What makes SHHHHHHH valuable?

SHHHHHHH is designed with a protocol-oriented financial model that drives its value through ownership, revenue, scarcity, and alignment with the Ghost Layer’s growth.

Core Value Drivers

  1. Real Ownership: SHHHHHHH is fairly distributed, rewarding early adopters with significant upside as the protocol grows. It provides users with genuine stake in the ecosystem.

  2. Real Revenue: Holding Shhhhhh grants exposure to the total yield generated by the protocol. Approximately 90% of the dollar-equivalent yield is reinvested into SHHHHHHH, which is then acquired from the market and burned, reducing supply and enhancing value for holders.

  3. Scarcity:

    1. Emission Rate: The issuance of SHHHHHHH decreases over time as its circulating supply grows.

    2. Deflationary Pressure: The deflation rate of SHHHHHHH increases as the supply of GHOST tokens rises. Conversely, lower GHOST circulation results in a higher deflation rate. This dynamic preserves SHHHHHHH’s value, favoring early participants.

Decreasing Issuance Over Time

  • Front-Loaded Distribution: The highest issuance rate occurs in the initial weeks or months, tapering off as the circulating supply of SHHHHHHH increases.

  • Disinflationary Model: SHHHHHHH follows a deflationary issuance tied to GHOST circulation. As GHOST supply grows, the monthly deflation rate decreases; with lower GHOST supply, deflation intensifies. This ensures the inflation rate remains below the protocol’s revenue growth, preventing token dilution from outpacing economic expansion.

Valuable Through Cash Flows

  • Direct Rights to Revenue: SHHHHHHH gives holders absolute control over the yield generated by the Ghost Layer—a secure value transfer layer and a yield-generating powerhouse. The token’s value is directly tied to the protocol’s cash flows.

  • Earnings Per Token (EPT): As Total Value Locked (TVL) increases, the emission model boosts EPT, elevating the intrinsic value of SHHHHHHH. This aligns the token’s worth with the protocol’s success, incentivizing growth and long-term participation.

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