Tokenomics
SAIL (Native Token)
SAIL is the native, liquid token of the Full Sail protocol. The starting supply of SAIL is 1 billion tokens. Only 8% of the initial supply is liquid; the remaining 92% is locked in veSAIL for 4 years.
New tokens are added to the circulating supply every epoch through Full Sail’s dynamic emissions system, ensuring that distribution scales with predicted pool activity rather than fixed inflation. SAIL is never emitted directly. Instead, SAIL is obtained by unlocking oSAIL emissions with a 50% exercise fee or by buying using our exchange. To participate in governance and earn protocol revenue, users must lock SAIL into veSAIL.
This allocation is allocated to early investors who funded the initial capital to bootstrap Full Sail. It is locked as veSAIL for four years. Early Contributors – 14%
This allocation is allocated to the developers, quants, and team members who designed, built, and launched Full Sail. It is locked as veSAIL for four years. Treasury Voting Power – 31%
This allocation is held and maintained by the treasury and is not intended for sale. It is locked as veSAIL for four years, ensuring the protocol retains meaningful governance weight. Each epoch, the treasury votes on pools using the averaged predictions from all user submissions, effectively acting as a stabilizing participant in predictive voting. Fees earned from these votes flow back into the treasury and are used to fund protocol operations, development, etc. Community Incentives – 27%
This allocation is dedicated to liquidity mining, staking, and incentive programs designed to attract and retain users. It is locked as veSAIL for four years. Genesis Liquidity Pool – 8%
This allocation is paired with USDC to seed the Genesis Liquidity Pool. This ensures deep liquidity from day one, enabling efficient trading, fair price discovery, and a stable entry point for new participants.
Initial Supply Allocation
Initial Supply Breakdown
The initial supply of SAIL is distributed across five categories, each designed to support protocol growth, stability, and long-term governance. Early Backers – 20%This allocation is allocated to early investors who funded the initial capital to bootstrap Full Sail. It is locked as veSAIL for four years. Early Contributors – 14%
This allocation is allocated to the developers, quants, and team members who designed, built, and launched Full Sail. It is locked as veSAIL for four years. Treasury Voting Power – 31%
This allocation is held and maintained by the treasury and is not intended for sale. It is locked as veSAIL for four years, ensuring the protocol retains meaningful governance weight. Each epoch, the treasury votes on pools using the averaged predictions from all user submissions, effectively acting as a stabilizing participant in predictive voting. Fees earned from these votes flow back into the treasury and are used to fund protocol operations, development, etc. Community Incentives – 27%
This allocation is dedicated to liquidity mining, staking, and incentive programs designed to attract and retain users. It is locked as veSAIL for four years. Genesis Liquidity Pool – 8%
This allocation is paired with USDC to seed the Genesis Liquidity Pool. This ensures deep liquidity from day one, enabling efficient trading, fair price discovery, and a stable entry point for new participants.