![]() | SiO2 Finance |
SiO2 Finance is the multi-VM lending hub on Astar for Polkadot. Silicon dioxide (SiO2) is an oxide of Silicon and the major component of crystal, the purest gem in the natural world.
Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.
Ticker
SIO2
Type
Utility-token
What is SiO2 Finance
SiO2 Finance is designed to serve the Astar/Polkadot community with the best user experience, easy-to-use one-click features, and transparent governance.
SiO2 Features:
- Lending/borrowing: allow users to use multiple assets as collateral and borrow other assets
- Depositing: allow users to deposit multiple assets and earn passive income from interests
- veStaking: incentivize long-term token holders over short-term holders with $SIO2
- One-click flashloan: allow users to use flashloan for position migration (e.g., move position from one protocol to another in seconds) and arbitrages without coding
- One-click short position: allow users to short an asset with only one click
- Multi-VM support: both EVM and WASM will be supported on one frontend.
We aim to build multiple one-click solutions and become the most user-friendly lending product on Astar for Polkadot.
SiO2 Finance Roadmap
1
Q3 2022
- Protocol development
- Marketing pre-warm
- Third-party security audit
- Testnet launch on Shibuya
- Mainnet launch with veStaking
2
Q4 2022
- Public sale and token launch
- One-click short position Launch
- Add more one-click flashloan support for arbitrages and position migrations
- Multi-VM launch
3
Q1 2023
- Automated SIO2 buyback
- Governance features development
- Multisig integration
Token Allocation
Total Token Supply 1,000,000,000 SIO2
Token distribution
Private Sale - 15%
Team - 15%
Marketing - 2.5%
$SIO2 Liquidity Provider - 2.5%
On-chain Treasury - 10%
Public Offering - 5%
Liquidity Farming - 40%
$SIO2 Staking Incentives - 10%










