$SHIP Token

$SHIP is the utility and security token that powers the ShipLock protocol. It's not decorative — every action that matters requires skin in the game.

Key Properties

• Total Supply: 1,000,000,000 SHIP (fixed)
• Decimals: 6
• Blockchain: Solana (SPL Token)
• Inflation: None. Mint authority renounced.

Utility

Watcher Staking

Stake $SHIP to validate check-ins. Your stake determines endorsement weight using sqrt(stake) — with diminishing returns to prevent whale dominance.

Protocol Fees

• Create projects: 10,000 SHIP
• Enable community endorsements: 5,000 SHIP
• Boost visibility: Variable

Fees fuel the protocol treasury.

Slasher Bounties

Execute slash() on overdue projects and earn bounties. Permissionless enforcement — anyone can be a keeper and get rewarded.

Boosts & Discovery

Pay $SHIP for featured leaderboard spots, highlighted check-ins, or "At Risk" urgency boosts to attract watchers.