No incremental Circulating Supply From Seed&Private Sale Investors

3 min readNov 15, 2021

We have officially completed the token distributions following the majority vote in $SKYRIM Vesting Proposal, which means the current circulating amount of $SKYRIM is increased but, in turn, it will eliminate the new selling pressure in the long term.

Seed Sale: The rest of the locked tokens of Seed Sale has been unlocked to stop the future selling pressure from the monthly unlocks
Private Sale: The rest of the locked tokens of Private Sale has been unlocked to stop the future selling pressure from the monthly unlocks.

The purpose

This move is to release all investor pressure before the testing and official launch of Skyrim Finance Mainnet. We believe when there is no continuous and incremental selling pressure for Skyrim Finance, there will be sufficient market liquidity. With this decision, we will create a healthy environment for Skyrim Finance community and its technology.

The above moves were executed following the opinions and voting of the Skyrim Finance community.

The New Token Metrics

Team

Address: 0x608766224bbd3e7a837c2c2b74524215930e46a9

Tokens: 10,000,000

Advisors

Address: 0x35813a93557681A25c1651a75941553296e96FD7

Tokens: 5,000,000

Marketing Fund

Address: 0xD36287F5a3C68C06430Fc6aD5Cc59bDDf70c2557

Tokens: 13,500,000

Liquidity Fund

Address: 0x9a9476025C9495d6F2165bfAd9d12413C5f2CC89

Tokens: 21,600,000

Operational Reserve

Address: 0x297f00B58F04AeE6021eA1Aa6DAFe00B52388Efc

Tokens: 6,181,219

Token Sale

Address: 0xC3caFbF1833fDE9CABc214A1ed1D93327A7daF21

Tokens: 0

Future Skyrim Finance

October — Core Members Recruitment

In October, we recruited several core development contributors, including smart contract and backend engineers. These new talents will instill new blood into our development force and power our future development.

November — Github Public Repos Release

This month we will start publishing the technical components. By then you will be able to visit our Github and have a foretaste of the future Skyrim Finance technology.

December — Testnet and Bug Bounty Program

Our mission is to build The Multichain Decentralized Structured Finance Protocol for Fixed-rate and Leveraged-yield DeFi Products. The upcoming launch of Skyrim Finance Testnet will show you what we can do with structured finance.

We believe the launch of our Testnet will become a giant step towards our mission and it only marks the beginning of what we get to offer to the community in the coming months.

With the Bug Bounty Program, our communities will be incentivized to test it out and help us perform iteration.

January — Mainnet Code Audit and Mainnet Launch

We will kick off the new year with our biggest milestone so far — Skyrim Finance Mainnet Launch. Of course, the code audit must precede all operational events and celebrations.

🚨 NOTE: Remember only to access this round via verified links. DO NOT INTERACT with any other Twitter, Telegram, Email address looking like Skyrim Finance or any of $SKYRIM TGE partners.

🚨 NOTE: We will not DM you first or ask you for any personal/sensitive/crypto information. Please be vigilant & Protect yourselves against scams or fraud.

About Skyrim Finance

Skyrim Finance is the First Multichain Decentralized Structured Finance Marketplace. Skyrim Finance aims to build the Robo-Advisor of the DeFi ecosystem. The objective of Skyrim Finance is to help investors of different profiles have risk-adjusted returns through fixed-rate and leveraged-yield DeFi products.