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<h1> Decentralization </h1>
|
||||
|
||||
|
||||
|
||||
Decentralization, in our view, isn't solely about employing blockchain technology everywhere. Instead, we envision it as the culmination of a global community collaborating transparently, sharing everything they do, and actively seeking feedback. Our goal is to ensure that the platform we deploy operates in the most distributed and decentralized manner possible.
|
||||
|
||||
## V3.x
|
||||
|
||||
| Description | Good Enough (1) | Remark |
|
||||
| ---------------------------------------------------------- | --------------- | ----------------------------------------------------------------------------------------------------- |
|
||||
| TFNodes owned and invested by Independent Farmers | Yes | less than 5% owned by ThreeFold Cloud/Dubai |
|
||||
| open documentation & feedback | Yes | all opensource on github, anyone can contribute and give feedback.|
|
||||
| transparancy and input on any change to do with tokenomics | Yes | see the discussions on forum (3) and GEP's process |
|
||||
| transparancy about tokens, history | Yes | see github |
|
||||
| TFChain deployment | No | too few run the validator stack, we need more validators |
|
||||
| Code Development | No | +90% done by TFTech , we need more participants |
|
||||
| Funding For Tech Creation & TFGrid Promotion | No | +- all done by TFTech and TF Dubai , we need more participants to make this community owned |
|
||||
| input on testing cycle & collaboration | Yes | We have a testnet on which everyone can contribute |
|
||||
| quality and transparancy of code | Yes | all is on github (4), everyone can review, comment |
|
||||
| input on process & roadmap for code development | Yes | all is on github (4), everyone can review, comment |
|
||||
| tracking of available compute, storage, network capacity | Yes | all is tracked on blockchain TFChain (farming) |
|
||||
| tracking of used compute, storage, network capacity | Yes | all is tracked on blockchain TFChain (utilization) |
|
||||
| minting of tokens (farming) | Yes | code uses the information on blockchain and creates minting report |
|
||||
| verification of minting of tokens (farming) | Yes | minting reports checked by guardians (5) and hash kept on blockchain when doing the minting |
|
||||
| the actual minting | Yes | multisignature of guardians is needed to valudate the transactions, each minting links back to report |
|
||||
| its possible for super smart hackers to fake capacity | No | probably yes on non certified nodes, but not easy (6) |
|
||||
| are all components redundant and distributed enough | No | we need more TFGrid Validators |
|
||||
|
||||
|
||||
- (1) This is our subjective evaluation and should not be construed as a guarantee or commitment. We welcome any differing opinions or feedback.
|
||||
- (2) [Github TF Dubai](https://github.com/threefoldfoundation)
|
||||
- (3) [The forum](https://forum.threefold.io/)
|
||||
- (4) [Github TF9](https://github.com/threefoldtech), list of components see [here](https://github.com/threefoldtech/home/blob/master/wiki/components/components_overview.md)
|
||||
- (5) there are multiple Guardians to guide this process
|
||||
- (6) they would have to re-engineer how ZOS works and tells TFChain, but human chain = guardians can still see, we are planning to make this 100x more difficult in V4.0. If a hacker succeeds they would basically receive tokens which are not really earned. This is probably not possible on certified node, because of silicon route of trust with protected bios.
|
||||
|
||||
|
||||
## V4.x
|
||||
|
||||
Our next generation Grid has lots of improvements in relation to decentralization, see the specific document for 4.x
|
||||
|
||||
44
collections/projectinca/decentralization/decentralization.md
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collections/projectinca/decentralization/decentralization.md
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|
||||
<h1> Decentralization </h1>
|
||||
|
||||
|
||||
|
||||
Decentralization, in our view, isn't solely about employing blockchain technology everywhere. Instead, we envision it as the culmination of a global community collaborating transparently, sharing everything they do, and actively seeking feedback. Our goal is to ensure that the platform we deploy operates in the most distributed and decentralized manner possible.
|
||||
|
||||
## TFGrid V3.x
|
||||
|
||||
The following is our own subjective evaluation for the TFGrid V3 and should not be construed as a guarantee or commitment. We welcome any differing opinions or feedback.
|
||||
|
||||
| Description | Good Enough | Remark |
|
||||
| ---------------------------------------------------------- | --------------- | ----------------------------------------------------------------------------------------------------- |
|
||||
| TFNodes owned and invested by Independent Farmers | Yes | Less than 5% owned by ThreeFold Cloud/Dubai |
|
||||
| Open documentation & feedback | Yes | All open-source on GitHub, anyone can contribute and give feedback.|
|
||||
| Transparancy and input on any change to do with tokenomics | Yes | See the discussions on the ThreeFold Forum (2) and the GEP process |
|
||||
| Transparancy about tokens, history | Yes | See GitHub organizations (1) (3) |
|
||||
| TFChain deployment | No | Too few run the validator stack, we need more validators |
|
||||
| Code Development | No | +90% done by TFTech: we need more participants |
|
||||
| Funding For Tech Creation & TFGrid Promotion | No | More or less all done by TFTech and TF Dubai: we need more participants to make this community owned |
|
||||
| Input on testing cycle & collaboration | Yes | We have a testnet on which everyone can contribute |
|
||||
| Quality and transparancy of code | Yes | All is on GitHub (3): everyone can review and comment |
|
||||
| Input on process & roadmap for code development | Yes | All is on GitHub (3): everyone can review and comment |
|
||||
| Tracking of available compute, storage, network capacity | Yes | All is tracked on the blockchain TFChain (farming) |
|
||||
| Tracking of used compute, storage, network capacity | Yes | All is tracked on the blockchain TFChain (utilization) |
|
||||
| Minting of tokens (farming) | Yes | Code uses the information on blockchain and creates minting report |
|
||||
| Verification of minting of tokens (farming) | Yes | Minting reports checked by Guardians (4) and hash kept on blockchain when doing the minting |
|
||||
| The actual minting | Yes | Multisignature of Guardians is needed to valudate the transactions, each minting links back to report |
|
||||
| It's possible for super smart hackers to fake capacity | No | Probably yes on non-certified nodes, but it's not easy (5) |
|
||||
| All components redundant and distributed enough | No | We need more TFGrid Validators |
|
||||
|
||||
|
||||
### Notes
|
||||
|
||||
- (1) [Github TF Dubai](https://github.com/threefoldfoundation)
|
||||
- (2) [ThreeFold Forum](https://forum.threefold.io/)
|
||||
- (3) [Github TF9](https://github.com/threefoldtech). For the list of components, see [here](https://github.com/threefoldtech/home/blob/master/wiki/components/components_overview.md)
|
||||
- (4) There are multiple Guardians to guide this process
|
||||
- (5) They would have to re-engineer how ZOS works and tells TFChain, but human chain (i.e. Guardians) can still see. We are planning to make this 100x more difficult in V4.0. If a hacker succeeds, they would basically receive tokens which are not really earned. This is probably not possible on certified node, because of silicon route of trust with protected BIOS.
|
||||
|
||||
|
||||
## TFGrid V4.x
|
||||
|
||||
Our next generation Grid has lots of improvements in relation to decentralization. [See the specific document for TFGrid V4.x](decentralization4.md).
|
||||
@@ -1,8 +1,41 @@
|
||||
|
||||
!!wiki.include page:'intro0.md'
|
||||
|
||||
## Ebook Main Content
|
||||
|
||||
This ebook covers the following content:
|
||||
|
||||
* **Tokenomics**
|
||||
+ In this section, we explain the liquidity strategy as well as the distribution of the token INCA.
|
||||
+ Detailed information on how tokens are distributed and used within the ThreeFold ecosystem.
|
||||
* **Decentralization**
|
||||
+ In this section, we explore ThreeFold's vision and implementation of a truly decentralized ecosystem.
|
||||
+ Learn about our approach to decentralization and how it benefits the community.
|
||||
* **Blockchain**
|
||||
+ This section covers the flexibility and capabilities of our blockchain, including its ability to run complex smart contracts.
|
||||
+ Discover how our blockchain can interact with multiple blockchains at once, ensuring seamless transactions and strong consensus mechanisms.
|
||||
* **Technology**
|
||||
+ The Technology book offers a complete and coherent vision of the tech we've built over the years.
|
||||
+ Our project encompasses different ventures and innovations that culminate into the wholesome ThreeFold Grid and its resilient ecosystem.
|
||||
* **Project Info**
|
||||
+ This section offers an overview of the ThreeFold Project since its incubation.
|
||||
+ Get acquainted with our journey, milestones, and achievements.
|
||||
* **Marketplace**
|
||||
+ This sections provide information on the Marketplace. ThreeFold is proud to develop a marketplace to enable commercial projects on its 4th generation of the ThreeFold Grid.
|
||||
+ Discover the opportunities and benefits of using our marketplace for your business needs.
|
||||
* **Farming**
|
||||
+ Any person or company can offer capacity to the grid and earn rewards by doing so.
|
||||
+ Learn about how you can contribute to the ThreeFold ecosystem and receive rewards in return.
|
||||
* **Grants**
|
||||
+ This section covers how our token distribution enables grants to the community to ensure sound development and active community work.
|
||||
+ Find out how we support community-led initiatives and foster innovation within the ThreeFold ecosystem.
|
||||
* **Grid Utilization**
|
||||
+ The grid is now in its 4th phase and it has built over the years strong relationships and use cases.
|
||||
+ Explore our growth trajectory, achievements, and future plans for the ThreeFold Grid.
|
||||
* **Internal Wiki**
|
||||
+ Our project is completely open-source and you can consult our Internal Wiki to collaborate and learn more.
|
||||
+ Access our community-driven resources and contribute your expertise to help shape the ThreeFold ecosystem.
|
||||
|
||||
## Learn More
|
||||
|
||||
Read this ebook to learn more about the project and how you can participate to this phase.
|
||||
|
||||
|
||||
Read this ebook to learn more about the project and how you can participate to this phase.
|
||||
@@ -1,7 +1,16 @@
|
||||
|
||||
# Compute is currency of future
|
||||
# Compute is the Currency of the Future
|
||||
|
||||
|
||||
|
||||
## A New Phase for ThreeFold
|
||||
|
||||
> TODO: explain how our marketcap and liquidity is too low in relation to the potential
|
||||
For years, ThreeFold has been quietly and steadily developing its revolutionary technology on mainnet, with a solid foundation of mature infrastructure that is now ready to take the next leap forward. As we embark on an exciting new phase in our journey, it's essential to understand why this technological milestone presents a tremendous opportunity for growth and expansion.
|
||||
|
||||
ThreeFold has spent years perfecting its innovative technology, laying the groundwork for a decentralized internet that is accessible to all. However, despite these significant advancements, our market capitalization and liquidity have remained relatively low compared to the immense potential of our platform.
|
||||
|
||||
We are now entering a new phase of the ThreeFold Grid with the Grid 4.0 and Project INCA. As we transition into this next phase, we're enabling commercial entities to seamlessly build on the grid. This phase has the aim to unlock unprecedented growth opportunities for ThreeFold stakeholders.
|
||||
|
||||
Our ambitious vision for Grid 4.0 represents a harmonious convergence of cutting-edge technologies: a quantum-safe network and storage infrastructure that ensures the integrity of sensitive data; a decentralized platform that empowers anyone to become their own cloud service provider, breaking free from centralized monopolies; and a robust base layer for web 2, 3, and DePIN (Decentralized Internet of People) that fosters seamless interaction between diverse networks. By integrating these components, ThreeFold's Grid 4.0 creates a secure, inclusive, and highly scalable internet ecosystem that truly reflects the needs of a global community.
|
||||
|
||||
As you delve deeper into this ebook, you'll gain a profound understanding of ThreeFold's vision, technology, and the vast potential waiting to be unlocked. We invite you to join us on this exciting journey as we push beyond the boundaries of what's possible with Grid 4.0 and Project INCA.
|
||||
@@ -5,11 +5,11 @@
|
||||
|
||||
## Liquidity Pool
|
||||
|
||||
We expect our Liquidity Pool to be a very efficient mechanism to reward people to provide liquidity to our ecosystem. Read more in our [Liquidity Pool Document](liquidity_pool.md)
|
||||
We expect our Liquidity Pool to be a very efficient mechanism to reward people to provide liquidity to our ecosystem as explained [here](liquidity_pool.md).
|
||||
|
||||
## Solana
|
||||
|
||||
The ThreeFold v4 token called INCA will probably be released on Solana blockchain and this might provide us access to large liquidity pools.
|
||||
The ThreeFold v4 token called INCA will probably be released on the Solana blockchain and this should provide us access to large liquidity pools.
|
||||
|
||||
## Exchanges
|
||||
|
||||
@@ -21,12 +21,12 @@ ThreeFold is planning to work with professional marketmakers.
|
||||
|
||||
## MultiChain
|
||||
|
||||
ThreeFold would love to have bridges between our main chosen chain and many other chains, making it super easy for our community to use our tokens on multiple chains. INCA represents compute, storage and network capacity, we believe this type of currency is a currency of the future.
|
||||
ThreeFold would love to have bridges between our main chosen chain and many other chains, making it super easy for our community to use our tokens on multiple chains. INCA represents compute, storage and network capacity. We believe this type of currency is a currency of the future.
|
||||
|
||||
## DEXes
|
||||
|
||||
ThreeFold will partner with many DEX'es and make our token available where possible.
|
||||
We are on the Stellar DEX today, unfortunatelly there is low liquidity.
|
||||
We are currently on the Stellar DEX, but unfortunatelly there is low liquidity.
|
||||
|
||||
## THORChain
|
||||
|
||||
|
||||
@@ -3,69 +3,68 @@
|
||||
|
||||
# ThreeFold Liquidity Pool
|
||||
|
||||
The Threefold Liquidity Pool Concept represents a significant advancement over traditional liquidity pools, particularly those known as Automatic Market Makers (AMMs). This system is designed to offer a more sophisticated and transparent approach to our token liquidity management, with several unique features:
|
||||
The Threefold Liquidity Pool concept represents a significant advancement over traditional liquidity pools, particularly those known as Automatic Market Makers (AMMs). This system is designed to offer a more sophisticated and transparent approach to our token liquidity management, with several unique features:
|
||||
|
||||
Advanced Digital Accounting System:
|
||||
**Advanced Digital Accounting System**
|
||||
|
||||
- Unlike typical AMMs, the ThreeFold Liquidity Pool incorporates a full digital accounting system secured by blockchain technology.
|
||||
- This ensures that all transactions are accurately recorded and transparently reflected in the accounts of all participants.
|
||||
|
||||
GOLD-Centric Pairs:
|
||||
**GOLD-Centric Pairs**
|
||||
|
||||
- Our liquidity pool pair GOLD with either a INCA or a FIAT currency (e.g., CHF, EUR).
|
||||
- Our liquidity pool pair GOLD with either INCA or a FIAT currency (e.g., CHF, EUR).
|
||||
- This approach ensures that GOLD remains a central and stable element in all transactions, providing a reliable store of value and reducing volatility.
|
||||
|
||||
Transparent Pool Rules:
|
||||
**Transparent Pool Rules**
|
||||
|
||||
- The rules governing each pool are fully transparent and accessible to all participants.
|
||||
- These include the distribution percentages between GOLD and INCA, the spread, and other key parameters.
|
||||
- This transparency helps maintain trust and fairness within the ecosystem.
|
||||
|
||||
Private, Registered Participants:
|
||||
**Private, Registered Participants**
|
||||
|
||||
- Each participant in a pool is registered with a private record that details their holdings (e.g., Mr. X has 100 gram of Gold and 10,000 TFT).
|
||||
- This system ensures that transactions are securely tracked and that each participant's share of the pool is accurately accounted for.
|
||||
|
||||
Reflective Transaction Mechanism:
|
||||
**Reflective Transaction Mechanism**
|
||||
|
||||
- For every transaction within the pool, participants’ accounts are adjusted accordingly.
|
||||
- For example, if 1m of TFT is sold for gold and Mr. X holds 5% of the TFT pool, his account is updated to reflect a 5% reduction in TFT and a corresponding increase in his gold holdings, adjusted by the transaction spread (the margin).
|
||||
- For example, if 1M of TFT is sold for gold and Mr. X holds 5% of the TFT pool, his account is updated to reflect a 5% reduction in TFT and a corresponding increase in his gold holdings, adjusted by the transaction spread (the margin).
|
||||
|
||||
Optional Lockup Rules:
|
||||
**Optional Lockup Rules**
|
||||
|
||||
- Pools can optionally include lockup periods during which participants cannot withdraw their assets.
|
||||
- These periods can be linked to value acceleration mechanisms, incentivizing long-term participation and protecting against market manipulation, such as front-running.
|
||||
|
||||
Customizable Price Limits:
|
||||
**Customizable Price Limits**
|
||||
|
||||
- Participants can set minimum selling prices or maximum buying prices for their assets TFT or INCA.
|
||||
- These settings can remain private unless the pool's rules require public aggregation.
|
||||
- If no specific price is set, default values established by pool administrators are applied.
|
||||
|
||||
Aggregate Transaction Statistics:
|
||||
**Aggregate Transaction Statistics**
|
||||
|
||||
- The system provides aggregated daily statistics on transactions, offering participants insights without compromising privacy.
|
||||
- This information includes the default buy/sell prices, helping guide market activity while ensuring that individual transactions remain confidential.
|
||||
|
||||
Fair and Transparent Participation:
|
||||
**Fair and Transparent Participation**
|
||||
|
||||
- The system is designed to be fair and transparent, adjusting each participant's position in the pool relative to their entry time and participation level.
|
||||
- This dynamic adjustment over time ensures that the system remains equitable and reflective of each participant’s contribution.
|
||||
|
||||
Liquidity Optimization:
|
||||
**Liquidity Optimization**
|
||||
|
||||
- While the system rewards liquidity providers and maximizes liquidity availability, it does not guarantee it.
|
||||
- In cases where liquidity is insufficient, participants cannot execute trades until liquidity returns.
|
||||
- However, they can still place requests in the pool, ensuring that their needs are met over time as liquidity improves.
|
||||
|
||||
Participation in Liquidity Pool Defines the Discount on the TFGrid
|
||||
**Participation in Liquidity Pool Defines the Discount on the TFGrid**
|
||||
|
||||
- The pricing engine for the marketplace will use the position of the user in the Liquidity Pool to define discount level, this means the more someone is vested in the ecosystem the more the discount will be.
|
||||
|
||||
|
||||
### Link To Digital Asset Exchange in OurWorld Digital FreeZone
|
||||
|
||||
The mother company of ThreeFold is a holding company called OurWorld.
|
||||
|
||||
OurWorld also owns a Digital Freezone in which a lot of digital assets will be traded, the above described Liquidity Pool concept comes from there and ThreeFold (INCA) is one of the tokens traded on the OurWorld Digital Exchange.
|
||||
OurWorld also owns a Digital Freezone in which a lot of digital assets will be traded. The Liquidity Pool concept described above comes from there and ThreeFold (INCA) is one of the tokens traded on the OurWorld Digital Exchange.
|
||||
|
||||
|
||||
33
collections/projectinca/questions/questions.md
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33
collections/projectinca/questions/questions.md
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|
||||
|
||||
# questions
|
||||
|
||||
## rebrand or not
|
||||
|
||||
- has huge implications on tokenomics, go2market...
|
||||
|
||||
|
||||
## the core story
|
||||
|
||||
current story [see also our slides aug](https://docs.google.com/presentation/d/1-7roBeBearpZqeJIkG07IVcgpcKLdj15Vh16N9K7WNo/edit#slide=id.g2efb75dd4b2_0_14)
|
||||
|
||||
- More than ½ of the world doesn’t have its own Internet, we bring it everywhere thanks to cloud
|
||||
|
||||
|
||||
### sub positioning
|
||||
|
||||
- super tech = most advanced decentralized cloud for everyone by everyone
|
||||
- future of the internet, put mycelium more to front line
|
||||
|
||||
|
||||
### what didn't work so well
|
||||
|
||||
- layer 0 for depin (had no good traction here)
|
||||
|
||||
### what could also be possible maybe more if we rebrand
|
||||
|
||||
- ACI = augmented collective intelligence as alternative to AGI (early but great response)
|
||||
- toolbox for network states
|
||||
|
||||
## which blockchain to launch on
|
||||
|
||||
- solana still nr 1 but there are some contenders which are also willing to invest
|
||||
41
collections/projectinca/questions/status.md
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41
collections/projectinca/questions/status.md
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|
||||
|
||||
## status
|
||||
|
||||
> status, factfinding over summer
|
||||
|
||||
### results
|
||||
|
||||
- good success rate
|
||||
- some serious potential partnerships
|
||||
- the serious investors not interesting in hype & pump/dump
|
||||
|
||||
### what works best
|
||||
|
||||
- the tech, we survived some good DD's, some went very deep, everyone who looks deeper agrees there us no-one close
|
||||
- the traction we have with telco, governments, some big partners, ...
|
||||
- structure of tech company vs opensource depin, very good
|
||||
- link to freezone is important for some
|
||||
- the experience online is good enough, manuals good enough
|
||||
|
||||
### what are we still working on, but almost done
|
||||
|
||||
- new version of website: https://dev.threefold.io/
|
||||
- super simple verison of manual we are learning from https://docs.aethir.com/
|
||||
- tokenomics getting very close, cannot sign off on it yet, also want to have lead investor
|
||||
- easier manual for quantum safe storage
|
||||
|
||||
### what is done
|
||||
|
||||
- roadmap
|
||||
- multi blockchain, governance, decentralization, ...
|
||||
- liquidity pool (innovative)
|
||||
- generator tokens = INCAG - also good for vesting
|
||||
- will do token offering for deploying nodes (INCAG)
|
||||
|
||||
### what works against us
|
||||
|
||||
- history of token, the low price and long duration of low price is not good
|
||||
- we don't communicate well
|
||||
|
||||
|
||||
|
||||
@@ -5,3 +5,4 @@
|
||||
|
||||
> TODO: we need to udpate our issues and track our work
|
||||
|
||||
|
||||
|
||||
@@ -1,6 +1,10 @@
|
||||
|
||||
# Tokenomics
|
||||
|
||||
The ThreeFold Tokenomics framework for Grid 4.0 and Project INCA has been designed to promote a thriving ecosystem of cloud users, farmers, and validators. It presents a robust liquidity strategy that ensures seamless transfers and secure transactions within our cloud marketplace. Furthermore, by allocating 40 million tokens for farming grants, we're empowering individuals and organizations to contribute to the grid's growth and development.
|
||||
|
||||
Our proof-of-utilization rewards system distributes 80% of rewards to farmers who contribute their resources to the grid, ensuring that they're fairly compensated for their participation. Additionally, 10% of rewards are allocated to the ThreeFold Cooperative and 10% to validator commercial partners, promoting a collaborative and mutually beneficial ecosystem. 100% of the proof-of-capacity rewards go to the farmers hosting nodes on the grid.
|
||||
|
||||
```mermaid
|
||||
flowchart TD
|
||||
A[Cloud User] -->|CHF/EUR/...| B(CLOUD MARKET PLACE<br>Discount based on position<br>in TF Liquidity Pool.)
|
||||
@@ -19,6 +23,11 @@ flowchart TD
|
||||
|
||||
## Distribution
|
||||
|
||||
The ThreeFold token distribution plan for Grid 4.0 and Project INCA is carefully crafted to ensure a major allocation to the community, with 70% of tokens committed to community-centric initiatives. This includes 55% for supply and farming, 7.5% for community expansion rewards and promotion, and 7.5% for community grants. Additionally, smaller allocations will be made to liquidity providers (3.8%), ThreeFold Dubai Holdings (2.5%), investors (11.3%), and the team and contributors (12.5%).
|
||||
|
||||
By prioritizing community growth, we're creating a collaborative environment where everyone can benefit from their contributions and participate in the project's success. This balanced distribution ensures that a significant amount of tokens is dedicated to the community, creating opportunities for growth and development within our ecosystem.
|
||||
|
||||
|
||||
```echarts
|
||||
option = {
|
||||
title: {
|
||||
@@ -76,18 +85,21 @@ There can never be more than 4 Billion Tokens.
|
||||
|
||||
## Release Schedule
|
||||
|
||||
|
||||
The ThreeFold token release schedule is designed to balance the needs of different stakeholders, ensuring that everyone has access to their allocated tokens in a predictable and reliable manner.
|
||||
|
||||
- Investors release over 2 years, in equal tranches.
|
||||
- Farmer rewards are released over 3 years.
|
||||
- Ecosystem rewards over 4 years
|
||||
Investors will receive their tokens over two years, with equal tranches released at regular intervals. Farmer rewards will be released over three years, incentivizing contributors to continue building and growing the grid. Ecosystem rewards will follow a similar schedule, with token releases spanning four years to promote collaboration and participation within the community.
|
||||
|
||||
By releasing tokens in this predictable manner, we're creating an environment where everyone can contribute and benefit from their participation in Grid 4.0 and Project INCA.
|
||||
|
||||
|
||||
|
||||
This leads to following maximum unlocking table
|
||||
|
||||
|
||||
|
||||
The vesting accelerates if the token price gets above 0.5 USD, for each 0.1 USD above additional 10% unlocks into the INCA Liquidity pool.
|
||||
Thanks to the liquidity pool the price remains stable even if people decide to chose the option to unvest faster.
|
||||
|
||||
Thanks to the liquidity pool, the price remains stable even if people decide to chose the option to unvest faster.
|
||||
|
||||
## TFT to INCA
|
||||
|
||||
@@ -96,11 +108,12 @@ TFT holders can go to INCA based on following rules
|
||||
- There is 1-1 relationship between TFT and INCA
|
||||
- TFT can only go to INCA not back.
|
||||
- There is vesting implemented over 2 years
|
||||
- X TFT becomes an INCAG with following properties
|
||||
- X INCA, to be minted over 2 years, equal parts per month
|
||||
- acelleration unlock rules are:
|
||||
- 10% when INCA token hits 0.5 USD longer than 1 month avg out
|
||||
- 10% when INCA token hits 0.6 USD longer than 1 month avg out
|
||||
- goes on, 10% per 0.1 USD higher price
|
||||
- TFT becomes INCAG token where the INCAG token has the following properties:
|
||||
- INCAG gives a given amount of INCA to be minted over 2 years
|
||||
- The distribution is of equal parts per month
|
||||
- The acceleration unlock rules are:
|
||||
- 10% when INCA token hits 0.5 USD longer than 1 month avg out
|
||||
- 10% when INCA token hits 0.6 USD longer than 1 month avg out
|
||||
- This logic goes on 10% for each additional 0.1 USD increase until it reaches 100%
|
||||
|
||||
More details see [INCA Generator, is like an NFT generating INCA over time](incag.md) token
|
||||
For more, plese refer to [this section](incag.md) where we explain that the INCA Generator token is like an NFT generating INCA over time.
|
||||
Reference in New Issue
Block a user