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Welcome to Service Coin

Welcome to the official documentation for Service Coin, a decentralized protocol built to bridge the gap between real-world business revenue and on-chain yield.

Our mission is to create a sustainable, transparent, and resilient DeFi ecosystem powered by real profits, not speculative hype. This GitBook provides a comprehensive overview of our system, from our core economic model to detailed guides on how you can participate.

For a deeper technical dive, please read our full Whitepaper.

1. Core Concepts

This section explains the fundamental principles behind the Service Coin ecosystem.

What is Service Coin?

Service Coin is a decentralized protocol built on Arbitrum that allows SRV token holders to earn yield generated from a diversified portfolio of real-world assets and services. The ecosystem is designed to be deflationary, with value driven by real business income rather than inflationary token rewards.

The Real Asset Income Fund

The heart of our ecosystem is the Real Asset Income Fund. This treasury is powered by two distinct, real-world revenue streams that work in synergy to create sustainable value and yield for SRV holders.

  • Real Business Income: Our network of vetted service partners—contractors, electricians, HVAC technicians, etc.—generates steady cashflows from essential, real-world jobs. A portion of this revenue is directed into the fund, fueling the ecosystem.

  • Stable Yields from RWAs: The fund also diversifies into tokenized Real-World Assets (RWAs) like treasury bills and private credit. These off-chain investments deliver reliable, predictable yields, helping stabilize returns outside the volatility of crypto markets.

The Real Yield System in Action

This is the step-by-step process of how we turn real-world business activity into on-chain yield. It's a simple, repeatable engine for value creation.

    A[Business Gets Funded] --> B[Work is Completed];
    B --> C[Loan is Repaid with Fee];
    C --> D[Profit Becomes Yield];
    D --> A;
  1. Business Gets Funded: A vetted contractor needs short-term capital for a project. They present a verified invoice to our system and receive an on-chain loan from the treasury.

  2. Work is Completed: The contractor uses the funds to complete the real-world job (e.g., an HVAC installation) and gets paid by their client.

  3. Loan is Repaid with Fee: The contractor repays the loan principal plus a small fee back into the treasury. The principal is now ready to fund the next project.

  4. Profit Becomes Yield: The fee, which is pure profit, is sent to the Yield Vault. This profit becomes the real, sustainable USDC yield earned by SRV stakers.

2. For Participants

This section covers how you can get involved and earn within the ecosystem.

How to Get SRV

The primary marketplace for acquiring the SRV token is on Camelot DEX on the Arbitrum network.

Trade on Camelot

If your funds are on another chain, you may need to bridge them to Arbitrum first. We recommend using our partner, rhino.fi.

Bridge to Arbitrum

Staking SRV for USDC Yield

The most direct way to earn is by staking your SRV tokens in our dApp.

  • The Process: When you stake your SRV, you receive sREV (Staked Service Revenue) in return. sREV is your liquid receipt token; it represents your share of the staking pool and is what earns the USDC rewards.

  • The Rewards: USDC rewards are paid out periodically from the Yield Vault, which is funded by the profits from the Real Yield System.

  • Unstaking: To get your original SRV back, you simply convert your sREV back to SRV through the dApp.

Launch Staking App

Yield NFTs

Yield NFTs are your tokenized gateway to specific real-world returns. Each NFT is backed by actual revenue from a specific source, giving you direct ownership of a piece of a real-world asset.

Why Hold a Yield NFT?

  • Earn passive yield from a specific, verifiable source.

  • Own a piece of real economic activity.

  • Support decentralized service providers.

  • Trade or sell your position on a secondary market like OpenSea.

View NFT Collections on OpenSea

3. For Businesses

How to Get Project Funding

If you are a contractor or service provider in need of short-term capital to cover project costs, you may be eligible for funding from our system. We provide fast, fair, on-chain financing based on your approved invoices.

Apply for Funding

Access The Real Yield System

4. Tokenomics

  • Total Supply: 21,000,000 SRV (Fixed Cap)

  • Circulating at Launch: 18,330,000 SRV

  • Launch Burn: A 12.7% burn was conducted at launch to increase scarcity.

  • Allocations: Token allocations are directed towards ecosystem growth, business onboarding, and partnerships. There is no inflationary mechanism.

5. Security & Governance

  • Legal Structure: Service Coin operates under a dual-entity structure for maximum compliance: a Wyoming DAO LLC for on-chain governance and a Delaware LLC for off-chain operations.

  • Smart Contracts: All protocol contracts are publicly verifiable on Arbiscan and have undergone professional audits.

  • Governance: Governance is conducted via Snapshot, where sREV holders can vote on proposals.

Vote on Snapshot

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