Question 1

What is STIK?

Accepted Answer

STIK is the utility token of the Staika project and uses Solana’s SPL standard. The whitepaper defines it as a reward medium for activity and participation within the project, a payment method usable for various services, and a medium for purchasing and minting NFT items; these are functions described by the project and do not equate to equity or ownership of project revenue.

Question 2

How is STIK used in the Staika ecosystem?

Accepted Answer

Within Staika, STIK connects participation, spending, and digital items: users’ activity or participation may form the basis for reward distribution, project services may use STIK as a payment method, and users may also use it to purchase and mint NFT items. Therefore, the token’s in-project use depends on whether the relevant services offer these functions and whether users actually use them, rather than arising solely from holding it.

Question 3

Which blockchain does STIK belong to, and why should the network be confirmed before use?

Accepted Answer

STIK is an SPL token on Solana. SPL is Solana’s token standard, meaning that the token’s balances and transfers are recorded and processed on the Solana network; before sending to or from an address, confirm that the wallet, service, and address all support the Solana network and this token.

Question 4

What is STIK’s total supply, and why does it not equal circulating supply?

Accepted Answer

STIK has a total supply of 250 million tokens and 9 decimal places. Total supply describes the total amount established for the token, not the amount circulating or immediately tradable at a given point in time; the latter is also affected by the release and vesting conditions of each allocation category.

Question 5

How is STIK allocated, and what purpose does each category serve?

Accepted Answer

The official allocation plan divides the 250 million STIK into seven categories: ecosystem, 87.5 million (35%); operations, 37.5 million (15%); private sale, 30 million (12%); reserves, 25 million (10%); R&D, 25 million (10%); marketing and events, 25 million (10%); and team and advisors, 20 million (8%). The ecosystem category has the largest share, and the whitepaper describes it as the main incentive pool supporting staking, participation, and reward programs. Category names indicate intended uses, rather than that every category is fully available at the same time. For example, the operations category is described as being for liquidity, market making, buybacks, and operating funds; reserves are for emergency support, acquisitions, or major ecosystem events; and the R&D category supports product improvements and technology integration.

Question 6

How do STIK’s vesting and release arrangements affect the pace at which tokens enter circulation?

Accepted Answer

STIK’s vesting rules differ by category. The 87.5 million ecosystem tokens are released at a monthly pace of approximately 1% to 1.3%; the 30 million private-sale tokens are released at 5% per quarter; and the 20 million team and advisor tokens are also released at 5% per quarter. The whitepaper further states that the team and advisor category has a 12-month cliff, followed by quarterly vesting through 2026. Release of the reserve category is subject to board approval; the R&D category states that it is released at a monthly pace of approximately 1.66% after TGE until reaching 71 million tokens; and the operations and marketing and events categories do not have specific periods listed in that vesting table. Therefore, all 250 million tokens cannot be treated as entering circulation simultaneously under the same rules.

Question 7

What is the relationship between STIK and Staika NFTs?

Accepted Answer

When using STIK to purchase or mint NFTs, the key considerations are whether the NFT function is available in the Staika service being used and whether the transaction wallet supports Solana. The whitepaper lists STIK as a medium for purchasing and minting NFT items within the project, but this does not automatically mean the function is available for every NFT, every service, or at all times.

Question 8

What does “after TGE” mean in STIK’s vesting rules?

Accepted Answer

TGE is the token generation event, the reference point at which a project begins generating or distributing tokens under its token rules. In Staika’s vesting table, monthly releases for the R&D category begin “after TGE”; therefore, when reading this rule, it is necessary first to identify TGE as the timing point and then understand the subsequent monthly or quarterly release pace.

Staika (STIK) Price

Price of Staika (STIK) Today in USD