SOVR Tokenomics

1,000,000,000 SOVR.
Hard cap. Closed loop.

SOVR tokenomics and token burn

SOVR is the token of Sovren Network. Its supply is fixed at 1 billion and never changes. Every time someone pays for a network service, 50% of the SOVR is burned and recycled to fund future operator rewards, 25% goes to operators who did verified work, and 25% goes to the company.

New to DePIN? Read what DePIN is.

Allocation baseline

Where the 1 billion sits

All 1 billion SOVR has existed on-chain since genesis. Only 95 million SOVR (9.5%) has been released, into issuer-controlled reserve wallets. The other 905 million sits undistributed in the protocol reserve and can only leave it through the rules written into the chain.

670M
150M
75M
75M
0500M1B SOVR

Undistributed. Funds work-based operator rewards over time.

Funds early operator rewards while network usage grows.

Part of the 95M genesis release.

Set aside for exchange listings. Unissued; release needs a governed action.

Part of the 95M genesis release.

Matches early operator revenue.

Settlement flow

The token burn: 50/25/25

When someone pays for a Sovren service, the payment settles in SOVR and splits three ways automatically. Half is burned and returned to the unissued supply, where it funds future operator rewards instead of disappearing. A quarter goes to operators who did verified work that day, and a quarter to the company for infrastructure, ecosystem, treasury and staking.

50%

Burn + Recycle

Spent SOVR goes back to the Latent reserve. It is not destroyed and it is not resold. It becomes the supply that future operator rewards are paid from.

25%

Operator pool

Shared once a day across every active operator, weighted by attested work: verified delivery and uptime. Owning a license alone earns nothing. Rewards are variable, depend on verified work and are not guaranteed.

25%

Company allocation

Funds the people and systems behind the network: 40% infrastructure, 40% ecosystem, 10% treasury, 10% staking pool.

Inside the 25% Company allocation

40%

Infrastructure

40%

Ecosystem

10%

Treasury

10%

Staking pool

The split is set in the chain's settlement module and runs on every settled payment. There are no invoices and no manual payouts.

Comparison

Burn and recycle vs burn-and-mint

In a burn-and-mint equilibrium model, tokens spent on the network are destroyed, and new tokens are minted to pay the people who provide the service. Total supply moves up or down depending on whether more is burned or minted.

SOVR works differently. Spent SOVR is not destroyed. It returns to the Latent reserve, and operator rewards are paid out of that same reserve. Nothing new is ever minted: minting is switched off at the chain level. Total supply stays at exactly 1 billion SOVR at all times, and the supply module checks this on every transfer between states.

Because supply never shrinks, the SOVR burn is not deflationary. It recycles tokens so the network can keep paying for verified work as usage grows.

ComparisonBurn-and-mint equilibriumSOVR burn and recycle
Burned tokensBurned tokens are destroyed.Burned tokens return to the Latent reserve.
RewardsNew tokens are minted as rewards.Rewards are paid from the Latent reserve.
Total supplyTotal supply can change.Total supply is fixed at 1 billion.
Supply architecture

Four states, one closed loop

Every SOVR token is in exactly one of four states at any moment. Burn + Recycle is the step that sends spent SOVR back to the start.

Latent

Reward issued

Locked

Operator claims

Vesting

180-day vest

Claimed

Burn + Recycle

The detail

State 01

Latent

Held by the chain's supply module, in an account that has no private key. No person or company can move it. Rewards are issued from here.

State 02

Locked

Issued to an operator for verified work and waiting to be claimed.

State 03

Vesting

The operator has claimed it. It releases in a straight line over 180 days. While it vests, the node that earned it pauses.

State 04

Claimed

Fully released and in the operator's wallet to hold, use or transfer.

Transition

Burn + Recycle

When SOVR is spent on a network service, half returns to Latent and the loop starts again.

Key parameters

SOVR key parameters

Hard cap
1,000,000,000 SOVR
Genesis release
95,000,000 SOVR (9.5% of the cap) in issuer-controlled wallets under the v0.24.0 baseline: 75M Liquidity Pool + 20M Service/OTC
Token denomination
usovr (1 SOVR = 1,000,000 usovr)
Decimals
6
Block time
About 6 seconds on sovr-1 mainnet
Consensus
CometBFT (Tendermint) BFT
Chain framework
Cosmos SDK v0.53
Address format
Bech32 (sovr1... / sovrvaloper1...)
Cross-chain
IBC-Go v10, plus a Hyperlane bridge to Base (native SOVR to a wrapped ERC-20)
Reward vesting
180-day linear release after claim
Node during vesting
the node that earned the reward pauses during its own vesting window
License transfer lockup
12 months
Licenses per wallet
up to 200 in the primary sale
Total node licenses
10,000: 9,000 sold across tiers T01 to T09, plus 1,000 Company Reserve

Full specification: SOVR whitepaper v7.0

FAQ

SOVR tokenomics FAQ

SOVR is the native token of Sovren Network, Sovren Technologies' blockchain for decentralized storage, content delivery, bandwidth and data services. Customers use SOVR to pay for network services, and node operators receive SOVR for infrastructure work the network can verify. It runs on its own Cosmos SDK chain and can be bridged to Base.
Operator participation

Ready to run a node?

Run a node and receive SOVR for verified infrastructure work. Or read the whitepaper for every module, attestation rule, and reward condition.

Important. This page is not an offer to sell securities, investment advice, legal advice, or tax advice. Node licenses provide the right to operate infrastructure and are not an investment. Participation requires verified work. Sovren Technologies, Inc. does not guarantee payments, earnings, functionality, or liquidity. All mechanisms are subject to final technical, legal, and governance review. Eligibility, jurisdictional, and compliance restrictions apply.