New Tokenomics Proposal # New Tokenomics Proposal ## Summary - No reset. All chain data produced so far stays. Nobody's balance gets zeroed out. - The remaining treasury balance gets burned. - Miners' share of max supply rises from 40% to 50%. - Validator entry becomes paid. ## Changes | Item | Now | Proposed | | --------------------------- | ------------------------ | -------------------------- | | Treasury | 550M | 12M paid out, rest burned | | Miners' share of max supply | 40% | 50% | | Initial block reward | 16 | 40 | | Transaction fees | 20% miners, 80% treasury | 20% miners, 80% validators | | Validator entry | Invite only | Paid | Max supply and the emission schedule stay the same. ## Block reward split **Block reward share (%)** | Period | Miners | Validators | Burned | | --------------------------- | ------ | ---------- | ------ | | Now | 100% | 0% | 0% | | First 2 years | 50% | 25% | 25% | | After year 2 (provisional) | 50% | 50% | 0% | **Block reward amount (coins)** | Period | Reward | Miners | Validators | Burned | | ---------------------------------------- | ------ | ------ | ---------- | ------ | | Now | 16 | 16 | 0 | 0 | | First 2 years after the upgrade | 40 | 20 | 10 | 10 | | Year 2 to first halving (provisional) | 40 | 20 | 20 | 0 | | After first halving (provisional) | 20 | 10 | 10 | 0 | The post-year-2 split will be revisited once we see how the first two years play out. ## Why burn 25% for two years About 62M coins entered supply without mining. | Source | Amount | | --------------- | ------ | | Genesis airdrop | 50M | | Liquidity pool | 10M | | Marketing | 2M | | Total | 62M | The two-year burn removes about 62M and offsets them. Two years is also the airdrop's full unlock period. So you can read the first two years as 50% to miners, 25% to validators and 25% to airdrop holders. Once the 62M is offset, all net supply comes from mining, and block rewards go only to miners and validators.