🪙STORM Token
Introducing STORM
STORM is the utility token of Storm Trade with a capped supply of 1,000,000,000 tokens, designed to unite stakeholders, traders, and liquidity providers. STORM stakers and liquidity pool participants collectively share 30% of protocol fees, creating an organic deflationary model. The token also boosts the efficiency of protocol liquidity for trading, enabling flexible risk management and enhanced rewards for ecosystem participants.
Token Details
Token Ticker: STORM
Total Supply: 1,000,000,000 STORM
Type: Non-reissuable
Distribution: Percentages and Vesting Periods
IDO: 4.2% / 6 months
Community & Ecosystem: 30% / 5 years
Investors: 17.9% / 8 months
Advisors: 5% / 2.5 years
Liquidity: 10% / no vesting
Team: 15% / 2.5 years
Airdrop: 3.5% / 6 months
Reserve: 14.4% / 5 years
Current STORM Features
30% of protocol fees go toward buying back STORM from the market, with 15% allocated to the staking pool and 15% to the STON.fi liquidity pool.
Future STORM Features
Protocol Fee Payments: STORM tokens can be used to pay protocol fees on Storm Trade.
Discounted Fees: Users can stake STORM tokens on the platform to receive discounts on protocol fees.
Ambassador Rewards: Users will earn STORM tokens through the Ambassador Rewards Program.
Deflationary Mechanisms for STORM
30% of protocol fees are allocated to buy back STORM from the market.
Staking with a 30-day unlock period.
A liquidity buffer mechanism in liquidity pools (in development).
Liquidity Pool
Provide liquidity on STON.fi in the STORM/TON pair: STORM/TON Pool
Users can add STORM and TON tokens to the STON.fi liquidity pool.
This pool enables liquid trading for STORM, allowing users to buy and sell tokens.
Liquidity providers earn fees on each token swap.
15% of Storm Trade protocol fees are distributed to all LP tokens in the farm.
Staking
Stake your STORM tokens: Stake STORM.
Users can stake STORM tokens, and 15% of protocol fees are distributed among all stakers, proportional to their staked amounts.
Tokens can be unstaked with a 30-day waiting period.
The staking mechanism is powered by JVault v2 protocol.
Through these mechanisms, we aim to create an organic deflationary model for STORM, balancing token supply and incentivizing holders.
IDO and Token Launch
STORM launched on October 16, 2024, and we’re excited to share the details:
Learn more on the token landing page.
STORM is tradable on centralized exchanges (Gate.io, BingX, MEXC) and the decentralized exchange STON.fi.
During the IDO (Tonstarter, Magic Square, ChaiGPT, eesee), investors purchased 4.2% of the total supply with a 6-month vesting period.
Token allocations were distributed via vouchers to Market Makers NFT holders and participants in Season One of Reward Points.
Users can swap vouchers for STORM tokens with a 6-month vesting period.
Early investors, IDO participants, and Reward Points Season One participants who haven’t yet converted their points into vouchers can claim tokens as per the vesting schedule.
💎 STORM is more than a token — it’s the heart of our ecosystem.
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