$SOVRN Tokenomics

SOVRN’s tokenomics are built upon the foundation of BREED, with a focus on transparency, security, and community empowerment. Below are the key details:

• Migration The migration from BREED to SOVRN commenced in November 2024 and will remain available for three years (36 months). The process operates at a 1:1 ratio, meaning each BREED token is exchanged for one SOVRN token. Multiple audits have been conducted to ensure the security and integrity of this transition.

• Distribution As of November 2024, 82% of the maximum token supply has been unlocked. The remaining tokens are allocated as follows:

  • Key Partners: 30 million SOVRN

  • Team: 124 million SOVRN

  • Treasury: 25 million SOVRN The vesting schedule remains unchanged from the original BREED tokenomics, ensuring consistency for stakeholders.

• Supply The total supply of SOVRN is 896,771,567 tokens. This figure is derived from the initial maximum supply of 1,000,000,000 BREED tokens, adjusted for tokens burnt during the migration process. No additional SOVRN tokens will be minted, maintaining a fixed supply.

• Security Measures The migration process has been rigorously audited by Verichains and Ackee Blockchain to ensure robustness and security. An additional audit by Quantstamp is scheduled for December 2024, further reinforcing trust in the ecosystem.

SOVRN’s tokenomics are designed to support a sustainable, creator-focused Web3 gaming ecosystem that benefits all participants.