SAIL Supply & Circulation

SAIL is the governance token of AdmiralDAO, the DAO behind Clipper DEX.

Contract Address

Ethereum: 0xd8F1460044925d2D5c723C7054cd9247027415B7

Optimism: 0x7a1263eC3Bf0a19e25C553B8A2C312e903262C5E

Arbitrum: 0xb52BD62eE0Cf462Fa9CCbDA4bf27Fe84D9ab6Cf7

Polygon: 0xd1a718f77ab5d22e3955050658d7f65ae857a85e

Supply & Distribution

• Total circulating supply: 1,000,000,000

• AdmiralDAO 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

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

Clipper Community receives plurality of SAIL in year 1 through airdrop.

Year 1 Circulating Supply*

Month	Shipyard Software	Protocols + Service Providers	DAO Treasury	Community	Total
September 1, 2023	0	55491023.59	20000000	52500000	127991023.59
October 1, 2023	0	57904633.27	25000000	61887408.08	144792041.35
November 1, 2023	0	60318242.95	30000000	71274816.17	161593059.12
December 1, 2023	0	62731852.63	35000000	80662224.25	178394076.88
January 1, 2024	0	65145462.31	40000000	90049632.33	195195094.65
February 1, 2024	0	67559071.99	45000000	99437040.42	211996112.41
March 1, 2024	0	69972681.68	50000000	108824448.5	228797130.18
April 1, 2024	9756097.56	72386291.36	55000000	124228707.08	261371096
May 1, 2024	19512195.12	74799901.04	60000000	139632965.67	293945061.83
June 1, 2024	29268292.68	77213510.73	65000000	155037224.25	326519027.65
July 1, 2024	39024390.24	79627120.41	70000000	170441482.83	359092993.49
August 1, 2024	48780487.8	82040730.09	75000000	185845741.42	391666959.31

*Start-of-period distributions. September 2023 is first full month of circulation. SAIL airdrop was executed on August 22, 2023.