1. Introduction
This document provides a comprehensive overview of Synth sETH (sETH), an ERC20 token on the Ethereum blockchain. The primary goal of sETH is to serve as a simple, transparent, and efficient utility token within the Decentralized Finance (DeFi) ecosystem. This white paper details the project's vision, technical specifications, tokenomics, and roadmap, serving as a foundational document for users, developers, and potential partners.
2. Project Vision & Problem Statement
Vision: To provide a foundational, no-frills utility token that enhances liquidity and composability in the Ethereum DeFi space.
Problem: The DeFi landscape is often populated with complex tokenomic models involving taxes, rebasing, or inflationary mechanisms. While innovative, these can create barriers to entry and unpredictability for users and developers. There is a persistent need for simple, standard assets that act as reliable building blocks for trading and protocol integration.
Solution: sETH addresses this by being a standard, fixed-supply ERC20 token. Its simplicity is its core feature. By avoiding complex on-chain logic, it ensures predictability, low gas overhead for transfers, and seamless integration with all standard DeFi protocols and wallets.
3. Technical Specifications
- Name: Synth sETH
- Ticker: sETH
- Standard: ERC20
- Blockchain: Ethereum
- Total Supply: 100,000,000 sETH (Fixed)
- Minting Capability: None. The supply is immutable.
- Contract Ownership: None. The contract is ownerless and cannot be modified.
4. Tokenomics & Distribution
The sETH tokenomic model is designed for long-term sustainability and community-focused growth. The allocation is transparent and serves distinct purposes within the ecosystem.
- 90% - Community & Ecosystem Growth (90,000,000 sETH): This majority share is allocated for strategic growth, including over-the-counter (OTC) sales to partners, marketing campaigns, and funding for future development as decided by the community.
- 5% - Initial Liquidity (5,000,000 sETH): A portion of the supply used to create the initial WETH/sETH trading pair on Uniswap, enabling public market access from day one.
- 5% - Team & Development (5,000,000 sETH): Allocated to the founding team, subject to a vesting schedule to ensure long-term commitment to the project's success.
5. Roadmap
The project roadmap is divided into three strategic phases, focusing on building a strong foundation, growing visibility, and expanding the ecosystem.
- Phase 1 (Q3 2025): Focus on core infrastructure, including contract deployment, initial liquidity, and establishing an official web and social presence.
- Phase 2 (Q4 2025): Emphasis on building trust and visibility through liquidity locking and applications to major data aggregators like CoinGecko and CoinMarketCap.
- Phase 3 (2026): Exploration of ecosystem expansion, including potential cross-chain functionality and integrations with other DeFi platforms.
6. Risk Warning & Disclaimer
This white paper is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any security. Synth sETH (sETH) is a utility token and does not represent any equity, debt, or profit-sharing instrument in any entity. Digital asset prices are subject to high market risk and volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. Please conduct your own thorough research (DYOR) before making any investment decisions.
