Slingshot Foundation

$SHOT

The Utility Token Powering the Slingshot AI Ecosystem
By the community, for the community.
Whitepaper v1.0 · March 2026
ABSTRACT

$SHOT is an ERC-20 utility token on Base (Coinbase L2) that serves as the native currency of the Slingshot ecosystem, a protocol layer for AI products and services. "Powered by Slingshot" products accept $SHOT alongside fiat, offering users 20-30% discounts when paying with $SHOT. Token holders can stake to earn staking rewards, receive a share of protocol fees, and access exclusive partner perks. The protocol collects a 5% fee on all $SHOT transactions, split between token burns (35%), staker rewards (35%), and the ecosystem treasury (30%). With a fixed supply of 1 billion tokens, no minting capability, and continuous burn pressure from every transaction, $SHOT is designed to become scarcer over the long term while providing real utility across a growing network of AI products.

Table of Contents

  1. Introduction
  2. The Problem
  3. The Slingshot Protocol
  4. $SHOT Token
  5. The Discount Model
  6. Staking
  7. Fee Mechanics & Deflationary Model
  8. Ecosystem Products
  9. Agent Compute Infrastructure
  10. Token Allocation
  11. Token Sale
  12. Vesting Schedule
  13. Perks Hub
  14. Protocol Architecture
  15. Roadmap
  16. SLING Legacy
  17. Risks & Disclaimers

1. Introduction

The AI tool market is exploding. Thousands of products launch every week — but most fail not because of bad technology, but because of three unsolved problems: distribution, monetization, and user commitment.

Slingshot is a protocol that solves all three. By creating a shared economic layer ($SHOT) across independent AI products, Slingshot gives builders access to committed users, gives users discounts across the ecosystem, and gives stakers passive income from ecosystem growth.

This whitepaper describes the $SHOT token: its utility, its economics, and how it connects builders, users, and the growing AI agent economy into a single, aligned system.

2. The Problem

2.1 For AI Builders

Building an AI tool is easier than ever. Getting users is harder than ever. Customer acquisition costs in SaaS average $200-500 per user. Most indie AI tools can't afford traditional marketing. They build great products that nobody finds.

2.2 For AI Users

The average knowledge worker uses 5-10 AI tools. Each has its own subscription, payment flow, and pricing. There's no unified way to discover, pay for, and manage AI tool spending.

2.3 For the Ecosystem

AI tools exist in silos. There's no shared infrastructure for payments, identity, or value exchange. When AI agents begin transacting autonomously, they'll need a common economic layer — one that doesn't exist today.

3. The Slingshot Protocol

Slingshot is a shared economic layer for AI products. It provides:

The Slingshot Foundation maintains the protocol infrastructure and promotes ecosystem growth. It does not own or control the products built on the protocol. Each "Powered by Slingshot" product is independent — they integrate $SHOT because the ecosystem provides distribution, committed users, and economic alignment.

4. $SHOT Token

4.1 Specification

PropertyValue
NameSHOT
StandardERC-20
ChainBase (Coinbase L2)
Total Supply1,000,000,000 (fixed)
MintingDisabled
BurningEnabled
Decimals18

4.2 Core Utility

  1. Payment — Accepted by ecosystem products alongside fiat, with 20-30% discounts
  2. Staking — Lock $SHOT to earn staking rewards, fee share, and perks
  3. Governance — Future governance weight proportional to stake (mechanism and timeline TBD via community proposal)

5. The Discount Model

This is the core economic mechanism of $SHOT.

5.1 How It Works

Powered by Slingshot products accept both fiat (USD, USDC) and $SHOT for services. Users who pay in $SHOT receive a discount negotiated per product (currently 20-30%). The discount is the product's customer acquisition cost — cheaper and more effective than paid advertising.

5.2 Revenue Flow

Fiat Payment: User pays fiat → Product keeps 100% → Protocol earns nothing.

$SHOT Payment:

User pays $SHOT + 5% fee Product keeps full price 5% to FeeRouter 35% Burn 35% Stakers 30% Treasury

The protocol only earns revenue when users pay in $SHOT. This creates direct alignment: the more people choose $SHOT, the more fees flow to stakers and burn.

5.3 Current Product Discounts

Product$SHOT Discount
Slingly (marketplace)30% off vs fiat
SlingerBoost (marketing)20% off vs fiat
Cockpit (dashboard)Native $SHOT only
Agent ComputeNative $SHOT only

6. Staking

$SHOT holders can stake tokens to earn yield and unlock ecosystem benefits. Staking is structured around five tiers with increasing rewards, and a time-weighted multiplier that rewards long-term commitment.

6.1 Tiers

TierStake RequiredFee Share WeightPerks
Pebble00xNone
Stone10,000 (~$100)1xBasic
Boulder50,000 (~$500)1.5xFull
Meteor250,000 (~$2,500)2.5xFull + Priority
Comet1,000,000 (~$10,000)4xFull + Exclusive

USD estimates at listing price ($0.01/SHOT).

6.2 Earnings

Stakers earn from two independent sources:

  1. Staking Rewards Pool — 150,000,000 SHOT distributed continuously over 36 months, proportional to stake and tier weight.
  2. Protocol Fee Share — 35% of all protocol fees, distributed to stakers proportionally. Grows with ecosystem usage.

A time-weighted multiplier (1.0x to 2.0x over 12 months) increases both streams for long-term stakers. Unstaking triggers a 7-day cooldown and resets the multiplier.

6.3 Private Sale Bonus

Private sale participants receive a staking time credit — their cliff period counts toward the time-weighted multiplier, starting at 1.5x instead of 1.0x. This advantage narrows naturally and equalizes at 12 months.

7. Fee Mechanics & Deflationary Model

A 5% protocol fee is applied to all $SHOT transactions within the ecosystem. The fee is added on top of product pricing — products keep their full revenue. Fiat payments bypass the protocol entirely and generate no fees.

7.1 Fee Distribution

DestinationSharePurpose
Burn35%Permanent supply reduction
Stakers35%Passive yield for stakers
Treasury30%Ecosystem development

7.2 Deflationary Design

With no minting capability and continuous burns from every $SHOT transaction, the circulating supply can only decrease over time. Burn rate scales directly with ecosystem adoption — more products, more transactions, more burn.

The staking rewards pool bootstraps early yield. As the ecosystem matures, protocol fee revenue is expected to become the primary source of staker earnings. Reward rates are dynamically adjusted to ensure sustainability.

8. Ecosystem Products

All products are independent, built by teams aligned with $SHOT success. "Powered by Slingshot" means the product integrates $SHOT as a payment method.

8.1 SlingerBoost (Live)

Community marketing engine. 100+ marketers, 340K+ combined reach. Partners pay in fiat or $SHOT (20% discount).

8.2 Slingly (In Development)

Marketplace: List, discover, and pay for AI tools. Fiat or $SHOT (30% discount). Launchpad: Back AI projects with $SHOT. Funded projects deliver early access to backers.

8.3 Cockpit (In Development)

Crypto intelligence dashboard with AI market insights, social signals, news. Pro features paid in $SHOT.

8.4 Permissionless Expansion

The ecosystem is open. Any team can build a product that integrates $SHOT.

9. Agent Compute Infrastructure

Slingshot operates GPU infrastructure. Builders deploy AI agents paying $SHOT per API call.

9.1 Pricing

TierUse CasePrice
LightText, basic inference~10 SHOT / 1K calls
StandardAnalysis, generation~50 SHOT / 1K calls
HeavyGPU-intensive, batch~200 SHOT / 1K calls

9.2 Why Compute Matters

Compute is the most reliable fee generator. If an agent is running, it's paying. Every compute transaction flows through FeeRouter — stakers earn, tokens burn. GPU infrastructure funded from token sale proceeds, online by Month 4-6.

10. Token Allocation

Category%Tokens
Community & Ecosystem23%230,000,000
Token Sale15%150,000,000
Staking Rewards15%150,000,000
Treasury15%150,000,000
Team & Contributors12%120,000,000
Marketing & Growth8%80,000,000
Liquidity5%50,000,000
Strategic Partners3%30,000,000
SLING Legacy2%20,000,000
Launch Incentives2%20,000,000
Total100%1,000,000,000

11. Token Sale

RoundPriceTokens%Max RaiseWallet CapMultipleVesting
Private$0.00550M5%$250K$1,0002.0×1mo cliff, 5% + 5mo linear
Public$0.008100M10%$800K$2,5001.25×1mo cliff, 10% + 3mo linear
Total150M15%~$1.05M

Listing: $0.01/SHOT → FDV $10,000,000

Use of Proceeds

CategoryShareAt Full Raise
LP Pairing20%$210,000
Runway25%$262,500
GPU Infrastructure10%$105,000
Marketing15%$157,500
Buffer30%$315,000
Total100%~$1,050,000

Amounts scale with actual raise. LP pairing receives 20% of total proceeds — initial liquidity depth is directly proportional to sale performance. The "At Full Raise" column assumes both rounds sell out.

Sale Vesting

Rollover Mechanic

Unsold Private round tokens roll into the Public round allocation automatically. This ensures all sale tokens reach the market regardless of Private round demand.

12. Vesting Schedule

CategoryTGECliffLinearFully Unlocked
Sale (Private)5%1 month5 monthsMonth 6
Sale (Public)10%1 month3 monthsMonth 4
Community5%2 months18 monthsMonth 20
Staking RewardsContinuous36 monthsMonth 36
Treasury5%3 months12 monthsMonth 15
Team0%6 months12 monthsMonth 18
Marketing10%1 month9 monthsMonth 10
Liquidity100%PermanentNever
Strategic0%3 months12 monthsMonth 15
SLING Legacy0%3 monthsMonth 4
Launch Incentives50%1 month1 monthMonth 2

Supply Milestones

13. Perks Hub

A dashboard of exclusive discounts, credits, and trials from partner AI tools — unlocked by staking $SHOT at Stone tier or above.

  1. Verify: Connect wallet. Staking status confirmed on-chain.
  2. Browse: Discounts and credits from partner AI tools.
  3. Redeem: Use perks directly. Higher tiers unlock better deals.

The Foundation negotiates perks on behalf of the community. Partners receive marketing and distribution. The Foundation earns nothing from perks — pure staker benefit.

14. Protocol Architecture

ContractFunction
SHOT TokenERC-20 with burn. Fixed 1B supply, no mint.
Staking ContractFive-tier staking, rewards, fee share, time-weighted multipliers.
FeeRouterSingle split (35/35/30). Routes fees to burn, stakers, treasury.
Perks HubGated dashboard, on-chain staking verification.
TreasuryCommunity-governed multisig for ecosystem development.

15. Roadmap

Phase 1 — Launch (Month 0)

Phase 2 — Products (Month 1-3)

Phase 3 — Compute (Month 4-6)

Phase 4 — Agents (Month 6-12)

Phase 5 — Scale (Month 12+)

16. SLING Legacy

20,000,000 $SHOT (2%) allocated to verified SLING legacy holders based on a proportional snapshot taken pre-TGE. Claim window: Month 3 to Month 4 post-TGE (30-day window). Unclaimed tokens return to treasury. $SLING remains as a legacy layer. SLING and SHOT are separate, independent tokens.

17. Risks & Disclaimers

17.1 Risk Factors

17.2 Legal Disclaimer

Nothing in this document constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any token, security, or financial instrument. $SHOT has not been registered under any securities laws. Cryptocurrency involves substantial risk — never invest more than you can afford to lose. Projections are illustrative and not guarantees. Always verify contract addresses through official channels. Do your own research.