Tokenomics

The Spree ecosystem revolves around two core tokens:

  1. Spree (SPREE) – A fixed-supply, price-discoverable governance token used for staking and rewarding network validators.

  2. Spree Points (SP) – A USD-backed commerce-stable token with an unlimited supply, used across 2M+ Spree merchant partners.

Spree (SPREE)

  • Fixed Supply: 1 billion SPREE in total.

  • Price Discoverable: Traded on decentralized (DEX) and centralized exchanges (CEX).

  • Stakable:

    • Network participants can run a validator or delegate SPREE to earn protocol fees and block rewards.

    • Governance rights are tied to staking, enabling holders to propose and vote on Spree Improvement Proposals (SIPs).

  • Awarded to Stakers:

    • A portion of protocol fees is used to buy SPREE on the open market and distribute it as rewards to validators and delegators.

Utility

  • Governance: Propose, vote on, and enact changes in the Spree network.

  • Security: Staking SPREE secures the network and processes transactions.

  • Rewards: Protocol fees flow back to stakers, creating consistent demand for SPREE.

Spree Points (SP)

  • Unlimited Supply: Dynamically minted and redeemed based on user demand.

  • USD-Backed Stable Token: Pegged 1:100 (USD:SP), ensuring predictable value for merchants and consumers.

  • Commerce Medium of Exchange:

    • Accepted by 2M+ trusted merchants, unifying stablecoin liquidity under one token.

    • Ideal for real-world spending, loyalty programs, and consumer credit usage within the Spree ecosystem.

Utility

  • Spending: Buy goods and services, earn “crypto cash-back,” and participate in loyalty programs.

  • Financial Integration: Ties into Spree Credit, enabling both merchants and consumers to access credit with direct SP settlement.

  • Walled-Garden Economy: Encourages circulation within the ecosystem, simplifying compliance and guaranteeing trusted partners.

Token Allocations (SPREE)

A fixed supply of 1B SPREE is distributed as follows:

Airdrop (15%)

  • Rewarding early adopters and core community members.

Investors (18%)

  • Funding for ecosystem growth, strategic partnerships, and development.

Team & Advisors (15%)

  • Ensuring long-term alignment of the founding team, key contributors, and advisors.

CEX / MM / Marketing (7%)

  • Liquidity provisioning on exchanges, market-making, and awareness campaigns.

Ecosystem (35%)

  • Incentives for building decentralized applications, partner integrations, and usage growth.

Treasury (10%)

  • Held by the Spree network for unforeseen expenses, security audits, and future expansions.

Token Emissions

Emissions Schedule

  • Early-Adopter Focus: A substantial portion of SPREE at Token Generation Event (TGE) is allocated to the community via an airdrop, distributing tokens into the hands of real users.

  • Ongoing Rewards: Over time, validator and delegator incentives are released to sustain network security, encourage participation, and incentivize ecosystem growth.

Label
Allocation
Cliff (months)
Vesting (months)

Team and Advisors

15%

12

36

Investors

18%

12

24

CEX / MM / Marketing

7%

0

0

Ecosystem Development

35%

0

60

Airdrop

15%

0

0

Treasury

10%

0

60

Spree (SPREE) and Spree Points (SP) function in tandem to power the entire Spree commerce ecosystem:

  • SPREE: A fixed-supply governance token that secures the network through staking and rewards.

  • SP: A USD-backed commerce stable token used for everyday purchases, loyalty rewards, and consumer credit within the 2M+ merchant network.

Through well-defined allocations and an emissions plan prioritizing community distribution, Spree ensures both robust network security and broad-based adoption of its on-chain commerce solutions.

Last updated