# SAIL Supply & Circulation

### **Contract Address**

> **Ethereum:** 0xd8F1460044925d2D5c723C7054cd9247027415B7
>
> **Optimism:** 0x7a1263eC3Bf0a19e25C553B8A2C312e903262C5E 
>
> **Arbitrum:** 0xb52BD62eE0Cf462Fa9CCbDA4bf27Fe84D9ab6Cf7 
>
> **Polygon:** 0xd1a718f77ab5d22e3955050658d7f65ae857a85e

### Supply & Distribution

* Total circulating supply: 1,000,000,000
* [AdmiralDAO Tokenomics](https://docs.admiraldao.xyz/community-governance/sail-tokenomics) 

**Genesis Event:** No ICO, pre-sales, or private sales. A community airdrop was distributed at launch to reward early Clipper users for retroactive behaviors.  [SAIL Claim Dune Dashboard](https://dune.com/rusty378/sail-claim)

**Disclosure:** Shipyard Software's equity investors have an effective cost basis of $0.065 per token, were the tokens paid to Shipyard to be distributed as a dividend.

**Token Type:** ERC-20

<figure><img src="https://2356525178-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MZxPgaEAx6qALhvK9dz%2Fuploads%2FGT3NcUwMFY1qncoVsG1B%2Fspaces_3hTu52CIQ3xIGS2QrP7j_uploads_RL26ezBlhFovPc2R9lLC_SAIL%20Total%20Distribution.webp?alt=media&#x26;token=05b20e04-1c94-444d-b029-4eebc8d8eda9" alt="" width="563"><figcaption></figcaption></figure>

<figure><img src="https://2356525178-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MZxPgaEAx6qALhvK9dz%2Fuploads%2FfihwpuzGRs77KxLkllM4%2FSAIL%20Year%201%20Snapshot.png?alt=media&#x26;token=d14bf71b-9a08-46f3-93e6-12ddc9708474" alt="" width="563"><figcaption><p>Clipper Community receives plurality of SAIL in year 1 through airdrop.</p></figcaption></figure>

<figure><img src="https://2356525178-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MZxPgaEAx6qALhvK9dz%2Fuploads%2FUt6MyybTDBDYPN0DjBu6%2FScreenshot%202023-08-23%20at%201.03.14%20PM.png?alt=media&#x26;token=855c66ae-3e14-4c36-a65a-919cd29ae4f1" alt="" width="563"><figcaption></figcaption></figure>

<figure><img src="https://2356525178-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MZxPgaEAx6qALhvK9dz%2Fuploads%2F65dp8j8QTrcK8l3hiLAh%2Fspaces_3hTu52CIQ3xIGS2QrP7j_uploads_PctfLh7CAsQ0VgKKpx4L_SAIL%20Circulation%20Timing.webp?alt=media&#x26;token=0637d6d9-5b4c-4934-9349-29ef8d2309e8" alt="" width="563"><figcaption></figcaption></figure>

### Year 1 Circulating Supply\*

<table><thead><tr><th width="196">Month</th><th width="176" data-type="number">Shipyard Software</th><th width="260" data-type="number">Protocols + Service Providers</th><th width="140" data-type="number">DAO Treasury</th><th width="145" data-type="number">Community</th><th width="100" data-type="number">Total</th></tr></thead><tbody><tr><td>September 1, 2023</td><td>0</td><td>55491023.59</td><td>20000000</td><td>52500000</td><td>127991023.59</td></tr><tr><td>October 1, 2023</td><td>0</td><td>57904633.27</td><td>25000000</td><td>61887408.08</td><td>144792041.35</td></tr><tr><td>November 1, 2023</td><td>0</td><td>60318242.95</td><td>30000000</td><td>71274816.17</td><td>161593059.12</td></tr><tr><td>December 1, 2023</td><td>0</td><td>62731852.63</td><td>35000000</td><td>80662224.25</td><td>178394076.88</td></tr><tr><td>January 1, 2024</td><td>0</td><td>65145462.31</td><td>40000000</td><td>90049632.33</td><td>195195094.65</td></tr><tr><td>February 1, 2024</td><td>0</td><td>67559071.99</td><td>45000000</td><td>99437040.42</td><td>211996112.41</td></tr><tr><td>March 1, 2024</td><td>0</td><td>69972681.68</td><td>50000000</td><td>108824448.5</td><td>228797130.18</td></tr><tr><td>April 1, 2024</td><td>9756097.56</td><td>72386291.36</td><td>55000000</td><td>124228707.08</td><td>261371096</td></tr><tr><td>May 1, 2024</td><td>19512195.12</td><td>74799901.04</td><td>60000000</td><td>139632965.67</td><td>293945061.83</td></tr><tr><td>June 1, 2024</td><td>29268292.68</td><td>77213510.73</td><td>65000000</td><td>155037224.25</td><td>326519027.65</td></tr><tr><td>July 1, 2024</td><td>39024390.24</td><td>79627120.41</td><td>70000000</td><td>170441482.83</td><td>359092993.49</td></tr><tr><td>August 1, 2024</td><td>48780487.8</td><td>82040730.09</td><td>75000000</td><td>185845741.42</td><td>391666959.31</td></tr></tbody></table>

**\***&#x53;tart-of-period distributions. September 2023 is first full month of circulation. SAIL airdrop was executed on August 22, 2023.&#x20;


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