# SEN

## Overview

**SEN** is the native token of Seneca Protocol. It is an ERC-20 token with a maximum supply of 100,000,000 tokens.

Stake **SEN** for [**sSEN**](https://seneca-protocol-docs.gitbook.io/seneca-protocol/tokenomics/ssen) to access fee-sharing and governance.

**SEN** has a 3% trading tax on DEX swaps.

**SEN** adheres to **LayerZero**'s Omnichain Fungible Token (**OFT**) standard.

### Trade it on [Camelot](https://app.camelot.exchange/?token2=0x154388a4650D63acC823e06Ef9e47C1eDdD3cBb2)

> **SEN**: 0x154388a4650D63acC823e06Ef9e47C1eDdD3cBb2

### Tax Breakdown

| Percentage | Name          |
| ---------- | ------------- |
| 2%         | Revenue Share |
| 1%         | Treasury      |

### Token Distribution

<figure><img src="https://content.gitbook.com/content/0pv5qDG1QqUXKoCYcBMl/blobs/wFNxllEZ1NZyWz19dCtz/seneca_tokenomics_1_v8.png" alt=""><figcaption></figcaption></figure>

### **Token Burn**

> #### As of now, [38.8%](https://arbiscan.io/token/0x154388a4650D63acC823e06Ef9e47C1eDdD3cBb2?a=0x000000000000000000000000000000000000dead) of SEN total supply has been burned.

|                  Allocation | Percentage |       Quantity |    TGE |        Vesting |
| --------------------------: | ---------: | -------------: | -----: | -------------: |
|           Seneca Foundation |        17% | 17,000,000 SEN |     5% |  2-year linear |
|        Community Incentives |       7.5% |  7,500,000 SEN |     5% |  1-year linear |
|                         DAO |       7.5% |  7,500,000 SEN |      - |  1-year linear |
|                     Airdrop |         6% |  6,000,000 SEN |    10% | 3-month linear |
|          Early Contributors |         4% |  4,000,000 SEN |    10% | 3-month linear |
| Private Sale[**\***](#note) |         8% |  8,000,000 SEN |    10% | 3-month linear |
|         Omnichain Liquidity |        15% | 15,000,000 SEN | 4M SEN |     \*Multisig |
|           System Incentives |        35% | 35,000,000 SEN |     5% |  4-year linear |

#### Note

> \*Fair Launch tokens are included in the *Private Sale* allocation.<br>
>
> \* Info above refers to the initial Token Distribution. Circulating supply and FDV will be updated accordingly.

### Emissions <a href="#emission-schedule" id="emission-schedule"></a>

Seneca incentivizes **SEN** and **senUSD** liquidity providers through bribes and incentives on major DEXs.

The following is System Incentives estimated emission over months.

| Macro epoch | Days | Emissions / Day |
| ----------- | ---- | --------------- |
| 1           | 30   | 90268           |
| 2           | 30   | 88581           |
| 3           | 30   | 85209           |
| 4           | 30   | 78453           |
| 5           | 30   | 68610           |
| 6           | 30   | 57643           |
| 7           | 30   | 49212           |
| 8           | 30   | 43866           |
| 9           | 30   | 40493           |
| 10          | 30   | 37959           |
| 11          | 30   | 36272           |
| 12          | 30   | 34586           |
| 13          | 30   | 32900           |
| 14          | 30   | 31213           |
| 15          | 30   | 29527           |
| 16          | 30   | 27840           |
| 17          | 30   | 26430           |
| 18          | 30   | 24743           |
| 19          | 30   | 23333           |
| 20          | 30   | 21933           |
| 21          | 30   | 20809           |
| 22          | 30   | 19398           |
| 23          | 30   | 18274           |
| 24          | 30   | 17150           |
| 25          | 30   | 16312           |
| 26          | 30   | 15463           |
| 27          | 30   | 14625           |
| 28          | 30   | 13777           |
| 29          | 30   | 13215           |
| 30          | 30   | 12653           |
| 31          | 30   | 12090           |
| 32          | 30   | 11528           |
| 33          | 30   | 11242           |
| 34          | 30   | 10690           |
| 35          | 30   | 10404           |
| 36          | 30   | 10404           |
| 37          | 31   | 9530            |