Stream Token (STRM) Structure
Multi-currency economics
The Stream Token (STRM) is the native utility and governance token of the Stream Protocol ecosystem. It operates on the Solana blockchain and follows the SPL (Solana Program Library) token standard. The key properties and details of the Stream Token (STRM):
Property
Description
Token Name
Stream Token
Token Symbol
STRM
Total Supply
1,000,000,000 STRM
Circulation Supply
800,000,000 STRM (subject to change over time)
Market Cap
$2,500,000 (subject to market fluctuations)
Token Type
Utility Token, Governance Token
Decimals
9
Platform(s)
Solana Blockchain, Arbitrum, Ethereum
Initial Distribution
Token Sale, Airdrops, Liquidity Pools
Token Price
$0.0025 (Seed sale)
Staking Mechanism
Available for staking to earn rewards and incentives
Governance
Community-driven governance through StreamDAO
Use Cases
Payments, payment fees, access to services, governance voting
Token Burn
Deflationary mechanism to reduce supply over time
Smart Contract
Please note that the information provided in the table is subject to change based on the ongoing development and growth of the Stream Protocol ecosystem. The Stream Token (STRM) serves a pivotal role in enabling various functionalities within the ecosystem, including facilitating transactions, participating in governance decisions, and incentivizing stakeholders through staking and token burning mechanisms.
Utility and Use Cases
The Stream Token (STRM) is the native utility token of the Stream Protocol ecosystem, designed to facilitate seamless and efficient transactions within the decentralized finance (DeFi) platform. As a vital component of the ecosystem, STRM serves multiple essential use cases:
Payment Method: Stream Token serves as a primary means of payment for transactions within the Stream Protocol ecosystem. Users can utilize Stream Tokens to pay for goods, services, and fees across various Stream Protocol subsidiaries, such as StreamPay™, StreamPOS™, StreamPayments™, and more.
Transaction Fees: When users conduct transactions within the ecosystem, a small transaction fee is charged in Solana Blockchain Transaction fee approx. $0.00035 + 1% Stream (Factory) Token Transaction fee. In StreamPOS™ Point Of Sale, Cashier Marchine Store owners (Merchant) can Add own fee. These transaction fees are collected and utilized to incentivize network validators, maintain security, and support further development and technological upgrades.
Governance and Voting: Stream Token holders have the power to participate in the decentralized governance of the Stream Protocol through the StreamDAO. Token holders can vote on key proposals, protocol upgrades, and changes, ensuring a democratic decision-making process.
Staking and Rewards: Stream Token holders can stake their tokens to secure the network and validate transactions. In return for their participation, stakers receive rewards in the form of additional Stream Tokens, incentivizing active participation and engagement.
Loyalty Programs: Businesses and retailers within the Stream Protocol ecosystem can implement loyalty programs, rewarding customers with STRM tokens for their continued patronage and engagement.
Incentives and Staking Mechanisms
STRM holders are incentivized to actively participate in securing the network and maintaining its integrity. By staking their tokens, users can become validators and help validate transactions within the ecosystem. Validators are rewarded with additional STRM tokens for their efforts, encouraging network security and participation.
Furthermore, users may be eligible for additional rewards, such as participation in airdrops, loyalty programs, and governance voting incentives. These mechanisms aim to foster community engagement, encourage long-term holding, and ensure a vibrant and participatory ecosystem.
In conclusion, the Stream Token (STRM) serves as the backbone of the Stream Protocol ecosystem, empowering users with a myriad of use cases, from seamless payments and governance participation to staking rewards and loyalty programs. The fair distribution and incentivization strategies contribute to a decentralized and dynamic community, supporting the continued growth and success of the Stream Protocol in the decentralized finance landscape.
Token Distribution and Allocation
Token Allocation
Description
5% Seed Sale
Allocated for the seed sale phase, offering early investors and strategic partners a chance to acquire Stream Tokens at a discounted price before the public sale.
5% Private Sale
Reserved for private sale rounds, allowing selected investors, venture capitalists, and institutions to acquire Stream Tokens with more favorable terms.
25% Public Sale
Allocated for the public sale during the ICO or STO, providing individuals and the general public an opportunity to purchase Stream Tokens at the market price.
20% Ecosystem Development
Reserved to fund ongoing development, research, and innovation within the Stream Protocol ecosystem, promoting continuous improvement and expansion of the platform.
15% Team and Advisors
Reserved for the core development team, project advisors, and key contributors to incentivize their dedication to the project's success and align their interests.
7% Reserve Fund
Set aside as a reserve fund to ensure liquidity and stability within the ecosystem, supporting the growth and sustainability of the Stream Protocol.
10% Liquidity
Allocated to support liquidity in the market, ensuring ease of buying, selling, and trading Stream Tokens on various exchanges.
5% Advisors & Partnership
Reserved for building strategic partnerships and collaborations with external projects and industry experts, expanding the reach of the Stream Protocol.
2% Donation
May be allocated for charitable donations and social impact initiatives, reflecting the Stream Protocol's commitment to giving back to society.
1% Legals
Reserved for legal expenses, including acquiring licenses, regulatory compliance, and protecting the interests of the Stream Protocol and its users.
5% Community Incentives
Set aside to reward active community participants, early adopters, and contributors who promote and support the Stream Protocol, fostering an engaged user community.
The above table provides a breakdown of the token distribution and allocation for the Stream Token (STRM). It highlights the different categories and Stream Protocol’s respective descriptions, showcasing how the raised funds will be utilized to support various aspects of the Stream Protocol ecosystem.
The native token of the Stream Protocol platform
A Stream governance token is a type of cryptocurrency token that is designed to provide token holders with voting rights and decision-making power within a decentralized autonomous organization (StramDAO) or StreamPay´s decentralized payment platform. Stream Governance tokens are used to enable community-driven decision-making, allowing Stream token holders to participate in the management and ecosystem of the Stream payment platform have invested in.
In a typical governance model, holders of Stream governance tokens are able to propose changes to the Stream Protocol, and/or StreamPay payment platform and vote on proposed changes submitted by Stream token holders. This creates a decentralized decision-making process that is transparent and community-driven.
Participation in the governance process
Stream Protocol is using governance tokens to incentivize participation in its platform and to reward active participation in the governance process. This helps to create a more engaged and involved community, which can contribute to the platform's growth and development.
Governance rights and benefits
It's also interesting to note that Stream Protocol has multiple tokens, including the Stream governance token (STR) and StreamPay's stablecoin called sEUR. This suggests that the organization is exploring different ways to provide value to its users and to create a robust and diverse ecosystem of services and products.
The Stream token (STR) may provide governance rights and benefits, while sEUR may be used as a stablecoin for payment transactions on the Point-of-Sale system, and payment platform. By using different tokens for different purposes, Stream Protocol, and StreamPay may be able to provide more targeted and effective incentives for its users, assets, and stakeholders.
Overall, the use of Stream governance tokens and stablecoins is a promising trend in the blockchain space, as it enables more community-driven and efficient approaches to organization and payment. It will be interesting to see how Stream Protocol and other organizations continue to develop and innovate in this area.
Last updated