Annual Emission: 2.015 billion SIR per year (per chain)
Starting Supply: Zero at launch
Distribution Frequency: Continuous (every second)
Duration: Perpetual (no end date)
Phased Allocation Strategy
Years 1-3: Bootstrap Phase During the initial three years, emissions support both protocol development and liquidity growth through diversified allocation.
Year 4+: Full Liquidity Focus After year three, 100% of emissions flow to liquidity providers, ensuring sustainable long-term incentives.
Ethereum Allocation (Years 1-3)
Following the protocol redesign after the March 2025 exploit, the emission breakdown for Ethereum is:
The initial protocol design allocated first three years' emissions as:
Recipient
Allocation
Liquidity Providers
68.13%
Team & Contributors
13.65%
Protocol Treasury
10.00%
Investors
8.22%
Strategic Rationale
Liquidity First: On every chain, the majority of emissions flows to LPers, ensuring deep liquidity from day one.
Aligned Incentives: Team and contributor allocations ensure long-term commitment while treasury reserves enable strategic flexibility.
Fair Compensation: On Ethereum, hack victims receive meaningful restitution without compromising protocol viability.
Sustainable Transition: After year three, all chains transition to 100% LP rewards, creating predictable long-term incentives. Protocol fees fund operations via SIR staking dividends.
