Tokenomics

$ABRA utility and economics

$ABRA is not required to verify identity (zkLogin on Sui), browse assets, or pay in stablecoin. Verification is Sui-native; $ABRA is optional for fee tiers.

Live token (today)

Symbol$ABRA
ChainSui (verification) · SPL treasury token
Contract5c1FHZj36pkA3cpXcyZxDhRmQyxzUqMNQn8K5neDBAGS
Treasurycircuit.skr
DistributionLaunched via Bags.fm fair launch. Bonding curve. No pre-mine ahead of public.
HoldersVerify holder count on-chain before relying on marketing figures.

Verification runs on Sui without holding $ABRA. See chain architecture for the intentional split.

What $ABRA does

Access tiers

Hold $ABRA for Initiate → Operator → Architect → Sovereign tiers. Higher tiers unlock fee reductions.

Sponsor poolPlanned

Share of verification growth fees funds Sui sponsored transactions for Passport tiers (roadmap).

Fee reduction

Operator (10k+): 10% off. Architect (100k+): 25% off. Sovereign (1M+): 50% off platform fees.

Verification revenue

Protocol earns from verification packages. Token does not gate /passport verification.

GovernancePlanned

Sovereign-tier input on vault parameters and sponsor treasury policy. Not live yet.

Access tiers (live)

Initiate0 · Full platform access, zkLogin verification
Operator10,000 $ABRA · 10% fee reduction
Architect100,000 $ABRA · 25% fee reduction, priority support
Sovereign1,000,000 $ABRA · 50% fee reduction, governance weight (when live)

Institutional framework (target model)

$ABRA launched via Bags.fm fair launch on Solana. The allocation table below is the target institutional framework for future strategic rounds — not a claim that these tranches are already deployed.

Total supply1,000,000,000
StandardSPL Token-2022 (Solana)
Verification chainSui (not gated by token)
Seed (VC lead) (10%)12 mo cliff · 24 mo linear
Strategic partners (5%)9 mo cliff · 18 mo linear
Core team & advisors (18%)12 mo cliff · 36 mo linear
Ecosystem rewards (37%)None cliff · Dynamic emissions
Public launch (5%)None cliff · 100% at launch
Protocol treasury (25%)6 mo cliff · 48 mo linear

VC objections — answered

Why a token?

Separates USDC user fees from security coordination. $ABRA is a work token for validation — not a yield promise from a central manager.

Regulatory risk

Verification runs on Sui without holding $ABRA. Token is optional access and future validator stake.

Key-person risk

18% team pool under 12-month cliff reserved for post-funding senior hires.

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