πŸ’°SMT 80/20 Revenue Sharing Protocol Specification

Version: 1.0

1. Introduction The SMT 80/20 Revenue Sharing Protocol establishes a standardized method for automatic revenue distribution within the SmartMall Token ecosystem, utilizing a fixed 80/20 split mechanism. This protocol ensures that token holders are rewarded for their participation and investment, while also supporting liquidity and ongoing platform operations.

2. Definitions

  • Token Holder: An entity or individual that possesses SMTs within their blockchain address.

  • Revenue: All financial returns generated from the operations involving SMTs.

3. Revenue Distribution Model

  • Primary Allocation (80%): Eighty percent (80%) of all revenue generated from transactions involving SMTs shall be directly credited to the token holders’ blockchain addresses proportionate to their token holdings.

  • Liquidity Provision (20%): Twenty percent (20%) of the revenue will be allocated towards enhancing liquidity provisions, directly supporting the platform's operational stability and facilitating further market transactions.

4. Protocol Mechanics

  • Smart Contract Execution: Revenue distribution will be governed and executed by immutable smart contracts deployed on the Polygon network. These contracts automatically execute the distribution based on the pre-defined rules without the need for manual intervention.

  • Transparency and Auditability: All transactions and distributions executed by this protocol will be recorded on the blockchain, providing full transparency and allowing for independent audits.

  • Adjustment and Amendments: Any adjustments to the protocol’s parameters or fundamental mechanics require a consensus decision via a governance vote among SMT holders.

5. Implementation Requirements

  • Smart Contract Deployment: The protocol requires deployment of specific smart contract code that adheres to this specification on the primary blockchain network utilized by SMT.

  • Compatibility: This protocol must maintain backward compatibility with ERC-20 standards to ensure seamless integration and functionality across different platforms and exchanges.

6. Future Provisions

  • Scalability and Upgrades: The protocol design includes considerations for scalability and potential future upgrades that may be necessary as the platform evolves and expands. These upgrades will be implemented following the governance framework established for SMT.

This protocol aims to incentivize the community's engagement with the SmartMall ecosystem by ensuring a fair and automated distribution of generated revenue, fostering trust and participation among stakeholders.

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