πŸ‡ΉπŸ‡°Ecosystem

Total Reward Policy

Policy Diagram

Supply Policy Description

  • Total token supply

    • 1 billion

  • Total Vesting proportion

    • Content team (20%)

    • Technology team (20%)

    • Contributors (60%)

  • Vesting Frequency

    • 50 release intervals occurring every 5 weeks.

    • Total vesting duration is 250 weeks, equivalent to roughly 5 years.

For each release interval, a specific percentage of tokens is allocated: 0.4% for both the content and technology teams (2 million tokens to each) and 1.2% for the community (12 million tokens).

These tokens are gradually transferred to the respective team accounts or the rent market contract, ensuring a steady and controlled distribution of tokens over the 5-year period.

The aim of this measured approach is to support the long-term commitment and engagement of the content and technology teams while fostering a strong and sustainable community ecosystem.

Policy Summary

  • Vesting (content team - 20%, technology team - 20%, contributors-60% in 250 weeks, about 5 years)

    • Frequency

      • Total release count : 50 (about 1 release / 5 weeks)

    • Content Team : 20% in about 5 years β†’ 50 frequency for 250 weeks

      • 4 million - 0.4% / 5 weeks rate (minimum frequency is 5 weeks)

        • Transfer vesting token to the content team account

    • Technology Team : 20% in about 5 years β†’ 50 frequency for 250 weeks

      • 4 million - 0.4% / 5 weeks rate (minimum frequency is 5 weeks)

        • Transfer vesting token to the technology team account

    • Community : 60% in about 5 years β†’ 50 frequency for 250 weeks

      • 12 million - 1.2% / 5 weeks rate (minimum frequency is 5 weeks)

        • Transfer vesting token to the rent market contract

Community Reward Policy

Process Diagram

Mechanisms Process

Our token incentive program is tailored for contributors, including token holders, NFT owners, rentMarket owners, and Service owners, distributing 1.2% of the total token supply (12 million tokens), every 5 weeks based on their respective balance rates.

Community

  • NFT owners

    • Reducing token liquidity

      • Holdings tokens in the market balance wallet

      • Earning market balance through NFT rentals.

  • rentMarket owners

    • Support the project

      • Holding tokens in the market balance wallet

      • Receiving market balance through rent market fees.

  • Service owners

    • Contribution

      • Maintaining token liquidity in the market balance wallet

      • Earning market balance from rent market fees.

The contribution value is based on the holding token amount at the market balance.

The reward process is managed through a vesting program facilitated by the rewardToken and rewardTokenShare contracts.

Process Summary

  • At each vesting, total distribution to these 3 contributors is 12 million (1.2% / 5 weeks) token.

  • NFT owners

    • 9.6 million tokens (80%)

  • rentMarket owners

    • 1.2 million tokens (10%)

  • Service owners

    • 1.2 million tokens (10%)

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