Deep Dive
1. Gate Listing & Airdrop (July 2025)
Overview: SARM’s July 2025 listing on Gate included a GT holder-exclusive airdrop, distributing 2.08M tokens to incentivize liquidity and engagement.
The event required KYC verification and capped participation at 1,000 GT per user. Trading began on 10 July 2025, with tokens fully unlocked at distribution. While this boosted short-term visibility, it introduced sell pressure risks due to immediate liquidity.
What this means: Neutral for SARM – exchange listings improve accessibility, but unlocked airdrops may dilute value if holders sell aggressively. (Source)
2. Tokenomics & Vesting (2024–2025)
Overview: SARM’s token distribution includes multi-year vesting for team, advisors, and investors, with 40% allocated to in-game rewards.
Private sale tokens (5% of supply) have a 12-month cliff followed by 12-month linear release, while team tokens (15%) vest over 48 months post-cliff. This structure aims to align long-term incentives but risks concentrated unlocks post-2025.
What this means: Bearish short-term – heavy vesting schedules could lead to future sell pressure, but neutral long-term if development progresses. (Source)
Conclusion
Stella Armada’s development focus remains on ecosystem growth via exchange listings and tokenomics, but codebase updates are not publicly visible. With 90%+ price declines since 2024 and high circulating supply, how might upcoming vesting unlocks impact its recovery?