SLOHM and sSLOHM
SLOHM has multiple token types, each serving a specific purpose in the protocol.
SLOHM
The base protocol token.
| Property | Value |
|---|---|
| Standard | OP20 |
| Decimals | 18 |
| Supply | Elastic (mint/burn) |
| Backing | Treasury assets |
Uses:
- Trade on DEXs
- Stake for rewards
- Bond for discount
- Redeem for backing
sSLOHM (Staked SLOHM)
Represents staked SLOHM with automatic rebasing.
| Property | Value |
|---|---|
| Standard | Custom rebasing |
| Decimals | 18 |
| Balance | Increases each epoch |
| Ratio | 1 sSLOHM = 1 SLOHM (always) |
When you stake SLOHM, you receive sSLOHM. Your sSLOHM balance grows automatically every epoch through rebasing.
How rebasing works:
Your balance = Your credits × Global index
The global index increases each epoch, making your balance grow without any action required.
gSLOHM (Governance SLOHM)
Wrapped sSLOHM with a constant balance.
| Property | Value |
|---|---|
| Standard | OP20 |
| Decimals | 18 |
| Balance | Constant |
| Value | Increases via index |
Why use gSLOHM?
- Governance voting
- DeFi composability (constant balance)
- Easier accounting
Conversion:
gSLOHM = sSLOHM × 1e18 / index
sSLOHM = gSLOHM × index / 1e18
Token Comparison
| Aspect | SLOHM | sSLOHM | gSLOHM |
|---|---|---|---|
| Tradeable | Yes | Yes | Yes |
| Earns rewards | No | Yes | Yes* |
| Balance changes | No | Yes (up) | No |
| Voting power | No | No | Yes |
| DeFi friendly | Yes | Tricky | Yes |
*gSLOHM earns rewards indirectly - the index increases, so each gSLOHM is worth more sSLOHM over time.
Token Addresses
Coming Soon
Token addresses will be published after mainnet deployment.