SAIL Utility & Tokenomics
SAIL Utility, Trading, & Tokenomics
Last updated
SAIL Utility, Trading, & Tokenomics
Last updated
SAIL is listed on Bybit and Gate. There has not yet been an effort to generate DEX liquidity. For volumes see https://www.coingecko.com/en/coins/clipper-sail. Given low liquidity, the DAO can facilitate certain spot OTC purchases by buying gradually on the open market at zero markup (passthrough price).
SAIL supply is 1 billion. (from https://docs.clipper.exchange/governance-token/sail-supply-and-circulation)
SAIL can be staked for veSAIL, which has voting power in Clipper’s DAO (AdmiralDAO). veSAIL also receives yield in the form of SAIL acquired from open market SAIL buybacks using Clipper’s revenue. SAIL was issued August 22, 2023 by airdrop. There was no ICO, presale or private sale.
For veSAIL structure:
veSAIL, or
For any further information (contract addresses, github, audits, etc) see https://docs.clipper.exchange/
