Stepping into Sanshu’s Future:
A New Chapter Begins
We stand on the brink of a transformation that promises to empower our project and community.
Addressing the Challenges of V1
V2 is developed as a direct response to the challenges and limitations we identified in V1.
We recognized the need for a more robust and equitable system – one that offers fairer token distribution, trustless system, increased transparency, and a stronger community focus.
V2 is not just an iteration; it’s a significant leap forward, designed to stabilize the token ecosystem and ensure sustainable growth for our holders.
Enter the Metaverse
Our Dog world set in the Myth of Sanshu story, where users can exchange digital assets, and explore virtual worlds built on Unreal Engine 5 and Msquared by Improabable.
Yield Farming & Staking
Stake your SANSHU tokens to accrue rewards from our ecosystems revenue share, and have a say on the path forward with the new Sanshu v2 DAO token.
SANSHU Arcade
Climb the leaderboards, wage tokens with friends and earn rewards by playing Sanshu's multiplatform social & casual games -- using Elympics in-game oracle.
Daikoku
Daikoku merges AI trading strategies and multi-chain yield optimisation with Bancor Carbon and Beefy finance for growth. Exclusive to Sanshu DAO holders, it offers access to a specialized liquidity pool in ETH and USDC, ensuring community-centric profit sharing and rewards.
A Sustainable Crypto Ecosystem
V2 is more than a token; it's a vision for a sustainable, fair, and community-driven cryptocurrency ecosystem.
We aim to learn from the lessons of V1 and other crypto projects to create a platform that is resilient, transparent, and beneficial for all stakeholders.
Our long-term goal is to establish V2 as a leading example of how tokenomics can be structured for collective success.
V2 Tokenomics: Transparent and Holder-centric
In V2, we’ve completely reworked our tokenomics for greater fairness and sustainability.
This includes a new distribution model that more evenly spreads the tokens among holders, a revised burning strategy to help maintain token value.
Our goal is to create a system that not only benefits early adopters but also rewards long-term holders and new entrants alike.
Sanshu v1 Trading Tax
With Sanshu version 1 we had a 2% trading tax on each transaction, consisting of 1% burn and 1% redistribution to holders. However this is also triggered with every transfer/withdrawal and deposit, which could not be changed due to the renounced nature of the contract for version 1.
Current Token Distribution
We're innovating with an emission strategy to fuel our DAO's journey. Leveraging a phased burn over two years, we aim to foster project growth.
Your holding remains equitable: one old Sanshu for one new, ensuring your voice and value are carried forward into our collective future, now even more dynamic and resilient.
Sanshu Version 2 Token Allocation
There will be a 0% trading tax, to ensure maximum compatibility with all exchanges, with token emissions from the burn allocation emitted every 2 weeks (after every sprint report) over a 2-year period, split according to the tokenomics.
Token Allocation Details
DAO Treasury (Ecosystem Fund) - 25%: This is a substantial allocation that can fund future development, community proposals, partnerships, and other ecosystem enhancements. Sanshu would like to reserve a significant portion for the DAO to ensure long-term sustainability and community-driven growth.
Code Development Fund - 20%: This fund is crucial for the ongoing development and maintenance of the project. It can be used to incentivize developers, fund new features, and ensure the project stays updated and secure.
Liquidity - 19%: Providing liquidity is important, to ensure that there is enough depth in the market for users to buy and sell without causing significant price impact.
Staking - 10%: Staking rewards can incentivise token holders to lock up their tokens, which can reduce circulating supply and potentially increase the token's price. This will also provide sustainable revenue distributions to holders of the DAO token.
Founders (Sanshu Studios) - 8%: It's important for the founding team to have a stake in the project, aligning their interests with the success of the token.
Yokai NFT Holders - 7%: NFT holders who stake their Yokai NFT will have access to this reward pool, thus incentivising ownership of the collection.
In-game Rewards - 6%: This will incentivize gameplay and user engagement in relation to the gaming aspect of the project.
Yield Farming - 5%: Yield farming rewards can attract liquidity providers and investors looking for passive income, which can increase the token's utility and demand. As well as increasing the token's visibility within the DeFi ecosystem
Our Journey: The V2 Roadmap
The V2 roadmap is a detailed plan of our journey from the current state to our envisioned future.
Key milestones include the migration process from V1 to V2 tokens, and the implementation of governance structures to involve the community in key decisions.
Each phase is designed with transparency and user benefit in mind, ensuring a smooth transition and a stronger ecosystem.
Track Our ProgressGovernance in V2: Empowering Every Voice
Welcome to the new era of governance with V2, where every token holder's voice is pivotal. We embrace a DAO model that champions democratic decision-making, entrusting you with the power to steer fund allocation, project trajectories, and essential protocol updates.
At the helm, the unified Sanshu Council, currently composed of Osa, Kieran, Gated and Ali, upholds the multifaceted roles and responsibilities of our governance—initially shared among the founding members. Soon, four additional council seats will open, decided by your votes.
We hold biannual elections for council positions, ensuring that our direction is continually aligned with the community's vision. Join us in shaping a future that reflects the collective will of Sanshu's vibrant community. Your participation is not just welcome—it's essential for our shared success.
Engage with V2: Your Role in Our Ecosystem
Your involvement in V2 is crucial. Beyond just holding tokens, we encourage you to participate in governance, provide feedback, and help spread the word about V2.
Whether it's through social media engagement, content creation, or participating in community discussions, your actions play a vital role in strengthening our ecosystem and driving the project forward.
Staking in V2: More Than Just Holding Tokens
Staking in V2 is designed to reward active participation. It's not just about locking up tokens; it's about contributing to the ecosystem's health and growth.
In our ecosystem, you have the option of staking either your Yokai NFT(s) or SANSHU! DAO token(s), or both, which would allow you to earn rewards through revenue distributions, have a say in governance decisions, and play a pivotal role in the project's development.
Staking in V2 thus becomes a way to directly contribute to and benefit from the project’s success.
Meet Sanshu Studios (Working Group 0)
Sanshu Studios has so far been the nucleus for the project and IP. Will represent the first working group of the DAO, which overtime would expand to be one of many working groups within the DAO. They are comprised of designers, illustrators, marketers, writers and developer's. Our team's diverse skill set ensures that V2 is built on a foundation of technical excellence, market understanding, and community engagement.
We're in this together
Sanshu is powered by its community, and we're not moving forward without you. We're sharing our plans because your voice matters. This change is about fueling growth and securing Sanshu's long-term success. More information on how you can participate will be announced soon.
SANSHU! 2024