> For the complete documentation index, see [llms.txt](https://docs.storm.tg/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.storm.tg/storm-token-overview/token.md).

# 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

<div align="center"><img src="/files/Xk7opWHX6vTV0MDyqfvc" alt=""></div>

## 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](https://app.ston.fi/pools/EQB95X5u5B7pfri4rtiB4yDkiMh2fssW_2iEOEFKfLmAeqVo)
* 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](https://app.storm.tg/token).
* 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](https://storm.tg/token).
* 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](https://app.storm.tg/token) 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](https://app.storm.tg/token) as per the vesting schedule.

**💎 STORM is more than a token — it’s the heart of our ecosystem.**