> For the complete documentation index, see [llms.txt](https://docs.skycastle.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.skycastle.network/the-sky-token.md).

# The SKY Token

## Purpose

SKY is the coordination and value accrual mechanism for the network. It is a NAV-backed index of builders.

## Supply & Allocations (100B total)

| Bucket             | % of Supply | Notes                      | Vesting                |
| ------------------ | ----------- | -------------------------- | ---------------------- |
| Partner Seats (30) | 30%         | 1 ETH = 1% supply          | 6-mo cliff, 18-mo vest |
| Council Seats (64) | 10%         | 0.25 ETH = 0.15625% supply | 6-mo cliff, 6-mo vest  |
| Team (2)           | 20%         | Basil, Garrett + soft flex | 6-mo cliff, 30-mo vest |
| Incentives         | 30%         | Partners, Council, eco, LP | 5% day one, 24-mo vest |
| LP                 | 10%         | 1-sided v4 pool            | Locked                 |