What is Solanium?
SLIM is the native token of Solanium, which is a multi-chain launchpad built on the Solana blockchain. It provides startup projects with everything they need to be launched. Besides, the platform also provides users with trading possibilities.
If you want to see the current SLIM price, take a look at the Solanium price chart above.
Talking about users who want to launch their projects on Solanium, they are provided with a launchpad, fundraising possibilities, an accelerator, and the possibility of integrating their projects into other ecosystems.
Those who want to trade, on the other hand, are provided with a Serum DEX and integrated wallet management.
Use Cases of SLIM
SLIM tokens are primarily used for staking. By staking SLIM tokens, users get xSLIM, which is the governance token of the platform. It allows users to vote on various proposals and platform management. The more xSLIM tokens a user has, the higher his/her voting power is.
Besides that, there is a five-tiered system that SLIM holders participate in based on the amount of tokens they hold. The higher the tier, the greater chance of receiving allocations from the platform. Besides, the tier level also is important when participating in the Solanium lottery, as users of higher levels have higher chances of winning.
Planning to purchase Solanium coins? Before doing that, don't forget to take a look at the Solanium price chart above. It features the current and the previous SLIM price.
Toknomics of Solanium
The max supply of SLIM tokens is 100 million. 25% of that supply was dedicated to seed, private, and public token sales. Furthermore, the Solanium team received 20% of the supply, while advisors got 5%. The remaining supply was allocated to company reserves, as well as set aside for staking rewards, liquidity, and marketing purposes.
