$SLDS
The native token of the Solidus Network. Pays protocol fees, secures validators, governs upgrades.
Why $SLDS exists.
Four orthogonal utility surfaces — every function tied to genuine protocol activity, not speculation.
Protocol fees
Every credential issuance, verification query, DID write, and on-chain mutation is paid in SLDS. The designed split is 70% validators, 20% treasury, 10% burn. On the testnet running today the node hands the distributor no validator set, so the validator share is not paid out and the effective split is 20% treasury, 80% burn.
Validator staking
Validators bond SLDS to produce blocks across three tiers: Light, Subnet, Core. Higher tiers carry higher reward weight by design. Slashing is specified and its double-sign detector is written, but nothing calls it yet and there is no penalty transaction, so it does not enforce anything on testnet.
Governance
Token-weighted voting on Solidus Improvement Proposals — protocol upgrades, treasury disbursements, fee parameters, validator-set changes. Staked SLDS = vote weight.
Premium services
Hold SLDS to unlock staking-tier fee discounts (10%–50%), priority verification queues, and access to subnet creation rights.
Fixed supply. Controlled inflation. Net-deflationary at scale.
1 billion SLDS issued at TGE. 3% annual staking inflation. 10% of every transaction fee burned. The network becomes net deflationary once daily verifications exceed 82M.
1 SLDS = 100,000,000 base units. Allows micro-payment precision across the protocol while keeping displayed fees in whole or tenth-of-a-SLDS units.
- Annual staking inflation
- +0%
- Per-tx fee burned
- 0%
Total circulating supply (millions SLDS)
Model assumes 3% annual staking reward on 1B base supply and fee-burn linear with daily verification growth. Crossover to net deflation occurs once daily verifications exceed 82M. See whitepaper §6.3 for emission-rate sensitivity analysis.
How the 1B SLDS is split.
13 allocation buckets across four categories. Vesting schedules align long-term incentives.
Community-aligned allocation totals 40%.
Hover slices to inspect. Subject to final founder ratification before TGE.
Community Rewards | 15% | 150M | Program-based |
Ecosystem Fund | 10% | 100M | 5-year linear unlock |
Liquidity Mining | 5% | 50M | Program-based |
Airdrops | 5% | 50M | Event-based |
Public Sale | 5% | 50M | 25% at TGE, 75% over 6 months |
Core Team | 15% | 150M | 1-year cliff, 3-year linear |
Advisors | 5% | 50M | 6-month cliff, 2-year linear |
Private Round | 12% | 120M | 6-month cliff, 2-year linear |
Seed Investors | 8% | 80M | 6-month cliff, 2-year linear |
Development Fund | 7% | 70M | 5-year linear |
Marketing | 5% | 50M | 3-year linear |
Strategic Partnerships | 5% | 50M | Deal-based |
Operations | 3% | 30M | 3-year linear |
* Vesting schedules begin at TGE (Q1 2027). Cliffs prevent early dumps; linear unlocks align operator and investor incentives with multi-year protocol growth. Subject to final founder ratification.
Every fee, transparently routed.
Per-operation fees in SLDS, designed to split 70/20/10 between validators, treasury, and burn. On the testnet running today the validator share is not distributed. Stake SLDS to unlock discount tiers up to 50%.
Per-transaction fee distribution
Fee schedule
Approximate USD costs assume $1/SLDS indicative price.
| Operation | Fee | ≈ USD |
|---|---|---|
| DID creation | 0.001 SLDS | $0.0010 |
| DID update | 0.0001 SLDS | $0.0001 |
| Verification query | 0.001 SLDS | $0.0010 |
| Credential issuance | 0.01 SLDS | $0.01 |
| KYC Level 1 | 1 SLDS | $1.00 |
| KYC Level 2 | 5 SLDS | $5.00 |
| KYC Level 3 | 20 SLDS | $20.00 |
Staking discount tiers
Lock SLDS to earn fee discounts across every protocol operation.
Fees paid in SLDS receive an additional 50% discount vs. fiat-equivalent payment.
From testnet to TGE.
Three milestones already shipped. Audit + mainnet + TGE + governance still ahead. Token transfers begin at TGE in Q1 2027.
- Q2 2026Testnet live
35,907 blocks in 15s, zero timeouts. Token symbol locked: SLDS.
- May 2026DIF Associate Member
Member of the Decentralized Identity Foundation at the Linux Foundation.
- Jul 2026W3C DID Method Registry
did:solidus registered — PR #713 merged into w3c/did-extensions.
- Pre-mainnetThird-party security audit
Consensus, cryptography and verifier review. Not yet commissioned.
- Q4 2026Mainnet launch
Genesis block with 1,000,000,000 SLDS fixed supply.
- Q4 2026Token Generation Event
SLDS becomes transferrable. Vesting schedules begin.
- Q1 2027Listings live
CoinMarketCap, CoinGecko, CryptoRank moderation completed.
- Q1 2027On-chain governance
SLDS holders vote on Solidus Improvement Proposals (SIPs).
Disclosures
Pre-launch boilerplate. Full legal counsel review scheduled pre-TGE.