Service Coin Whitepaper
Our mission is to create a sustainable, transparent, and resilient DeFi ecosystem powered by real profits, not speculative hype.
1. Core Concepts
What is Service Coin?
Service Coin is a decentralized protocol built on Arbitrum that allows SRV token holders to earn yield generated from a diversified portfolio of real-world assets and services. The ecosystem is designed to be deflationary, with value driven by real business income rather than inflationary token rewards.
The Real Asset Income Fund
The heart of our ecosystem is the Real Asset Income Fund. This treasury is powered by revenue from our app development services for real-world businesses. A portion of this revenue is directed into the fund, fueling the ecosystem and creating sustainable yield for SRV holders.
2. For Participants
How to Get SRV
The primary marketplace for acquiring the SRV token is on Camelot DEX on the Arbitrum network. Trade on Camelot
If your funds are on another chain, you may need to bridge them to Arbitrum first. We recommend using our partner, rhino.fi. Bridge to Arbitrum
Staking SRV for Real Yield
The most direct way to earn is by staking your SRV tokens in our dApp.
- The Process: When you stake your SRV, you receive sREV (Staked Service Revenue) in return. `sREV` is your liquid receipt token; it represents your share of the staking pool and is what earns the rewards.
- The Rewards: Real-yield rewards are paid out periodically, funded by the profits from our app development services.
- Unstaking: To get your original SRV back, you simply convert your `sREV` back to `SRV` through the dApp.
3. Tokenomics
- Total Supply: 21,000,000 SRV (Fixed Cap)
- Circulating at Launch: 18,330,000 SRV
- Launch Burn: A 12.7% burn was conducted at launch to increase scarcity.
- Allocations: Token allocations are directed towards ecosystem growth, business onboarding, and partnerships. There is no inflationary mechanism.
4. Security & Governance
- Legal Structure: Service Coin operates under a dual-entity structure for maximum compliance: a Wyoming DAO LLC for on-chain governance and a Delaware LLC for off-chain operations.
- Smart Contracts: All protocol contracts are publicly verifiable on Arbiscan.
- Governance: Governance is conducted via Snapshot, where `sREV` holders can vote on proposals. Vote on Snapshot
5. Official Links & Contracts
- SRV Contract:
0x057ba66c2109fd4487f0781e0203b71fd77a6341
(View on Arbiscan) - sREV Contract:
0x2f745da2fa453ee76c756fadcc081f59284b2a40
(View on Arbiscan) - Treasury Wallet: View on DeBank
- Community & Quests: Participate on Galxe