Shardeum Documentation
Faqs

Shardus License

Exciting news for all you Shardus token holders! You'll soon have the opportunity to claim SHM. The Shardeum Foundation is obtaining a commercial Shardus License for its upcoming public network; with this, a percentage of the SHM supply is available to be claimed by Shardus token holders. Below, we've outlined the details of the claim process:

The most current version of the Shardus License is Version 2023-02-02 (Exhibit 1) retrieved from:

https://shardus.com/license/SHARDUS_SOFTWARE_LICENSE_2023-02-02.pdf

and having a hash of: 0x174e8e662fc564057e696a266d12efcab74cca543b64f7ea4581203df3a38dc1

How to Claim

Based to the claim event rules defined in 12.f.vi and 12.f.vii we intend to have 10 claim events after the launch of the mainnet as follows:

EventSnapshot TimelineClaim Amount
190 days after mainnet launch
- Claim starts 7 days after the snapshot
- Ends 1001 days after the claim starts
1% of the 1% allocated for the Shardus license
22*90 days after mainnet launch
- Claim starts 7 days after the snapshot
- Ends 1001 days after the claim starts
11% of the 1% allocated for the Shardus license
33*90 days after mainnet launch
- Claim starts 7 days after the snapshot
- Ends 1001 days after the claim starts
11% of the 1% allocated for the Shardus license
44*90 days after mainnet launch
- Claim starts 7 days after the snapshot
- Ends 1001 days after the claim starts
11% of the 1% allocated for the Shardus license
55*90 days after mainnet launch
- Claim starts 7 days after the snapshot
- Ends 1001 days after the claim starts
11% of the 1% allocated for the Shardus license
66*90 days after mainnet launch
- Claim starts 7 days after the snapshot
- Ends 1001 days after the claim starts
11% of the 1% allocated for the Shardus license
77*90 days after mainnet launch
- Claim starts 7 days after the snapshot
- Ends 1001 days after the claim starts
11% of the 1% allocated for the Shardus license
88*90 days after mainnet launch
- Claim starts 7 days after the snapshot
- Ends 1001 days after the claim starts
11% of the 1% allocated for the Shardus license
99*90 days after mainnet launch
- Claim starts 7 days after the snapshot
- Ends 1001 days after the claim starts
11% of the 1% allocated for the Shardus license
1010*90 days after mainnet launch
- Claim starts 7 days after the snapshot
- Ends 1001 days after the claim starts
11% of the 1% allocated for the Shardus license

Actions Completed

As per item 12.f in the license document, we have created this page on the Shardeum network website that contains:

  1. The link to the block explorer transaction notarizing the hash of the license file using a public key belonging to the Shardeum Foundation.

  2. A statement of the percentage of the maximum supply of Shardeum network coins allocated to be claimed by Shardus token (ULT) holders. We have chosen to allocate 1% (the minimum required) of the 508 million maximum supply of coins on the Shardeum network.

As per item 12.e in the license document, we have used an address belonging to the Shardeum Foundation to notarize the hash of the above document. This can be verified on the Ethereum network:

https://etherscan.io/tx/0x8d13c0761962b688ea85f80499d5ccb55ba838c22bb76d5d654812a76320f6e4

As per item 12.g in the license document, we have included a PDF version of the license file in our software distribution repository. This can be verified here:

https://github.com/shardeum/shardeum/blob/dev/SHARDUS_SOFTWARE_LICENSE_2023-02-02.pdf |

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