Sumero
  • Introducing Sumero
  • Welcome
    • Getting Started
  • Using Sumero
    • Synthetic Asset Positions Dashboard
    • Approved Synthetic Assets
      • NLHPI
      • VT
      • USCPI
    • Liquidity Provision
      • Liquidity Pools
      • LP Tokens
      • Providing Liquidity
      • Withdrawing Liquidity
      • Pool Fee Distribution
      • Risks
    • Staking
      • Liquidity Mining
      • Staking LP Tokens
      • Unstaking LP Tokens
      • Claiming Rewards
    • zClay Bonds
      • Lending Clay
      • Bond Maturation Schedule
      • Claim Bonds
  • Frequently Asked Questions
    • FAQ Sections
      • About Sumero Protocol & Global Access Labs
      • Trading
      • Fees
      • Collateral
      • Liquidity Provision
      • Oracles
      • Clay
      • zClay Bonds
      • cSynths (Synthetic Assets)
  • Tokenomics
    • Clay Token
      • Buying Clay
      • Selling Clay
      • Clay Issuance Schedule
  • Overview
    • The Sumero Ecosystem
    • Technical Overview
      • Expiring Multi Party
      • Priceless Position Manager
      • Liquidatable
      • Optimistic Oracle
      • Fees
  • Contracts
    • Addresses
  • Security
    • Audits
  • Resources
    • Network Information
    • Glossary of Terms
    • About The Team
    • Additional Links
  • dApp
  • Sumero Website
  • GitHub
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  • What is Clay?
  • Deployed Contracts
  • Clay Utility
  • How to acquire Clay

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  1. Tokenomics

Clay Token

Overview

PreviouscSynths (Synthetic Assets) NextBuying Clay

Last updated 1 year ago

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What is Clay?

Clay is Sumero's native cryptocurrency. Clay is an ERC-20 token. The source code for the CLAY token can be found on

Deployed Contracts

Ethereum Mainnet

Contracts
Address

Goerli Testnet

Contracts
Address

Clay Utility

In its current format, the Clay has no utility. However, the Sumero V2 token will have utility as an oracle token and Clay is convertible to it. In other words, Clay can be redeemed for Sumero V2 tokens.

How to acquire Clay

Sumero users can acquire clay in several ways including:

  1. Staking USDC-CLAY pool LP tokens in Sumero's LP staking contract.

  2. Lending Clay to the protocol in return for zClay bonds.

  3. Buying Clay on SumSwap with USDC.

GitHub here.
CLAY Token
0xB441859e44F19754eE79AFA91b081620dDFE269f
CLAY Token
0x199478425dBe9eD7f48A189bA1Ea68bD1c2061a2