# $SGLDM

![](/files/0pxPy2JDwCCpskcO49bk)

GoldMint Shares ($SGLDM) are one of the ways to measure the value of the GoldMint protocol and shareholder trust in its ability to maintain GoldMint close to peg. During epoch expansions, the protocol mints GoldMint and distributes it proportionally to all SGLDM holders who have staked their tokens in the Mint (boardroom). $SGLDM holders have voting rights (governance) on proposals to improve the protocol and future use cases within the GoldMint finance ecosystem. 

$SGLDM has a maximum total supply of 70,000 tokens distributed as follows: 

**DAO Allocation**: 7000 $SGLDM vested linearly 24 months.

**Team Allocation:** 3500 $SGLDM vested linearly over 24 months.

The remaining 59,500 $SGLDM are allocated for incentivizing liquidity providers in two share pools for 24 months.

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### [$SGLDM token address](https://etherscan.io/token/0xE61776305003d700FBC8318da97806032a3b08ED)

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