Economic Model
Token economics and fee structure
SEL token powers Selendra. Designed for Cambodia affordability.
Token Utility
- Fees: Contract deployment, execution, transfers
- Staking: Validators/nominators earn rewards
- Governance: Voting power based on locked tokens
Fee Structure
- Average transaction: $0.00025
- 70% burned, 30% to validators
- Cambodia wages ($200-300/mo) → fees are trivial fraction
Staking Rewards
| Role | APR |
|---|---|
| Validators | ~15% |
| Nominators | ~12-13% |
Rewards paid in SEL every era. Compound by restaking.
Token Supply
- Current supply: 295.35M SEL
- 230M on Selendra mainnet
- 65.35M on BSC bridge
- Team reserve: 12%
- Holders: ~33K from 2021 distribution
Plan: Burn 100M, allocate 10% for liquidity, remainder for ecosystem.
Fee Adjustment
Governance can modify fee parameters. Goal: maintain Cambodia affordability.
Cost Analysis
| Usage | Monthly Cost |
|---|---|
| Daily user (10 tx) | $0.075 |
| Small business (1K tx) | $0.25 |
| Enterprise (100K tx) | $25 |
Economic Security
- Higher token value = more expensive to attack
- Minimum stake (10K SEL) prevents spam validators
- Transaction volume growth funds validator rewards
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