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Sahm

Sahm is a limited supply ERC20 token that uses BrightID to be fairly distributed among all people in the world.

Monetary Policy

  • 19.5 million Sahms will be minted when 8 billions worldwide population claim their Sahm tokens.
  • There will be 13 steps and 1.5 million tokens will be minted in each step.
  • In the 1st step, for first 1 million users, 1.5 token will be minted per user.
    • 0.5 token will be minted for the new user
    • 0.5 token will be minted for the user that invited the new user
    • and 0.5 tokens will be minted for a DAO to be spent to improve and promote the system
  • In the 2nd step, 1.5 million tokens will be minted for next 2 millions users.
  • In the 3rd step, 1.5 million tokens will be minted for next 4 millions users.
  • This continues until in the 13rd step, 1.5 million tokens will be minted for 4096 millions users.
  • There is a limit on maximum balance of tokens users can HODL and every user can have at most 20 Sahm tokens.

Blockchain

  • Sahm is deployed on IDChain at 0x3D454bB744cbf80A38e4939aaa0e185628420D2F
  • IDChain users get lifetime supply of IDChain native tokens and can send transactions freely.
  • IDChain is a POA chain and its validators are elected democratically based on one vote per unique verified BrightID user.

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