# SCV Token SCV.finance is the second cryptocurrency project by CoinView team, with no pre-sale, no pre-mine, though we do have early investors. Like many other projects, we reward various participants that help bootstrap our ecosystem. This will be the only way to earn SCV tokens. ## SCV Info * Ticker: $SCV * Blockchains: Ethereum & BSC * Token Cap: 10,000,000,000 * Team: 40% * Community: 13.7% * Rest: Traded since 2017 on Ethereum * [Information on CoinMarketCap](https://coinmarketcap.com/currencies/super-coinview/) * [Information CoinGecko](https://www.coingecko.com/ja/%E3%82%B3%E3%82%A4%E3%83%B3/super-coinview-token) **Update:** To maximize the SCV token's utility and push the growth of community ecosystem to the next level, the team has decided to give 50% of its token to the community for reward, and 25% for the providing liquidity on PancakeSwap and marketing (and other DEXs in the future), and the rest 25% will be locked in the SCV staking pool. With the SCV's migration to BSC, the new figures and contracts are: * Team: 10% * Liquidity + Marketing: 10% * Community: 33.7% (13.7% + 20%) * Rest: Transferring from ETH to BSC (with 25,000,000/day limit) The locked amount of SCV (ERC20) in the bridge will always equal the overall minted amount of SCV (BEP20) on BSC. The overall cap: $$ SCV\_{ERC20} + SCV\_{BEP20} - SCV\_{locked} = 10e9 $$ And if in the future, when we expand our services to other chains, this formula will still apply. ### Ethereum * ERC20 Token: [Super CoinView - $SCV](https://etherscan.io/token/0x282417b21236ac01a3a3d7ba304ed8d284f48b4d) * Trade on hotbit: ### BSC * BEP20 Token: [BSC-peg SCV](https://bscscan.com/address/0x1ecec64957a7f83f90e77bd1b1816ab40df4f615) * PancakeSwap: ## SCV Bridged to BSC The [ETH2BSC Bridge](https://scv.finance/bridge) is an official facility for transferring SCV from Ethereum to Binance Smart Chain. The [ERC20 SCVs](https://etherscan.io/token/0x282417b21236ac01a3a3d7ba304ed8d284f48b4d) send to the bridge will be locked inside the [bridge's smart contract](https://etherscan.io/address/0xbc3b5ad3387dd7054dcc4a469051301ca2fce96c). And at the same time, the same amount of [BSC-Peg SCV (BEP20)](https://bscscan.com/address/0x1eCEc64957A7f83F90e77bD1B1816Ab40DF4f615) will be minted and sent to the user. The locked amount of SCV (ERC20) in the bridge will always equal to the overall minted amount of SCV (BEP20) on BSC. The bridge has a daily limit of 25,000,000 SCV. ## Contract Addresses * ERC20 SCV: [0x282417b21236ac01a3a3d7ba304ed8d284f48b4d](https://etherscan.io/token/0x282417b21236ac01a3a3d7ba304ed8d284f48b4d) * BSC-peg SCV: [0x1ecec64957a7f83f90e77bd1b1816ab40df4f615](https://bscscan.com/address/0x1ecec64957a7f83f90e77bd1b1816ab40df4f615) ## Team Addresses * Team: [0x1aeda5c3ff1cd6b99a6bf142d427ae73a032fa4f](https://bscscan.com/address/0x1aeda5c3ff1cd6b99a6bf142d427ae73a032fa4f) * Liquidity: [0xE9c3De81d8b16CD7E45C8BEa678998B050A621B5](https://bscscan.com/address/0xE9c3De81d8b16CD7E45C8BEa678998B050A621B5) * Marketing: [0x2477aF8464eDbf6bE97F1f054Daafa9Eb7ecd913](https://bscscan.com/address/0x2477aF8464eDbf6bE97F1f054Daafa9Eb7ecd913) * Community: [0x3f56681397D960f39B933b715ee64112882973f6](https://bscscan.com/address/0x3f56681397D960f39B933b715ee64112882973f6) ## Reward Distribution 50% of team and 100% of community SCV, sums up to 3,370,000,000, is distrbuted as mining reward. | Distributed to | Reward/block(% of emission) | | ------------------------ | ---------------------------------------------- | | SCV Staking | ~~100%~~ (reduce to 20% since June 23rd, 2021) | | SCV-WBNB CAKE-LP Staking | 80% since June 23rd, 2021 | | NFT Ecosystem | Up coming | * Rewards are calculated as: (Emissions x Price x Reward weight of the pool) / Total Value Locked. * SCV rewards are distributed every block (3 seconds). The emissions is 600 tokens minted per block, which is 17,280,000 SCV per day. To provide long-term incentives, the number will be adjustable by community governance. * The distribution is expected to last for total 195 days (mining reward / SCV per day) before depletion, which would be around Dec 16th, 2021. After that, all mining farms will no longer receive new distribution. ## Deflation ### SCV Buyback Platform profit will be used to buyback and burn SCV once per month, as we don't want to disturb the market too frequently. The profit including: * Farm withdraw fee * SCV-Bot NFT gatcha payment * NFT marketplace trading fee (applies to SCV Bot NFT trades only) ## What is the SCV token used for? ### **Governance** We will soon launch a governance vault that will allow community members to stake their governance tokens; stakers will receive governance token where 1 governance token = 1 vote, allowing them to decide on key governance decisions. ### **Capture Economic Benefits of the Platform** We will let the community decide how they want the economic incentives to be captured by the SCV token ; For example, it could be similar to Sushiswap where x% of fees generated go to perform token buyback and burn. ### Protocol Utility SCV tokens will be a fundamental part of future initiatives providing protocol utility. In particular, we're planning an NFT integration that will require SCV tokens to participate, and will offer benefits relating to various aspects of yield farming. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.scv.finance/tokenomics/scv-token.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.