Token Details

• Blockchain: BNB Chain
• Token Type: BEP20
• Token Name: Skew
• Token Symbol: SKW
• Total Supply: 200 million SKW

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Skew Utility Token Use Case Summary

• Membership Access
• Borrower Loan Fees

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SKW Utility For Lenders:

Lenders who commit their SKW tokens for a six-month lock-in period gain access to membership that offers benefits such as increased cashback rates on debit card transactions and a higher supply lending limit. This encourages long-term engagement in the platform.

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SKW Utility for Borrowers:

Borrowers are obligated to pay a 2% loan initiation fee in SKW tokens for each new loan. This fee aligns their interests with the success of the platform and sustains a robust demand for the token.

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SKW Token Release and Allocation:
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• Private Sale: 6% (12 million SKW) at $0.05 each, aiming to raise $600,000. This round includes a 12-month cliff, after which distribution occurs linearly over the following 12 months. An additional benefit includes an 18% APR interest, paid in USDT, from the end of the Private Sale until the start of linear distribution, so minimum 12 months + all months that will be between the end of the Private Sale and the Token Generation Event (TGE)
• Early Adopter: 24% (48 Million SKW) at $0.06 each, aiming to raise $2,880,000.
• Public Sale: 25% (50 million SKW) 3-6 months after the Strategic Round‍
• Team: 10% (20 million SKW) with a 24-month lock, followed by a linear distribution over the next 12 months post-lock.‍
• Ecosystem Rewards: 25% (50 million SKW), allocated for cashback, marketing, and exchange listings, will be fully released at Token Generation Event (TGE).‍
• Liquidity Pool: 10% (20 million SKW), fully released at Token Generation Event (TGE).
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