Tokenomic & Economic Theory
- Inflationary Supply
- Automated network token reward distribution
- Methods of release:
- Initial Token Generation Event - Public/Private Sales
- Inflation for stakers in the PoS system
- Community rewards, partnerships, and airdrops
- Allocation for incentivized testnet participants
The token has 4 main purposes:
- 1.Secure the network through Proof of Stake
- 2.Pay network fees to nodes operating Umbrella
- 3.Incentivize users who are providing value to the ecosystem
- 4.Used to vote on proposals in the UmbrellaDAO.
Last modified 6mo ago