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

# SWN

SWN token is the native ERC-20 & BEP-20 token powering the Swene protocol. It's a utility and a governance token.

You are able to stake your SWN tokens to earn a high APY on your tokens. The amount of rewards given is decreasing over period of 2 years by a curved model ( not linear ) meaning the early stakers will benefit the most. 

## Benefits of staking

Staking SWN tokens unlock multiple benefits for the users of the protocol

### Rewards

Staking different  amounts of SWN also makes you eligible for receiving rewards and participating in events, as well as Airdrops of our partnered projects.

### Governance

New projects added (from selected projects) New developments (from selected developments) New design (from selected designers)

Staking SWN Tokens make you a part of our governance system, where decisions about the project can be made by the community reaching a consensus. The kind of decisions include but are not limited to: 

* Selection of new projects to be added to our partnered projects system
* Paths of certain types of developments
* Designs of the APP and not only ( starting from selection of designers to commission to the individual illustrations itself )

## Tokenomics

The total supply is 50 Millions distributed as follows: 

20% (10M): **Ecosystem**  – distributed as yield farming rewards. 

18% (9M): **Liquidity Generation Events** – provided on different chains for each start of a liquidity generation event.

16% (8M): **Institutional Investors** – initially locked, this amount is reserved for the institutions.

16% (8M): **Protocol Incentives** – initially locked, this amount is reserved for the promotion of the protocol.

20% (10M): **Team** – initially locked, will be distributed within the team and gradually unlocked over four years. 

10% (5M): **Founders** – initially locked, will be distributed within the founders and gradually unlocked over four years.