# $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. 

* 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 
  * 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="https://3648892517-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXRkeYSnGh4TMSmRQEr9M%2Fuploads%2F81GrEoPdkYdc3XYVHXoR%2FToken%20Distribution.png?alt=media&#x26;token=0c1ed2f5-2fa0-4baf-ab42-fefabb6f6c28" alt="" width="563"><figcaption></figcaption></figure></div>

<div align="left"><figure><img src="https://3648892517-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXRkeYSnGh4TMSmRQEr9M%2Fuploads%2FArtfb1b590G4L8JRYMN3%2Fimage.png?alt=media&#x26;token=28e02666-1f60-469c-a370-97f6dc9026d6" 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="../slingshot-app/locking-usdsling" %}
[locking-usdsling](https://docs.slingshotdao.com/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="../slingshot-app/voting" %}
[voting](https://docs.slingshotdao.com/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="../slingshot-app/earn" %}
[earn](https://docs.slingshotdao.com/slingshot-dao/slingshot-app/earn)
{% endcontent-ref %}

### Govern

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

{% content-ref url="dao-governance" %}
[dao-governance](https://docs.slingshotdao.com/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="security-audit" %}
[security-audit](https://docs.slingshotdao.com/slingshot-dao/tokenomics/security-audit)
{% endcontent-ref %}


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