# $SNP Token

$SNP token is the Snaps project governance token

**$SNP - Governance token**

* NFT mint for $SNP
* NFTs could be broken and become unusable if the user is inactive for a long time. This NFT can be restored for $SNP only
* Payments for brands advertising are paid only in $SNP
* Staking $SNP to get $SNPS
* NFT rank upgrade for $SNP

**$SNP distribution:**

<table><thead><tr><th width="157">$SNP</th><th>Value</th><th width="78">%</th><th width="120">Vesting</th><th>Lock-Up (Months)</th><th>TGE</th><th data-hidden></th></tr></thead><tbody><tr><td>Private Round</td><td>100,000,000</td><td>10%</td><td>Equally 24 month</td><td>24</td><td>0%</td><td></td></tr><tr><td>Community Drop</td><td>20,000,000</td><td>2%</td><td>Equally 24 month</td><td>2</td><td>7%</td><td></td></tr><tr><td>Marketing</td><td>210,000,000</td><td>21%</td><td>Equally 48 month</td><td>0</td><td>5%</td><td></td></tr><tr><td>Liquidity</td><td>75,000,000</td><td>7,5%</td><td>Equally 24 month</td><td>0</td><td>5%</td><td></td></tr><tr><td>Team</td><td>75,000,000</td><td>7,5%</td><td>Equally 48 month</td><td>18</td><td>0%</td><td></td></tr><tr><td>Treasury</td><td>100,000,000</td><td>10%</td><td>Equally 48 month</td><td>12</td><td>0%</td><td></td></tr><tr><td>Community Rewards</td><td>320,000,000</td><td>32%</td><td>Equally 48 month</td><td>0</td><td>5%</td><td></td></tr><tr><td>Product</td><td>100,000,000</td><td>10%</td><td>Equally 48 month</td><td>12</td><td>0%</td><td></td></tr></tbody></table>

<figure><img src="https://3283616001-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOXdnwM7qGUmrOKChOWMY%2Fuploads%2FpDUEExFZujMDOJ3DF6nR%2Fimage.png?alt=media&#x26;token=65fbf3b5-a9f1-488f-8c0b-b9c6adb0b008" alt=""><figcaption></figcaption></figure>

### Vesting

<figure><img src="https://3283616001-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOXdnwM7qGUmrOKChOWMY%2Fuploads%2FT0hZNEnOmeQ4UfQDslsX%2Fimage.png?alt=media&#x26;token=b2fd212d-efc9-4ebb-af66-28e41433e2c4" alt=""><figcaption></figcaption></figure>

* Total supply = 1,000,000,000 $SNP
* Initial Circulation Supply= 33,525,000 $SNP
* TGE Market Cap - 1,341,000 $SNP