4. Tokenomics
The Gnodi native token (GNO) serves as the lifeblood of the Gnodi Blockchain, acting as the native currency that powers all transactions, governance activities, and incentive structures within the decentralized ecosystem. Designed with a focus on fostering a fair and transparent digital economy, the GNO token plays a critical role in aligning the interests of all participants— whether they are users, developers, or validators. The tokenomics of Gnodi are meticulously crafted to ensure that value is distributed equitably, participation is encouraged, and the platform remains resilient and adaptable as it grows.
The tokenomics of GNO are meticulously crafted to balance the needs of the blockchain with the long-term sustainability of the platform. The maximum supply of GNO is capped at 35 billion tokens, with an initial distribution of 17.5 billion in the first year. To manage inflation and maintain the token’s value over time, a halving mechanism is implemented on the anniversary of the genesis block each year. This halving continues until 100% of the total supply is in circulation, creating a predictable and controlled supply schedule that mirrors the scarcity principles seen in other successful blockchain projects.
This controlled distribution model is designed to encourage early participation while ensuring that the GNO token remains valuable and desirable as the platform grows. By gradually releasing the total supply over time, Gnodi prevents sudden market saturation, which could negatively impact the GNO token’s value. Instead, the halving mechanism rewards long-term holders and participants, incentivizing them to remain engaged with the platform as it evolves.
4.1 Token Utility
GNO tokens facilitate a wide range of transactions and functions, including payments, data sharing, staking (see section 5), and access to services. Whether it’s a business paying for Delphi data, a user purchasing digital goods, or a developer accessing blockchain resources, GNO tokens are the currency that powers these interactions.
The use of a native token streamlines transactions, reduces friction, and ensures that value remains within the decentralized ecosystem. By using GNO for transactions, participants benefit from lower fees, faster settlement times, and a more efficient economic model.
Users that benefit from the Gnodi Blockchain by using it to power apps, process transactions, purchase digital goods, etc. pay a small transaction fee from their supply of GNO tokens. These transaction fees are recycled back into the Gnodi decentralized ecosystem and distributed back to both node owners and users, ensuring the maintenance and incentive structure of the blockchain. The distribution of transaction fees is done at the same ratio as the Daily Distribution schedule, as shown in 7.2 (Node Owners: 40%, Active Delphi App Node Users: 40%, All Nodes: 20%) .
4.2 Daily Distribution of GNO Tokens
Oracle Full Node Operators (40%):
Oracle Full Node Operators are essential to the operation of the Gnodi Blockchain. They ensure the accuracy and reliability of data that flows into the blockchain from external sources. To incentivize their critical role, 40% of the daily distributed GNO tokens are allocated to these operators. This allocation ensures that those who maintain and secure the network’s data integrity are fairly compensated for their efforts.
Active Oracle AppNode Users (40%):
An allocation of 40% of the daily distributed GNO tokens are allocated to active users of Oracle AppNodes—applications that interact with the Gnodi Blockchain by providing or consuming data from Oracles. This allocation is designed to incentivize user participation and engagement within the decentralized ecosystem.
All Nodes (20%):
The remaining 20% of the daily distributed GNO tokens are allocated to all nodes within the Gnodi Blockchain. This includes both Oracle Full Nodes and other network participants who contribute to the overall security and functionality of the blockchain. This allocation ensures that all network participants, regardless of their specific role, are rewarded for their contributions to the decentralized ecosystem.
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