How to Calculate Token Distribution in the SidraStart Project
SidraStart is part of the SidraChain ecosystem, a blockchain-based crowdfunding platform that distributes project tokens to contributors based on the amount of Sidra Digital Asset (SDA) they donate. A total of 16.5% of the project's total token supply is allocated to SDA contributors.
Here’s how to calculate your share using an example based on actual project data.
1. Basic Data of the Project "Decentralized Freelance Platform with Tokens Payment"
Assume the project has the following data:
- Total SDA collected = 2,560,265.53 SDA
- Total project token supply (Freelancium - FREEt) = 100,000,000 FREEt
- Allocation for SDA Contributors = 16.5% of the project’s total supply
- Your contribution = 1,500 SDA
2. Calculating Your Contribution Percentage
To determine how much your contribution is compared to the total SDA collected:
Contribution Percentage = (Your Contribution / Total SDA Collected) × 100
= (1,500 / 2,560,265.53) × 100
= 0.05857% (rounded)
So, your 1,500 SDA contribution accounts for 0.05857% of the total SDA for the project.
3. Calculating Your Share from the 16.5% SDA Contributors Allocation
From 100,000,000 FREEt, 16.5% is allocated to SDA Contributors:
Total Tokens for SDA Contributors = 16.5% × 100,000,000
= 16,500,000 FREEt
Since your contribution represents 0.05857% of the total SDA collected, your share in this allocation is:
Your Tokens = 0.05857% × 16,500,000
= 9,673.90 FREEt
Thus, from contributing 1,500 SDA, you receive 9,673.90 FREEt.
4. If Only 10% of the Tokens Are Initially Released
SidraStart initially releases 10% of the total project tokens. The tokens received at the start are calculated as follows:
Initial Tokens = 10% × Your Tokens
= 10% × 9,673.90
= 967.39 FREEt
So, if the project succeeds, you may receive 9,673.90 FREEt, but initially, you only get 967.39 FREEt.
Conclusion
- Calculate your percentage contribution relative to the total SDA collected.
- Multiply it by the SDA Contributors' allocation (16.5%) to determine your share of project tokens.
- Determine the number of tokens you receive by applying your contribution percentage to the allocated tokens.
- Account for the initial release phase (10%) and the staged distribution based on project success.
With a 1,500 SDA contribution, you now understand how the token distribution for the Freelancium (FREEt) project is calculated within SidraStart.
