The SQK TokenLink to this section
TL;DRLink to this section
- SQK is the reward token you receive when you claim ready Miner rewards.
- It starts with zero supply and has a lifetime cap fixed at deployment.
- Claimed SQK is separate from your Miner: transferring the NFT doesn't transfer SQK already in your wallet.
How is SQK different from a Miner?Link to this section
Your Miner is an NFT with its own identity, level, and mining power. SQK is the token paid out as its reward. Once you claim it, SQK is a separate wallet balance that you can hold or transfer without moving the Miner.
Holding SQK isn't the same as owning mining power. The reward-sharing rules use eligible Miner NFTs' active power.
Token detailsLink to this section
| Detail | Value |
|---|---|
| Name | Squeek |
| Ticker | SQK |
| Initial supply | 0 SQK at deployment |
| Maximum supply | A lifetime cap fixed at deployment |
What does the supply cap mean for you?Link to this section
New rewards use part of the remaining supply capacity. Claiming moves SQK that has already been created; it doesn't create more tokens or free space under the cap. If the cap is reached, ready rewards can still be claimed even though no new SQK can be issued.
The supply and rounding explanation covers that distinction and tiny unpaid fractions. Developers can use the SQK Token reference for exact units, transfers, approvals, and minting authority.
Related pagesLink to this section
Records verified work and tracks settled rounds and Squeek blocks on Ethereum.
Calculates rewards from settled work, holds funded SQK, and pays eligible NFT owners.
The Miner ERC-721 contract. Tracks NFT ownership and coordinates minting and merges with Mining.
Applies Core or Mining upgrades authorized by its governing Timelock.
Generates Miner NFT artwork from fixed onchain visual data.
Queues governance operations and enforces a delay before they can be executed.
The SQK ERC-20 contract. Enforces the lifetime supply cap; only Mining can mint SQK.
Checks that visual data conforms to the required DotGrid format.
When new mining power starts earning. Minting and merging schedule it for a later round, and a checkpoint must process the change.
A reward update that processes settled work and scheduled mining-power changes. It can make rewards available but doesn't pay them to an owner's wallet.
The Miner NFT permanently burned in a merge. Its unclaimed rewards move to the survivor, but its image is not combined or kept.
SQK issued under the mining reward rules. You can direct a share of your Miner's rewards to fund SqueekFi projects.
The physical mining device that records accepted wheel-magnet passages as work. It is separate from the virtual Miner NFTs.
Squeekchain's record of accepted wheel-magnet passages. It doesn't prove animal identity and isn't how Ethereum reaches consensus.
Combining two eligible same-level Miners you own into one higher-level Miner. One NFT is permanently burned; the survivor keeps both Miners' unclaimed rewards.
The completed Squeek blocks a Miner must wait through before merging. It measures completed work, not elapsed time or Ethereum blocks; transfers don't reset it.
The power used to calculate a Miner's share of rewards when eligible and active. A larger share of total power can mean a larger share of rewards.
A ten-minute period used to group measured work. The device saves a completed round's work total when measurement remained uninterrupted.
The transferable token used for mining rewards. It has a lifetime supply cap and is separate from the Miner NFT and the device's work count.
A completed amount of settled work. Enough recorded work completes one Squeek block; it is not an Ethereum block.
Squeek Miner NFTs earn SQK linked to recorded wheel activity. Owners can direct a share of those rewards to fund SqueekFi projects.
Squeekchain's ecosystem for hamster-powered onchain finance. Miner owners can choose to fund projects with a share of their SQK rewards.
The Miner NFT you keep in a merge. It gains a level, keeps its ID and image, and receives both Miners' unclaimed rewards.
A Miner's recorded reward balance that hasn't been paid to a wallet. It stays with the NFT when ownership changes.
One wheel-magnet passage that met the device's counting rules and was saved. It records work, not an amount of SQK.