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  • Welcome to the Gnodi Blockchain Information Center
  • Documentation
    • The Constitution
      • Article I: Principles & Values
      • Article II: Governance Structure
      • Article III: Roles & Responsibilities
      • Article IV: Decision-Making Process
      • Article V: Financial Management
      • Article VI: Dispute Resolution
      • Article VII: Amendments
      • Blockchain
      • Tokenomics
      • Gnodi Delphis
    • Gnodi White Paper
      • 1. Mission
      • 2. The Problem
      • 3. The Gnodi Solution
      • 4. Tokenomics
      • 5. Year One: Daily Distribution
      • 6. Other Advances With Gnodi Blockchain Technology
      • 7. Roadmap
      • Conclusion
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On this page
  • Tokenomics Overview
  • Daily Distribution Mechanism
  • Proof-of-Impact Protocol
  • Long-Term Sustainability
  1. Documentation
  2. The Constitution

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.

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Last updated 1 month ago