox AI Game Launcher. Bet on the next billion dollar games.

​​Slingshot is a Web app that fuels a high volume of game launches within the Roblox ecosystem (85M+ daily players). \
\
Slingshot combines technology (Web3/AI), community, and top calibre developer talent to create endless opportunities for billion-dollar hits.

All powered by the $SLING token.

## How it works

#### :space\_invader: Game developers showcase their concepts

Successful Roblox developers form teams and publish their game concepts to Slingshot’s monthly showcase.

#### :zap: $SLING holders vote on the best ideas

The community, powered by $SLING token holders, use their gaming expertise to identify the most promising projects with billion dollar potential.

#### :unicorn: The top game wins funding & resources

At the end of each season, the highest-voted games receive up to $50,000 USD in funding plus tailored support in networking, resources, and distribution to maximize its success.

## Community-Powered Growth

**For Developers**: Get the funding, exposure, and backing needed to take your game from concept to success

**For $SLING Holders:** [Earn](/slingshot-dao/slingshot-app/earn) $SLING for voting and participating. All revenue and monetization from published games flows back to the community, ensuring shared success.

***

With **11 games already launched** and **3.3 million Monthly Active Players**, Slingshot is proving that community-driven publishing is the future of gaming.

## Want to know more?

Here are some quick links to the most popular topics

{% content-ref url="/pages/Qjgsgp9wuDECXwJVPMgZ" %}
[Slingshot App](/slingshot-dao/slingshot-app/overview)
{% endcontent-ref %}

{% content-ref url="/pages/p2FcJj93JpGERSGnfauq" %}
[Tokenomics](/slingshot-dao/tokenomics/usdsling-token)
{% endcontent-ref %}


# Vision and Mission

## Vision

To become the world’s largest community-owned IP library, where every game, story, or digital experience is collaboratively built, governed, and owned by its creators and fans.

## Mission

At Slingshot, the DAO’s mission is to revolutionize game publishing.&#x20;

As we expand, gaming will merge with films, podcasts, and all forms of digital entertainment, transforming users from consumers into co-owners and creators.

## Join us

[Discord](https://discord.gg/qck2TftEUn)

[X / Twitter](https://x.com/slingshotdao)

<br>


# TGE FAQ

A continuously updated document for common questions around the $SLING TGE.

## Buying $SLING

<details>

<summary>Where can I buy $SLING?</summary>

$SLING is listed on KuCoin, MEXC and decentralized exchanges.

</details>

<details>

<summary>What is the $SLING contract address?</summary>

Chain: Arbitrum One\
Chain ID: 42161\
Contract Address: 0x5F8a7c646511A790C53F171891E5d469cA884EdE\
\ <mark style="color:yellow;">$SLING is</mark> <mark style="color:yellow;"></mark><mark style="color:yellow;">**ONLY**</mark> <mark style="color:yellow;"></mark><mark style="color:yellow;">deployed on Arbitrum.</mark> Any $SLING tokens traded on other chains are a scam. Be diligent. Double check the contract address and that you are connected to Arbitrum.

</details>

## Stake & Earn $SLING

<details>

<summary>How do I stake my $SLING?</summary>

You can easily stake your $SLING within the Slingshot dApp.\
\
1\. Deposit $SLING\
2\. Stake your $SLING\
3\. Vote for upcoming games\
4\. Earn more $SLING and co-own published games!

Slingshot dApp: <https://app.slingshotdao.com>\
Read more: <https://docs.slingshotdao.com/slingshot-dao/slingshot-app/overview>&#x20;

</details>

<details>

<summary>What do I get for staking my $SLING?</summary>

Rewards! Earn more $SLING!\
\
By staking $SLING you receive non-transferable voting power to use across the Slingshot ecosystem. Vote for games to earn rewards and co-own the intellectual property of published games. \
\
Head over to the dApp to get started or read up on the docs to [learn more](/slingshot-dao/slingshot-app/earn).\
\
Slingshot dApp: <https://app.slingshotdao.com>\
Read more about staking, voting and earning $SLING here: <https://docs.slingshotdao.com/slingshot-dao/slingshot-app/overview>&#x20;

</details>

<details>

<summary>How much $SLING can I earn?</summary>

This depends on how much $SLING you lock and how long you lock it for! The more $SLING you lock, and the longer the lock duration, the more you will earn for participating.\
\
Read more about locking, voting and earning $SLING here: <https://docs.slingshotdao.com/slingshot-dao/slingshot-app/overview>&#x20;

</details>

## Tokenomics

<details>

<summary>What is $SLING total supply?</summary>

$SLING total supply is 5,000,000,000

</details>

<details>

<summary>What is $SLING circulating supply?</summary>

Circulating supply at TGE is approximately 184,000,000

</details>

<details>

<summary>Why is circulating supply approximately 184m?</summary>

Because there are refunds possible within the first 72hrs on the launchpads, as a result there could be less than 184m circulating. \
\
Any refunds will be sent back to the treasury which is for the community to decide how to spend.

</details>

## Airdrop

<details>

<summary>When will the Airdrop happen?</summary>

A snapshot till take place April 11th. Claims will go live April 18th.

<br>

</details>

<details>

<summary>Will Airdrop tokens be locked?</summary>

No. Airdrop tokens will be unlocked upon claim.&#x20;

</details>

<details>

<summary>Who will be eligible for the Airdrop?</summary>

A combination of active community members across beta app testers, Zealy, Discord, Telegram, Game Factory players and NFT holders.

</details>

<details>

<summary>How do I claim the Airdrop?</summary>

A claim portal will be available on <https://app.slingshotdao.com> closer to the time.

</details>

<details>

<summary>How many tokens will be in the Airdrop?</summary>

65,000,000 (sixty five million tokens)

</details>

<details>

<summary>I have an NFT, how do I get the Airdrop?</summary>

A portal to stake your NFT will be made available closer to the time.&#x20;

The need to stake your NFT is to prevent multiple claims or selling NFTs that have already claimed to unsuspecting buyers, but still allow the safe trading of the NFTs during the Airdrop period :raised\_hands:

</details>

## NFT Holder Private Sale

<details>

<summary>When will claiming be available for the NFT Holder Private Sale?</summary>

Claiming will become available March 18th 13:00 UTC in line with the TGE

</details>

<details>

<summary>How do I claim my tokens from the NFT Holder Private Sale?</summary>

The claim portal in the Slingshot dApp will go live on March 18th 13:00 UTC<br>

1. Login to the dApp and navigate to <https://app.slingshotdao.com/pending-payments>
2. On that page, connect your wallet that was used for the sale.
3. Your claimable balance will now be displayed.
4. Follow the on-screen instructions to complete the claim.
5. You will have two options when claiming. Choose one.
   1. Claim and Stake (This claims your tokens and automatically stakes them).
   2. Just Claim (This claims your tokens as unlocked balance).
6. Bosh! You will now have $SLING in your account.
7. Next steps... you can now either:
   1. lock your $SLING and start voting to earn(!) <https://app.slingshotdao.com/lock-and-generate>&#x20;
   2. or you can withdraw your $SLING to Arbitrum <https://app.slingshotdao.com/deposit-and-withdraw>

</details>

<details>

<summary>Are tokens from the NFT Holder Private Sale locked?</summary>

33% of the tokens can be claimed at TGE

\
33% TGE + 30d

\
33% TGE+60d

</details>

## Polygon Migration

<details>

<summary>When will the Polygon migration be available to claim?</summary>

The Polygon migration will go live March 2025 shortly after the TGE

</details>

<details>

<summary>How do I migrate my Polygon tokens?</summary>

A full step by step guide is available [here.](https://docs.google.com/document/d/e/2PACX-1vRgtqlESh1hy6cUN7TY5oloXmIj-T3xPCQ-TMbTdAKqWy-D8BgrykwhhcC0jWdJkfUlP5R8vclwN33K/pub)

Tokens from Polygon can be migrated in a few different ways:

1. If your Polygon tokens are locked, you can migrate them right away. They will stay locked on Arbitrum.
2. If your Polygon tokens are not locked, you can choose to lock them and also migrate them immediately.
3. If you don’t want to lock your unlocked tokens, you can still migrate them, but you will need to wait 60 days.<br>

<mark style="color:yellow;">**Important**</mark>**:** Pay close attention to your lock duration&#x73;**.** You can only have one lock per account. \
\
i.e. If you migrate a 4 year lock from Polygon, it will create a 4 year lock on Arbitrum.\
\
The migration portal will give you a preview before you confirm. Make sure you are happy with the token amounts and the lock durations before you proceed.

</details>

<details>

<summary>Why do I have to wait to migrate unlocked balances?</summary>

As per the [community vote on SIP-18](https://snapshot.box/#/s:slingshotdao.eth/proposal/0x5200e79b91ac381b7ac00188e6d19a65abae2c8235b0a9ea32dab9dfa59a8922), Slingshot negotiated for the best terms with CEXs and Launchpads, to get the widest support and distribution that exchanges offer, and to maximise the performance of listing with exchanges.\
\
Part of this deal was the agreement of various locks to maximise ecosystem growth for everyone.\
\
You can read about all the other locks and schedules in the tokenomics write up here: <https://docs.slingshotdao.com/slingshot-dao/tokenomics/usdsling-token>

</details>

This document will be continuously updated! More answers coming soon.


# Overview

The Slingshot app is a next generation decentralized application (dApp) that empowers the community to back their favorite games and earn their share of rewards and ownership.

The Slingshot dApp has been built with the latest technology, to offer the most seamless experience for web2 and web3 users alike.

## Features

* One-click social login
* Seamless MPC wallet provisioning
* Gasless near-instant transactions
* Instant bridging (L2 <> L3)
* Slingshot showcase
* Locking $SLING
* Voting
* Earn
* Idea submission
* On-chain governance

## One-click Social Login

Slingshot has partnered with Web3Auth to provide seamless one click social login for all users. This allows everyone, with or without web3 experience, to signup and get started with the Slingshot dApp.

Upon logging in, the user is provisioned with a self-custody MPC wallet that allows them to seamlessly interact with the Slingshot dApp whilst retaining sovereignty of their wallet.

You can read more about the MPC wallets below.

{% content-ref url="/pages/FZH3BLHhkShcfd0WWfBT" %}
[MPC Wallets](/slingshot-dao/slingshot-app/mpc-wallets)
{% endcontent-ref %}

## Gasless Near-instant Transactions

Slingshot is deployed on it's own dedicated Arbitrum Orbit Layer 3 chain. On this chain $SLING is also the native gas token.

This allows for **incredibly fast** and **cost-effective** transactions, with good security guarantees, ultimately rolling up to the Ethereum mainnet (layer 1).

Transactions are so cheap, Slingshot sponsors the gas payments for all transactions on its layer 3 chain.&#x20;

This allows users to interact with Slingshot, without needing to worry about slow transactions or gas fees.

You can read more about the Slingshot layer 3 chain below.

{% content-ref url="/pages/bS48EDBvPafj6OxrD9S1" %}
[Slingshot L3](/slingshot-dao/tokenomics/slingshot-l3)
{% endcontent-ref %}

## Instant Bridging

Slingshot utilizes both MPC wallet technology and ERC-4337 Smart Account technology, to allow instant bridging across Arbitrum One (Layer 2) and the Slingshot Orbit chain (Layer 3).

Users can deposit $SLING to an address on Arbitrum One and near-instantly bridge these tokens to the Slingshot Chain (and vice versa).

This minimizes the onboarding friction of users into the Slingshot ecosystem and means new users can get up and running in a matter of seconds.

Learn more about depositing and withdrawing $SLING below.

{% content-ref url="/pages/AWUjgzHXY72TgHjCntFp" %}
[Depositing & Withdrawing](/slingshot-dao/slingshot-app/depositing-and-withdrawing)
{% endcontent-ref %}

## Locking $SLING

Locking $SLING and gaining power is central to the Slingshot ecosystem.

To gain power and interact with the ecosystem, users need to lock their $SLING. The **greater amount** of $SLING locked and the **longer it is locked for**, the **more power** you get.

This power is then used in the dApp to vote for upcoming video game ideas.

The more power an idea receives from votes, the more likely it is to win and be put into production.

The more power you have also influences how much reward you earn from your participation.

You can read more in depth about locking $SLING  and the locking calculations below.

{% content-ref url="/pages/ULvCQ7avk7fc1lYI0wfm" %}
[Locking $SLING](/slingshot-dao/slingshot-app/locking-usdsling)
{% endcontent-ref %}

## Voting

One of the core features of Slingshot is the ability to bet on the next big video games, by choosing to vote for them in the Slingshot showcase.

The Slingshot showcase is full of video game ideas and demos, put forward by the talented creators in the community.

If an idea in the showcase accumulates enough votes (power), then it will receive funding and is put into production.

When that game is then published, it is **owned by the DAO** and all of the **revenue it creates flows back** to the community.

You can read more in depth about voting and the Slingshot showcase below.

{% content-ref url="/pages/3tfiEmpu1kCj5OixfSHj" %}
[Voting](/slingshot-dao/slingshot-app/voting)
{% endcontent-ref %}

## Earn

The Slingshot ecosystem **rewards all participants**. Everyone who **submits an idea,** **votes** or helps **develop games** earns rewards.

These $SLING rewards can be **easily claimed from within the Slingshot dApp.**

Simply by looking through the showcase and voting for the games you think have the greatest chance of becoming a successful hit, you can earn substantial reward, derived from your share of the total voting power.

Check out the Earn section for a more in depth dive into the reward calculations.

{% content-ref url="/pages/VCxwaWKAFjPFuMZwqNeK" %}
[Earn](/slingshot-dao/slingshot-app/earn)
{% endcontent-ref %}

## Idea Submission

Slingshot's showcase of upcoming hit games is powered by game jams and idea submissions from talented creatives and gamers.

You can submit an idea, for free, easily within the Slingshot dApp.

You idea will then be reviewed, and if accepted, added to the Slingshot showcase for members to vote for.

## On-chain Governance

Finally, the Slingshot dApp supports on-chain governance for Slingshot DAO.&#x20;

This allows for permissionless, seamless voting, with the same native experience that users have with the rest of Slingshot interactions.

You can read more about Slingshot DAO governance below.

{% content-ref url="/pages/7baOulMNCOE96EazkRfh" %}
[DAO Governance](/slingshot-dao/tokenomics/dao-governance)
{% endcontent-ref %}


# MPC Wallets

Slingshot uses [Web3Auth](https://web3auth.io/) MPC wallets for all of its accounts, authenticated by social login.&#x20;

This allows the rapid  login and provisioning of wallets for all users, regardless of their web3 experience, **in seconds**.

As a result, users from all walks of life, gamers and degens alike, can **all easily access** and become a part of the Slingshot ecosystem, a key milestone in achieving Slingshots mission.

<div align="left"><figure><img src="/files/cw3GLusuw84bT8AdKHWd" alt="" width="563"><figcaption></figcaption></figure></div>

Upon choosing a login method the user is then provisioned with a self-custody MPC wallet (linked specifically to that social account) which they will use thereafter to interact with the Slingshot dApp.

(Logging in with different social accounts will create different wallets respectively.)

The user will also be prompted to setup 2-factor authentication to further secure their wallet.

{% hint style="info" %}
Slingshot does NOT have the recovery keys to these wallets. They are entirely self custodial. The user is the only person with keys to the wallet.\
\
&#x20;If a user loses access to their social login or 2-factor code, they will lose access to the wallet.
{% endhint %}


# Depositing & Withdrawing

Slingshot runs on its own dedicated Arbitrum Orbit chain (Layer 3). This allows **instant** and **gasless** **transactions** for all users.

To use your $SLING with the Slingshot dApp, it must first be deposited on Arbitrum One (Layer 2) and bridged to the Slingshot Chain (Layer 3).

Slingshot has built an instant bridge, to make this is as **fast** and **easy as possible.**

This can all be done easily within the [Slingshot dApp.](https://app.slingshotdao.com)

{% embed url="<https://app.slingshotdao.com>" %}


# Locking $SLING

Locking $SLING is at the heart of the Slingshot ecosystem. It can be done easily within the [Slingshot dApp](https://app.slingshotdao.com).

{% embed url="<https://app.slingshotdao.com>" %}

## Simple version

To interact with the ecosystem, users need power, which they get in return for locking their $SLING.

In it's most simple terms, a users power is determined by:

1. How much $SLING they have locked
2. How long they have locked it for

The more $SLING a user locks and the longer they lock it for, the more power they get.

As time goes on, a users lock duration becomes smaller (i.e. 30 days -> 15 days -> 5 days -> unlocked). Because of this, Power also becomes smaller over time before it eventually reaches 0.

## Detailed version

Slingshot uses a Voting Escrow smart contract to permisionlessly manage the locking of $SLING. All of the locked tokens and the resulting power balances are held within the smart contract.

1. A user can only have one lock at a time (per wallet).\
   &#x20;
2. The minimum lock duration is 30 days.\
   &#x20;
3. The maximum lock duration is 4 years.\
   &#x20;
4. A user receives more power linearly as the lock duration increases. \
   For example:
   1. 100 $SLING locked for 1 year = 25 Power
   2. 100 $SLING locked for 2 years = 50 Power
   3. 100 $SLING locked for 4 years = 100 Power\
      &#x20;
5. Power decays in realtime. Power is constantly recalculated based on the lock duration (which is decreasing every second). \
   \
   Because a users Power is a function of their lock duration (which is decreasing every second) a users Power also decreases every second.\
   &#x20;
6. Users can extend their lock duration (up to 4 years) at any time. \
   \
   This is an effective way to maintain Power which is otherwise slowly decaying (see point 5).\
   &#x20;
7. Users can add more $SLING to their lock at any time.\
   &#x20;
8. Users can only withdraw their locked $SLING once the lock duration expires.\
   \
   It is not possible to partially withdraw $SLING from a lock.

## The calculation

The Power calculation for the Voting Escrow contract is as follows:

(tokenAmount / 126144000) \* (⌊unlockTimestamp / 604800⌋ \* 604800 — currentTimestamp)

* tokenAmount: *The number of $SLING locked in the contract*.
* 126144000: *Represents 4 years in seconds (4 x 365 x 24 x 60 x 60).*
* unlockTimestamp: *The Unix timestamp when the locked $SLING will be unlocked.*
* 604800: *Represents 1 week in seconds (7 x 24 x 60 x 60)*.
* currentTimestamp: *The current Unix timestamp at the time of calculation.*

## Audits

Slingshots smart contracts have been audited, including the Voting Escrow contract discussed above. You can read more about security audits here.

{% content-ref url="/pages/rrgqqJHzh2CrzKg757QH" %}
[Security Audit](/slingshot-dao/tokenomics/security-audit)
{% endcontent-ref %}


# Voting

One of the core features of Slingshot is the ability to bet on the next big video games, by choosing to vote for them in the Slingshot showcase.

The Slingshot showcase is full of video game ideas and demos, put forward by the talented creators in the community.

If an idea in the showcase accumulates enough votes (power), then it will receive funding and is put into production.

When that game is then published, it is **owned by the DAO** and all of the **revenue it creates flows back** to the community.

## Why vote

Voting for the best upcoming games on the showcase [**earns**](/slingshot-dao/slingshot-app/earn) **you rewards** for your participation in the ecosystem.&#x20;

It also marks you down as a **co-owner** of the upcoming game once it is published.

All of the revenue that Slingshot games make flow back to the community, so voting has long term rewards aligned with the success of the games in the Slingshot ecosystem.

## How to vote

1. [Deposit ](/slingshot-dao/slingshot-app/depositing-and-withdrawing)your $SLING to the Slingshot dApp.
2. [Lock ](/slingshot-dao/slingshot-app/locking-usdsling)your $SLING to gain Power.
3. Visit the [showcase](https://app.slingshotdao.com/showcase) page and vote for your favorite listed game ideas.
4. That's it! You will [earn ](/slingshot-dao/slingshot-app/earn)for your participation.&#x20;
5. Be sure to keep coming back daily. The more days that you vote, the more rewards you will earn.
6. New games are added all the time, so keep an eye out for new entries each time you log in.

## The Technical Details

#### Voting rounds

Voting for game ideas is loosely broken up into the concept of rounds. This allows for voting rewards and voting power calculations to be managed in a well structured and clear manner.

#### Rewards per round

Each round contains a fixed amount of $SLING rewards, held in the Reward Manager smart contract.

This amount of reward for each round is controlled by the [DAO governance](/slingshot-dao/tokenomics/dao-governance).

At the end of the round $SLING rewards are then programmatically allocated by the smart contract, based on the round's participation rate and the relative share of the total deployed voting power for each voter respectively.

In other words, the more voting power you have, the more rewards you will earn in a round.

#### Scaling rewards by participation rate

Another important feature is scaling rewards.

The more people who participate, the bigger the rewards for **everyone**. This unique feature encourages the community to welcome new members instead of worrying about smaller individual rewards.

#### Roll-over rewards

Often, the participation rates will not be high enough to distribute 100% of the rewards in a round.&#x20;

Rather than be wasted, the smart contracts automatically roll forward any unused $SLING into future rounds, increasing the reward pool of future rounds.

This rewards long term engagement and community members who return to participate in future rounds, each time earning greater rewards as the reward pool accumulates.&#x20;

#### Stabilized voting power

We've previously discussed how voting power [decays in realtime](/slingshot-dao/slingshot-app/locking-usdsling), as lock durations decrease, and this presents a challenge to the concept of voting in rounds.

If we did not account for this decreasing power, users would be given a race condition, to vote as fast as possible in an attempt to maximize their relative share of the vote.

To correct for this, voting power for each round is stabilized by the Voting Manager contract and **does not** decay.

The power can be increased (by locking more tokens or extending the lock duration) but it cannot decrease (unless the locked tokens are entirely withdrawn).

This only applies during voting rounds. After each round, voting power is updated to reflect its true value, including any decay, before the next round begins.

{% hint style="info" %}
This stabilization only applies to voting within rounds. It does not apply to governance votes which instead always uses the realtime value at the time that a governance vote begins.
{% endhint %}

## Audits

Slingshots smart contracts have been audited, including the Voting Manager and Reward Manager contracts discussed above. You can read more about security audits here.

{% content-ref url="/pages/rrgqqJHzh2CrzKg757QH" %}
[Security Audit](/slingshot-dao/tokenomics/security-audit)
{% endcontent-ref %}


# Earn

The Slingshot ecosystem **rewards all participants**. Everyone who **submits an idea,** **votes** or helps **develop games** earns $SLING rewards.

The more $SLING a user has locked, and the longer they lock $SLING for, t**he more they earn**.

These rewards can be **easily claimed from within the Slingshot dApp.**

## Earning actions

Users can earn $SLING by:

1. Voting for games in the Slingshot showcase ([learn more](/slingshot-dao/slingshot-app/voting))
2. Submitting winning ideas in the Slingshot showcase (250,000 $SLING)
3. Contributing to Slingshot DAO

*(There are often campaigns and quests run in Discord that also offer $SLING rewards for those who participate! Be sure to* [*join the Discord* ](https://discord.com/invite/qck2TftEUn)*server.)*

## Claim your Earnings

The most common reward is earning $SLING by voting. These can be claimed easily from within the [Slingshot dApp](https://app.slingshotdao.com).

Voting rewards are drip fed **over 30 days** following the end of the voting round. Check back in regularly to claim your rewards as they become available.

Rewards for submitting a winning idea in the Slingshot showcase are sent manually. Winning users will be contacted by members of Slingshot DAO.

## The Technical Details

The most common rewards are voting rewards, these are users who have voted for a game idea within the Slingshot dApp each round.

Voting rewards are handled programmatically by the Reward Manager smart contract.

#### Voting Reward Calculation

Voting rewards are derived from the users share of the total deployed voting power within the respective round.

Total deployed voting power, in this case, means the total of voting power that was used to vote in the round.

For example, if the total voting power in the ecosystem was 10,000,000 but only 1,000,000 of voting power was used in the round, than the reward calculation would take 1,000,000 as the total deployed voting power.

A users share of the reward is then calculated by their percentage share of the total deployed voting power.

For example, if a user has 10,000 voting power, and the total deployed voting power was 1,000,000, then the user has 1% of the total deployed voting power, and would receive 1% of the available rewards for that round.

In formula this can be written as:&#x20;

*`(user's voting power ÷ total deployed voting power) x reward tokens available = user's voting reward`*

#### Reward Tokens Available

The calculation for the number of reward tokens available in each round can become complicated over time but there are a few constants.

Each round has a baseline minimum of $SLING rewards available, determined by the DAO governance.&#x20;

At the time of writing this is 6,730,769.23 $SLING.

Therefore, at the start of each round, the Reward Manager is loaded with an additional 6,730,769.23 $SLING.

The complications are introduced in two ways:

1. The total rewards available in a round is based on the rounds participation rate.
2. Any rewards that are not used in a round rolls forward into future rounds.

#### Participation Rate

Participation rate is defined as the total deployed voting power vs the total voting power in a round.

For example, if the total voting power in the ecosystem was 10,000,000 but only 1,000,000 voting power was used to vote in a round, then the participation rate would be 10%.

In formula this can be written as:&#x20;

*`total deployed voting power ÷ total voting power  = participation rate`*

*Total deployed voting power = The total amount of voting power that has voted in a given round.*

*Total voting power = The total amount of voting power available in the entire ecosystem, based on the total amount of $SLING locked in the Voting Escrow contract.*

#### Rewards vs Participation rate

A unique and interesting aspect of the reward calculations is the asymmetric distribution of rewards relative to participation rate.

In short, the number of rewards distributed in a round increases, non-linearly, the higher the participation rate.

The higher the participation rate, the more rewards everyone gets.

This ensures that members of the DAO are **incentivized** to encourage as many others to vote as possible and incentivized to promote the DAO to as many others as possible.

Because the increase is non-linear, users do not suffer dilution and do not receive less reward as the number of voting users in the system increases.

This is an important detail and ensures the game theory for all voting actors in Slingshot DAO remains well aligned.

These calculations are done by the Reward Manager contract at the conclusion of a voting round.

#### Reward Rollover

It is unlikely for participation rates to always be high enough to consume 100% of the available rewards in a round.&#x20;

This is accounted for by rolling any unused reward allocation from a round into future rounds.

This simultaneously gives good incentive for users to keep returning for future rounds (and earn increased rewards) and ensures that loyal users are not punished for the low participation rate of others (as their earning potential continues to grow in future rounds even if participation remains low).

#### Reward Vesting

Voting rewards are allocated to users by the Reward Manager contract at the end of a round.&#x20;

A users voting rewards become available to claim, linearly, over the course of 30 days following the end of the round.

Claiming can be done via the Slingshot dApp.

At a technical level, the 30 day reward vesting is handled by the Reward Vesting Manager contract.

## Audits

Slingshots smart contracts have been audited, including the Reward Manager and Reward Vesting Manager contracts discussed above. You can read more about security audits here.

{% content-ref url="/pages/rrgqqJHzh2CrzKg757QH" %}
[Security Audit](/slingshot-dao/tokenomics/security-audit)
{% endcontent-ref %}


# $SLING Token

$SLING is the beating heart of the Slingshot ecosystem.

Through the $SLING token, together we empower global communities to **fund**, **grow**, and **earn** from games.

Earn huge [rewards](#rewards) from backing the next big games. One hit can change everything.

***

## Token Details

**Chain**: Arbitrum One

**Chain ID**: 42161

**Standard**: ERC-20

**TGE Date**: 18th March 2025 13:00 UTC

**Contract Address:**  [0x5F8a7c646511A790C53F171891E5d469cA884EdE](https://arbiscan.io/address/0x5f8a7c646511a790c53f171891e5d469ca884ede)

**Total Supply**: 5,000,000,000

**Immutable**: Yes

***

## Token Distribution

Slingshot's token philosophy is simple:\
\
1\. Those who help build also win. \
2\. Community first.\
\
Here’s an overview of how $SLING tokenomics are structured.

#### Seed Round (Pilot Phase)

Early adopters who locked tokens in Polygon voting contracts during the experimental phase.&#x20;

* Supply: 92,142,857 (1.84%)
* Vesting: 2 month cliff, followed by 12-month linear vesting

#### Private Round (Strategic Partner)

Raised $3M in 2024 from Alphabit at a $75M FDV. Terms mirror community-focused rounds to ensure parity.

* Supply: 200,000,000 (4%)
* Vesting: 2 month cliff, followed by 12-month linear vesting

#### Token Warrants (Long-Term Allies)

Strategic allocations for investors like Dragonfly, Animoca Brands, DCG, and Sfermion, aligned with multi-year ecosystem growth. Also priced at 75m FDV.

* Supply: 711,500,000 (14.23%)
* Vesting: 2 month cliff, followed by 12-month linear vesting

#### KOL & Public Sale (Final Phase)

Priced at $0.009 (KOLs) and $0.01 (public launchpads), with matched vesting terms to honor early NFT holders and Polygon supporters.

* Supply: 93,333,333 (1.87%)
* Vesting:
  * 33% at TGE
  * 33% TGE + 30d
  * 33% TGE + 60d

#### **Contributing Visionaries (Early Contributing Members)**

82 contributor addresses of recognized individuals who shaped Slingshot’s vision through development, feedback, and grassroots advocacy.

* Supply: 1,166,500,000 (23.33%)
* Vesting: 2 month cliff, followed by 12-month linear vesting

#### Founders

* Supply: 170,000,000 (3.4%)
* Vesting: Fully locked for 48 months (tokens will be unlocked at the very end of 48 months).

#### Airdrop Campaign

Ongoing rewards for gameplay, NFT ownership, beta testing, and social engagement.

* Dates&#x20;
  * Snapshot: 11th April 2025
  * Airdrop Claim: 18th April 2025
* Supply: 65,000,000 (1.3%)

#### Advisors

Advisors that have previously assisted across the Slingshot Ecosystem.

* Supply: 100,000,000 (2%)
* Vesting: 2 month cliff, followed by 12-month linear vesting

#### Marketing & Ecosystem Growth

Tokens in the treasury allocated for marketing and ecosystem growth.

* Supply: 250,000,000 (5%)

#### Liquidity and Market Making

Tokens dedicated to $SLING liquidity and market making activities.

* Supply: 500,000,000 (10.00%)

#### Slingshot DAO Treasury

Tokens in the DAO community treasury. Controlled by the community.

* Supply: 1,651,523,810 (33.03%)

<div align="left"><figure><img src="/files/Ls51rJxAOpyUUGPQ3UzK" alt="" width="563"><figcaption></figcaption></figure></div>

<div align="left"><figure><img src="/files/NYabNnhEy7OPPPxZwt63" alt="" width="563"><figcaption></figcaption></figure></div>

***

## Key Utility

$SLING enables users to back the next biggest games, earn rewards, co-own an ever-growing library of intellectual property and decide the future of Slingshot DAO.

### Lock $SLING

Lock $SLING in return for power, influence the next games to be developed and co-own an ever growing library of published games on Roblox.

{% content-ref url="/pages/ULvCQ7avk7fc1lYI0wfm" %}
[Locking $SLING](/slingshot-dao/slingshot-app/locking-usdsling)
{% endcontent-ref %}

### Voting

Vote for the latest submissions in the Slingshot showcase with locked $SLING.&#x20;

The winning submissions are developed and then published, with all the revenue flowing back to community members and the treasury.&#x20;

{% content-ref url="/pages/3tfiEmpu1kCj5OixfSHj" %}
[Voting](/slingshot-dao/slingshot-app/voting)
{% endcontent-ref %}

### Earn $SLING

Limitless earnings from backing games. One big hit can change everything.&#x20;

Earn $SLING rewards from voting and earn co-ownership of all published games within the Slingshot ecosystem.

{% content-ref url="/pages/VCxwaWKAFjPFuMZwqNeK" %}
[Earn](/slingshot-dao/slingshot-app/earn)
{% endcontent-ref %}

### Govern

Decide the future of Slingshot DAO, it's mission and the community treasury.

{% content-ref url="/pages/7baOulMNCOE96EazkRfh" %}
[DAO Governance](/slingshot-dao/tokenomics/dao-governance)
{% endcontent-ref %}

## Audits

Slingshots smart contracts have been audited, including the $SLING token contract discussed above. You can read more about security audits here.

{% content-ref url="/pages/rrgqqJHzh2CrzKg757QH" %}
[Security Audit](/slingshot-dao/tokenomics/security-audit)
{% endcontent-ref %}


# Token Distribution


# Slingshot Treasury


# Slingshot L3

Slingshot is deployed on it's own dedicated [Arbitrum Orbit ](https://arbitrum.io/orbit)Layer 3 chain. On this chain $SLING is also the native gas token.

This allows for **incredibly fast** and **cost-effective** transactions, with good security guarantees, ultimately rolling up to the Ethereum mainnet (layer 1).

Transactions are so cheap, Slingshot sponsors the gas payments for all transactions on its layer 3 chain.&#x20;

This allows users to interact with Slingshot, without needing to worry about slow transactions or gas fees.

## Chain Details

**Chain ID:** 33401

**RPC**: rpc.slingshotdao.com

**Block explorer:** explore.slingshotdao.com

## Chainlist Listing

{% embed url="<https://chainlist.org/chain/33401>" %}


# Contracts

List of Slingshot Smart Contract Addresses

## Arbitrum One (Layer 2)

SLING: 0x5F8a7c646511A790C53F171891E5d469cA884EdE

## Slingshot Orbit Chain (Layer 3)

WrappedSLN: 0x31c0b09B70Ba63d6F5fF9130Dba8BA9Bfe3D03dA

Registry: 0xDB2d8F2819639E89E9674ef7Dd3461cC7F242Cf9

VotingEscrow: 0xFb94405e6933cc73e0248c63e3768440f1AE9c31

AirDropLocked: 0xbCd69244D168C9cD14d03508833fDa014Cf77a24

AirDropUnlocked: 0x5A585e5D587C935F71cCb69Aa964Be5Cd8EC5AC6

VotingManager: 0xA6AFBde320f2276Fc39B3AE32d6f4F804385853F

VotingManagerImpl: 0x835B46eB228C9293b2EfbeBE58D8d72A8a243c76

IdeaManager: 0x206F0C7849E971ae2513f277abd72D87D620DC06

IdeaManagerImpl: 0x5674c7cE91109dAC0aDA567E919EE8822a85cBfa

EpochManager: 0x209eba940908798Fa571F46dec28cD567d72eCaf

EpochManagerImpl: 0x2D77181B480b44497D4eAe370247e93086c1ED83

RewardManager: 0x7cCf4b7cd1A75D3732612AFF2Ccb794d2B34c585

RewardManagerImpl: 0x5D053E9c2Bf574B3a7E87F86A210cF50058b0bfD

RewardPool: 0x7DBBCbfFD7093b32478b1087Dc1566Ae66F4EE11

RewardPoolImpl: 0x8D9fBfA4F9Ad60257742D7372EC088b6a63bbdb9

MetaverseManager: 0x13c9f93006ac3383Bc045efc692C3c43452DF631

MetaverseManagerImpl: 0xd6F9439873770e81974FA9dBd6999FB2E6E621C6

&#x20;SmartWalletWhitelist: 0xAfBe58943a2d7Bca7Ffd784B01E1eBCc432F755B

AllocationManager: 0x7C582f36eDF57C31F04120DEAC8D735C0263c76E

AllocationManagerImpl: 0x10bce12177B014703d1285Dd9145cB1145E932a7

&#x20;RewardVestingManager: 0x2fE49fdeFB6a5e25eEa49b1D37aaD467e8BeEBc2

&#x20;RewardVestingManagerImpl: 0xb2FDF7Ba00582d3b497e675A1b9a12d6d0Fc0462

&#x20;GovernanceRegistry: 0xCE39DD1f81214A4f2C41fA5ee0c3ecBCd618484F


# Security Audit

Slingshot has been audited by Paladin Blockchain Security, originally in 2023 and updated in 2024 for the deployment on Arbitrum.

{% embed url="<https://paladinsec.co/projects/slingshot-app/>" %}


# DAO Governance

Slingshot runs as an Decentralized Autonomous Organization (DAO).&#x20;

This means that the community runs the organization and takes votes on how the DAO should operate.

Slingshot DAO has it's own community Governance Framework that helps structure how the community manages running the DAO.

This innovative framework is designed to maximise the efficiency of decision making within Slingshot DAO, empowering Working Groups and sub-committees with effective decision making abilities, whilst protecting democracy through the use of Safeguards.

You can read more below.

{% content-ref url="/spaces/laqWPjLySlbFHHUGb1ta" %}
[Governance Framework](https://docs.slingshotdao.com/governance-framework/)
{% endcontent-ref %}


# Live Games

### **Dragon Blox Ultimate**

<div align="left"><figure><img src="/files/s1l06gM9Fda0x4pkoJCJ" alt="" width="375"><figcaption></figcaption></figure></div>

{% embed url="<https://www.roblox.com/games/3311165597/QOL-BUG-FIXES-Dragon-Blox-Ultimate>" %}

***

### Heroes World

<div align="left"><figure><img src="/files/SdR1MR9nVnqh9pwKekBz" alt="" width="375"><figcaption></figcaption></figure></div>

{% embed url="<https://www.roblox.com/games/4934471106/Vigilanti-CODES-Heroes-World>" %}

***

### A0PG

<div align="left"><figure><img src="/files/86Qj5b9YtQD2J7hp2Arq" alt="" width="375"><figcaption></figcaption></figure></div>

{% embed url="<https://www.roblox.com/games/8396586868/Blacksmith-x8-A0PG>" %}

***

### Blades of Chance

<div align="left"><figure><img src="/files/5QEQIFuqPaYw5avzeLWB" alt="" width="375"><figcaption></figcaption></figure></div>

{% embed url="<https://www.roblox.com/games/16349323749/Blades-RNG-UPD>" %}

***

### Anime Ball

<div align="left"><figure><img src="/files/BpVRki3tPJBpAGHgQINd" alt="" width="375"><figcaption></figcaption></figure></div>

{% embed url="<https://www.roblox.com/games/14861721759/QOL-Anime-Ball>" %}

***

### Greedy Noobs X

<div align="left"><figure><img src="/files/kPFutteleJddMMeManE8" alt="" width="375"><figcaption></figcaption></figure></div>

{% embed url="<https://www.roblox.com/games/106403511566765/Greedy-Noobs-X-UPDATE>" %}

***

### Bomb Door Simulator

<div align="left"><figure><img src="/files/YidKAK8w1MKuVCr1LV5r" alt="" width="375"><figcaption></figcaption></figure></div>

{% embed url="<https://www.roblox.com/games/15054655015/Bomb-Door-Simulator>" %}

***

### Westport City RP

<div align="left"><figure><img src="/files/ZCQjF9LCQ2NH2Qco4dX1" alt="" width="375"><figcaption></figcaption></figure></div>

{% embed url="<https://www.roblox.com/games/16809865273/Westport-City-RP>" %}

***

### Tree Smash Simulator

<div align="left"><figure><img src="/files/lZInaVyHEbQkAEAeHIDB" alt="" width="375"><figcaption></figcaption></figure></div>

{% embed url="<https://www.roblox.com/games/16367675208/2x-Tree-Smash-Simulator>" %}


# Overview


# Why Roblox


# Submitting an idea


# Monetization


# Game Jams


