SIENNA GOVERNANCE

TOKEN

Sienna Governance Token

SIENNA

Sienna is taking over DeFi with privacy-first applications that we will gradually introduce. The platform is controlled by SIENNA, the governance token, which is earned by using the Sienna platform over time, creating a fair distribution for a perfect decentralized future, where SIENNA token holders decide over the entire platform.

VOTING POWER

1 SIENNA = 1 vote. Whenever a proposal is given you can vote for it with your SIENNA tokens. Proposals will pass with a simple majority, which means 50.1%.

PROPOSALS

All token holders with more than 1% (100,000) of SIENNA tokens can submit a proposal to the network. Once a proposal is submitted voting will be public within seven days from the submission of the proposal.

WHERE TO BUY SIENNA

You can acquire SIENNA tokens in multiple ways. You can buy SIENNA on Sienna Swap, buy the wrapped token (wSIENNA) on Uniswap or earn SIENNA as rewards for providing liquidity to Sienna Swap.

TOKEN OVERVIEW

Name:
SIENNA

Symbol:
SIENNA

Decimals:
18

Contract Address:
secret1rgm2m5t530tdzyd99775n6vzumxa5luxcllml4

Type:
SNIP-20

Network:
Secret Network

Total Supply:
10 million

Circulating Supply:
350,000 SIENNA

Explanation:
300,000 SIENNA tokens locked for liquidity on our AMM once it launches.200,000 tokens are allocated for the public sale on DAO Maker and Polkastarter, of which 25% will be unlocked at TGE (Token Generation Event).

Token distribution:
Distribution starts at issuing event.

wSIENNA

Sienna also has a wrapped token on Ethereum, wSIENNA. It's 1:1 with Sienna's native token SIENNA.

Read about wSIENNA
SIENNA

TOKENOMICS

2%

Public sale

2%

Advisors

3%

Liquidity
provision

13%

Development
Fund

20%

Private sale

24%

Founders

36%

Minting pool

Sienna Tokenomics

token Distribution
36% Minting pool
2,500 SIENNA will mint per 24 hours. 2,000 of the 2,500 are awarded to the rewards pools.The remaining 500 SIENNA will be allocated to a Sienna Network-controlled wallet and the proceeds will be used for competition incentives, community assistance grants and similar purposes.
Read more about Rewards
arrow right neg
24% Founders
Vesting: Locked for 6 months, then remaining released daily over 20 months.

20% Private sale
Vesting: Locked for 3 months, then released daily over 16 months. Private sale price (completed): $5 per token.

13% Development fund
Vesting: Locked for five months, then 10% released, then remaining released daily over 24 months.

3% Liquidity provision
3% is used for liquidity provision for Sienna Swap, Uniswap, centralized exchanges and decentralized exchanges.

2% Advisors
Vesting: Locked for 6 months, then released daily over 16 months.

2% Public sale
200,000 tokens are allocated for the public sales on DAO Maker & Polkastarter.Price per token for the public sales are: $6
WRAPPED SIENNA

wSIENNA

wrapped SIENNA

wSIENNA

wSIENNA (wrapped SIENNA) is an ERC-20 version of the native SIENNA token running on Secret Network (SNIP-20).

Once Sienna goes live, it will be listed on a decentralised exchange on Ethereum and will be compatible with Secret Networks’ Ethereum bridge.

It’s a zero sum game. The total and circulating supply will always be the same regardless of how many wSIENNA or SIENNA that are traded. If, for example 100,000 wSIENNA is circulating, then 100,000 SIENNA will be locked; hence, it is a zero sum balance.

You lock up SIENNA on the bridge and it mints wSIENNA. If you want your SIENNA back - you send it to the bridge, which then burns the wSIENNA and releases your SIENNA back to you. It's that simple.

Note that while SIENNA is a privacy token, wSIENNA is not. To vote at the Sienna Network protocol, you will need to swap your wSIENNA into SIENNA.

TOKEN OVERVIEW

Name
Sienna (ERC20)

Symbol
wSIENNA

Decimals
18

Contract Address
0x9b00e6E8D787b13756eb919786c9745054DB64f9

Type
ERC20

Network
Ethereum