Tokenomics

The Gnodi Blockchain’s tokenomics incentivize participation, ensure fair distribution, and maintain a sustainable economic model. This section explains the daily distribution mechanism, tokenomics, and principles governing the Gnodi native utility token.

Tokenomics Overview

1. Total Supply:

• The Gnodi Blockchain caps its supply at 35 billion Gnodi tokens (GPT), ensuring scarcity and potential value appreciation.

1. Initial Distribution:

• At the genesis block, the network distributes 50% of the total supply (17.5 billion GPT) within the first year to incentivize early participation and drive ecosystem growth.

1. Halving Schedule:

• The Gnodi Blockchain follows a halving schedule where token distribution halves annually on the genesis block's anniversary, inspired by Bitcoin but adapted for Gnodi’s needs. This mechanism slows token inflation, ensuring long-term sustainability and value appreciation.

Daily Distribution Mechanism

The daily distribution mechanism rewards active participation and contributions to the network. Here’s how it works:

1. Distribution Pool:

• In the first year, the distribution pool starts with 17.5 billion GPT, spread evenly over 365 days. Each subsequent year, the pool halves, reducing daily distribution amounts.

1. Daily Allocation:

• In the first year, 47,945,205 million GPT tokens are distributed daily. After each halving, this daily allocation decreases in line with the reduced annual pool.

1. Distribution Criteria:

• Gnodi distributes tokens based on criteria that assess network participants' contributions, including:

• • Node Operation: Active operation of both Layer One Validators and Layer Two Delphi Nodes.

  • Application Interaction: Contributions to Delphi applications through tasks like data validation.

  • User Activity: Transaction frequency, smart contract deployment, and governance participation.

  • Impact Assessment: Proof-of-Impact protocol validation of user contributions.

Proof-of-Impact Protocol

The Proof-of-Impact protocol validates user activity, contributing to daily distribution. Delphi Nodes verify this data, ensuring the tokens are distributed based on genuine contributions.

Long-Term Sustainability

The Gnodi Blockchain’s tokenomics promote sustainability through several principles:

1. Controlled Inflation:

• The halving schedule slows token inflation, ensuring scarcity and supporting value appreciation.

2. Incentive Alignment:

• The token distribution model incentivizes active participation, driving network growth and security.

1. Transparency and Predictability:

• The clear distribution and halving schedule ensure transparency, allowing participants to plan their activities confidently.

1. Adaptive Mechanisms:

• Gnodi’s governance allows the community to propose adjustments to the distribution model, ensuring flexibility.

This tokenomics model ensures fair distribution and sustainable growth for the Gnodi Blockchain ecosystem.