Shardeum
SHM
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Shardeum Info
Shardeum Intro
Shardeum is an EVM-compatible Layer 1 blockchain that uses dynamic state sharding to achieve linear scalability and low fees. Each new validator increases the network’s TPS, while atomic composability ensures seamless interaction across shards without extra work for developers.
By solving the blockchain trilemma, Shardeum delivers scalability, decentralization, and security through its unique Proof of Quorum consensus and automatic shard scaling. Malicious validators are deterred with token slashing, keeping the network secure and efficient.
Shardeum offers full Ethereum compatibility, allowing easy deployment of smart contracts and wallet integration. With low gas fees and strong community support, it provides a smooth, accessible, and developer-friendly Web3 experience.
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Shardeum Token allocation
Q&A about Shardeum Tokenomics
The native token on Shardeum is Shard and has SHM as its ticker symbol. SHM is the native token of Shardeum and serves a wide range of functions. Each SHM is divisible to 18 digits, similar to ETH on the Ethereum network. We will also refer to it as the SHM token, since a tokenized version is also used by smart contracts and to be consistent with common terminology.
Initial supply: 249 million SHM
Distribution:
• Sale 91,440,000 SHM (36.72%) – 3 month cliff then 2 year daily linear vesting*
• Team 76,200,000 SHM (30.6%) – 3 month cliff then 2 year daily linear vesting
• Foundation 55,880,000 SHM (22.44%) – unlocked at Token Generation Event (TGE)
• Ecosystem & Airdrops 25,480,000 SHM (10.23%) – unlocked at TGE
Subsequent public sale of tokens may be unvested.
Similar to Ethereum, validator rewards will be dynamically generated based on network demand.
Since 100% of all fees are burned, we anticipate SHM to be deflationary over time.
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Shardeum is an EVM-compatible Layer 1 blockchain that uses dynamic state sharding to achieve linear scalability and low fees. Each new validator increases the network’s TPS, while atomic composability ensures seamless interaction across shards without extra work for developers.
By solving the blockchain trilemma, Shardeum delivers scalability, decentralization, and security through its unique Proof of Quorum consensus and automatic shard scaling. Malicious validators are deterred with token slashing, keeping the network secure and efficient.
Shardeum offers full Ethereum compatibility, allowing easy deployment of smart contracts and wallet integration. With low gas fees and strong community support, it provides a smooth, accessible, and developer-friendly Web3 experience.