Question 1

What is SHELL?

Accepted Answer

SHELL is the native token of the MyShell ecosystem. MyShell serves consumers, AI agent creators, and open-source researchers, supporting the creation, sharing, and monetization of AI agents; SHELL connects service payments, creator compensation, and promotional activities within the platform. It should be distinguished from Shell Coin, which is used for off-chain settlement within the platform: the two have similar names but are not the same asset.

Question 2

What is SHELL used for in MyShell?

Accepted Answer

SHELL can be used to pay for MyShell's entertainment and tool services, and is also connected to creator compensation for high-quality AI agents and advertising fees. Its functional chain is: platform services or promotional activities generate payment demand, SHELL is used as the corresponding payment or settlement medium, and creators can receive compensation for their agents. Whether a particular service accepts SHELL, the payment amount, and settlement conditions still depend on the platform's product rules at the time.

Question 3

Are SHELL and Shell Coin the same asset?

Accepted Answer

SHELL and Shell Coin should not be confused. SHELL is MyShell's native token, and its supply and allocation are described in the official tokenomics documentation; Shell Coin is an off-chain settlement currency within the platform. Therefore, when discussing token supply, allocation, or on-chain assets, it should be confirmed that the subject is SHELL; when discussing internal platform settlement, Shell Coin rules should not automatically be applied to SHELL.

Question 4

What can MyShell's AI agents do?

Accepted Answer

MyShell's AI agents are software assistants that creators can build, share, and make available for users. The platform supports creators combining different models and external APIs to make agents, while users can explore different uses such as companionship, entertainment, learning, or productivity. Whether an agent can complete a particular task depends on the models, tools, and settings integrated by its creator; support for creation on the platform does not mean all agents have the same capabilities or outcomes.

Question 5

How is SHELL's supply arranged?

Accepted Answer

SHELL has a maximum total supply of 1 billion tokens, but the supply cap does not equal the circulating supply at a given point in time. The official allocation table assigns tokens to different categories; some may unlock at the token generation event, while the remainder is released progressively according to their respective vesting arrangements. Therefore, whether tokens in a category are already circulating requires considering the category's initial unlock percentage, whether there is a cliff, and the duration of linear release after the cliff, rather than inferring tradable market supply from 1 billion tokens alone.

Question 6

What are community and ecosystem tokens mainly used for?

Accepted Answer

Community incentives account for 30% of SHELL's total supply and are used to reward users participating in the ecosystem; ecosystem and treasury account for 8.5% and are used for strategic partners, on-chain ecosystem development, and specific governance proposals, among other purposes. Neither allocation enters the market immediately in full merely because of its category name; each has its own phased-release arrangement. They indicate the intended use of reserved tokens, but do not amount to a promise of identical rewards to all users.

Question 7

When are team and private-sale tokens released?

Accepted Answer

The private-sale allocation accounts for 29% of the total supply, and the team allocation accounts for 12%. Both have a one-year cliff: from the token generation event, they are not continuously released under the subsequent linear vesting schedule during that phase; after the cliff ends, the private-sale allocation is released linearly over three years, while the team allocation is released linearly over four years. Linear release means tokens are obtained progressively over time during the corresponding vesting period, rather than all unlocking at once at the end.

Question 8

How should the relationship between SHELL's uses and token supply arrangements be understood?

Accepted Answer

SHELL's platform uses may connect it to MyShell service usage, creator compensation, and advertising activities, but this connection does not constitute a promise of price or returns. Actual demand depends on whether the relevant functions are adopted, whether services continue to settle in SHELL, and whether participants choose to use it; meanwhile, the established vesting schedule changes the number of tokens available or tradable at different times. Before using or holding it, users should separately understand the product rules and release arrangements.

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