$SHIP
The utility and security token powering ShipLock. Stake to validate, pay fees, earn rewards — all with fixed supply and no inflation.
Token Utility
$SHIP is not decorative — it's the backbone of protocol security. Every action that matters requires skin in the game.
Watcher Staking
Stake $SHIP to validate check-ins. Your stake determines endorsement weight (sqrt) — with diminishing returns to prevent whale dominance.
Protocol Fees
Create projects (10,000 SHIP), enable community endorsements (5,000 SHIP), and boost visibility. 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.
Token Distribution
1 billion $SHIP, fixed supply. 70% public via bonding curve — team and ecosystem with cliff + linear vesting.
Fair launch via bonding curve
Fee & Burn Model
Every protocol fee is split into four buckets. Burn is moderate and sustainable — the narrative is utility, not deflation.
Staking
Stake $SHIP to validate, govern, and earn. Three tiers — from watcher to guardian — each with skin in the game.
Your Stake
Rewards Snapshot
Risk & Rules
- Unstaking takes 72h after you start it.
- Endorse weight uses sqrt(stake) — diminishing returns prevent whale dominance.
- Bad behavior may be penalized in disputes (future).