Question 41: What is the name and symbol of the SCDO token?
Answer: The native token name of the SCDO project is SCDO, and its symbol is also SCDO. On trading platforms or wallets, this token is identified as **'SCDO'**. Since the token name is the same as the project name, it is not easily confused. For ease of understanding, the community sometimes refers to it as 'SCDO Coin' or 'SCDO Token' in Chinese contexts, both referring to the same native currency. Technically, the SCDO token is a fundamental asset on the main chain, used to pay transaction fees, reward miners, etc., carrying the value flow of the entire ecosystem.
Question 42: What is the total supply of SCDO tokens? Is there a limit?
Answer: The total supply of SCDO tokens is permanently set at 300 million. This means that SCDO adopts a model with a fixed supply cap, and all tokens will be gradually released through the mining process, ultimately not exceeding the cap of 300 million. This design is similar to Bitcoin's cap of 21 million, emphasizing the token's scarcity and anti-inflation properties. According to the project white paper, the team chose the number 300 million by referencing the issuance scale of high-quality projects in the industry and considering factors such as user experience. Limited supply means that once all tokens are mined, the network will no longer issue new SCDO, at which point the inflation rate will be zero. It is important to note that there is still quite a long time before reaching the cap of 300 million, and most SCDO will still be gradually released. Overall, the SCDO token model belongs to the scarce token model, strictly limiting the maximum supply, which to some extent helps stabilize and enhance the long-term value of the token (provided that ecological demand grows).
Question 43: How are SCDO tokens issued and distributed?
Answer: SCDO tokens are issued through proof-of-work mining, with all tokens generated by miners. Since the project's launch, there has been no ICO (initial coin offering) or private sale, nor has the team reserved any shares—meaning there was no pre-mining, and no additional tokens were issued outside of the necessary technical initialization for the genesis block. The specific distribution mechanism is that whenever a miner successfully mines a new block, a certain amount of new SCDO will be automatically generated as a block reward for that miner (see the mining section for details about rewards). With the block reward gradually decreasing approximately every 4 years, the unit block reward decreases over time. In this way, tokens are gradually released from zero over a period of several decades, ultimately all obtained by miners. Apart from mining, the team has not retained any initial distribution ratio nor airdropped a large number of tokens to certain institutions. This makes the distribution of SCDO tokens quite fair and transparent: only those who actually contribute computing power can obtain tokens, with no gratuitous allocation or preferential distribution to specific individuals. This completely mining-dependent issuance method also reflects SCDO's adherence to the decentralization philosophy of PoW.
Question 44: Did the SCDO team or early investors retain token shares (pre-mining/private placement)?
Answer: No. SCDO was not pre-mined at the time of launch, and the team and founders did not allocate any tokens in advance. In the entire issuance model, there are no locked shares for private placement investors. Official information clearly states: the total amount of SCDO tokens is 300 million, all generated through mining, with no pre-mining, no private placement, and no ICO. This means that if the project team wants to hold tokens, they must also obtain them through mining participation or purchasing from the secondary market. This distribution strategy, while not providing the team with initial funding reserves, greatly enhances the project's credibility within the community, avoiding issues such as **'whale control' or 'market manipulation.'** It should be noted that some projects may claim not to have pre-mining, but the founders may have amassed a large number of coins through their own computing power when the early difficulty was very low. From publicly available information, the initial difficulty of SCDO is not considered extremely low, and multiple miners participated from the early stages, so there is no phenomenon of the team secretly obtaining excess tokens. In summary, the initial distribution of SCDO tokens is very decentralized, adhering to the principle of 'fair distribution,' which also lays a good foundation for its decentralized ecosystem.
Question 45: Is there inflation or secondary issuance for SCDO tokens?
Answer: No, the total amount of SCDO tokens is constant, with no form of secondary issuance. Once all 300 million tokens are released, the protocol will not create new SCDO. Currently, it is in the mining issuance stage, which can be understood as having 'inflation' (new coin output), but the rate is gradually decreasing. Once all tokens are mined, the inflation rate will drop to zero, and even effective deflation may occur due to factors such as lost private keys (decreased circulation). It is worth noting that during the decades of mining, SCDO is issued in a controlled manner, but this process was written into the code at the genesis and cannot be changed unless the community unanimously agrees to perform a hard fork to modify the supply rules. Currently, there are no signs that the community has plans for issuance; on the contrary, the fixed cap is seen as a significant feature of the project. Therefore, investors can consider SCDO's monetary policy to be similar to Bitcoin's, being deflationary: the supply curve rises and then flattens, ultimately stopping once the cap is reached. There is no governance token voting that can modify this, nor is there a mechanism for reissuing through protocol fees, with the rules being quite strict and transparent.
Question 46: What supports the value of the SCDO token?
Answer: The value of SCDO tokens primarily comes from their functions and scarcity within the blockchain network. Firstly, SCDO is the native fuel of the network: users need to hold SCDO to pay transaction fees and Gas consumption for smart contracts; without it, the network cannot be used. This gives SCDO practical value, directly related to on-chain transactions and application demand. Secondly, SCDO serves as a reward to incentivize miners to participate in maintaining network security, thereby backed by real inputs such as workload and electricity, with its generation cost providing a basis for value. Thirdly, the fixed total supply and gradually decreasing release of SCDO give it a scarcity similar to **'digital gold,'** making people willing to hold it in anticipation of appreciation. Fourthly, the ecosystem where SCDO resides is continuously enriched (with DeFi, NFT, gaming, and other DApps), and the increase in demand for tokens will enhance their intrinsic value. In addition, the market's confidence in the future prospects of the SCDO project, along with the strength of community consensus, will also affect token value. If the community is prosperous and development is active, tokens often achieve a premium. It is important to emphasize that SCDO has no legal assets or government credit backing; its value is entirely determined by market consensus: the degree of recognition of its technology, scarcity, and future applications by everyone. Therefore, the value foundation of SCDO is a combination of 'technology + scarcity + consensus + practicality,' rather than any form of backing guarantee.
Question 47: What application scenarios and uses do SCDO tokens have?
Answer: SCDO tokens play multiple roles within the ecosystem:
1) Medium of exchange: As a universal unit of value within the network, users can use SCDO for transfers and remittances, achieving peer-to-peer value transmission.
2) Fee payment: All on-chain operations (transfers, deployments, or calls to smart contracts) require payment of Gas fees in SCDO, with no other tokens substitutable. This ensures a continual demand for SCDO on-chain.
3) Mining rewards: As mentioned earlier, SCDO is used to reward miners for block production, incentivizing nodes to participate and maintain network operation.
4) Sub-chain staking: Under the Stem sub-chain protocol, creating a sub-chain requires staking a certain amount of SCDO in the main chain contract, where SCDO acts as a collateral and guarantee.
5) Ecological trading: Decentralized applications developed on SCDO (such as DeFi lending, NFT trading markets, etc.) may also use SCDO as a pricing or settlement unit. For example, users can purchase game items or NFT assets with SCDO in a certain DApp.
6) Cross-chain value exchange: SCDO can be exchanged with other blockchain assets through cross-chain bridges or trading pairs, becoming a medium connecting the value of different chains.
7) Store of value investment: Some users view SCDO as a long-term holding asset, expecting appreciation as the ecosystem develops. In these scenarios, the SCDO token becomes the lifeblood of circulation and incentives within the entire SCDO ecosystem. Whether for technical use (Gas) or economic use (medium of exchange, collateral), it is inseparable from SCDO, which gives it actual demand and value support.
Question 48: Can SCDO tokens be used for governance or voting?
Answer: Currently, SCDO tokens are not directly used for on-chain governance voting. The operational parameters and upgrades of the SCDO mainnet are primarily proposed by the development team, and after community consensus is reached, implemented through node upgrades, without a voting mechanism like some PoS chains where tokens are used to vote. This is related to SCDO's use of PoW consensus: equity voting is usually prevalent in PoS projects, while PoW projects rely more on community discussion and miner computing power signals for decision-making. Nevertheless, SCDO tokens may indirectly play a role in sub-chain governance and community decision-making. For example, creating a Stem sub-chain requires staking a certain amount of SCDO in the main chain contract, and stakeholders holding a large amount of SCDO will have more influence in community discussions. Additionally, if the SCDO community establishes a foundation or DAO in the future, token voting may be introduced to decide on the use of funds or funding for ecological projects. This part is still evolving. In simple terms, currently, SCDO tokens primarily serve as functional tokens (for payment and incentives) rather than governance tokens. Of course, as holders, one can influence the project's direction through informal means, such as participating in community proposals and node expressions. Given time, it is not ruled out that SCDO may introduce certain governance features, but at this stage, there is no built-in token voting governance module.
Question 49: Can the SCDO ecosystem issue other tokens or stablecoins?
Answer: Yes. Since SCDO is compatible with EVM smart contracts, it supports the issuance of token contracts similar to the ERC-20 standard. Developers or project parties can deploy contracts on the SCDO mainnet to create new tokens for their respective application scenarios. For example, gaming projects can issue gaming point tokens, and DeFi protocols can issue governance tokens, etc. These tokens are similar to ERC-20 tokens on Ethereum, constrained by contract code. In addition, stablecoins or pegged assets can also be introduced within the SCDO ecosystem. There are reports that the community has launched a stablecoin called scUSDO (allegedly backed by fiat reserves and issued on the SCDO blockchain), aimed at connecting traditional finance with the crypto world. This stablecoin allows users to conduct transactions on the SCDO chain using a relatively stable unit of account, reducing the risks associated with price volatility. Of course, the credit and compliance of the stablecoin need to be guaranteed by the issuer. Besides stablecoins, various tokens such as NFT assets and synthetic assets can also be issued and circulated on SCDO. In summary, SCDO not only has the native SCDO coin but also provides a platform to support a diversified token economy. The emergence of these secondary tokens will enrich the entire ecosystem, but their value and credibility depend on the specific projects themselves, complementing the security of SCDO's underlying technology.
Question 50: How do users obtain and store SCDO tokens?
Answer: There are mainly two ways to obtain SCDO tokens: First, through mining, which is the most original method; anyone contributing computing power to mine blocks will receive SCDO rewards (see the mining section for details). Second, through trading, that is, exchanging SCDO on digital currency trading platforms that support SCDO using fiat currency or other digital currencies. Some exchanges have already listed SCDO trading pairs (for example, SCDO/USDT, etc.), but investors should ensure that the platform has a legal license and complies with local regulations when using it. Additionally, individuals can also privately trade SCDO off-market, but they must be cautious about security and credibility. In terms of storage, users typically keep SCDO in digital wallets. The SCDO official provides decentralized wallets (including web-based SCDO Wallet and mobile wallet applications), making it convenient for users to manage assets and conduct transfers. These wallets will provide users with private keys/mnemonic phrases, which must be kept secure. Some third-party wallets (such as HyperPay and other multi-chain wallets) have also announced support for SCDO, and users can choose wallet tools they are comfortable with. Due to SCDO's compatibility with EVM, some Ethereum wallet tools may also be compatible with SCDO assets after adapting to network parameters. Regardless of which wallet is used, it is vital to ensure that the official or trusted version is downloaded and to back up the keys to avoid asset loss.