Darwinia Economic Model

Internet of Tokens, Connected!

Cross-chain Tokens

ringRING
RING is the native token of Darwinia Network
Max Supply10,000,000,000
Circulating Supply510,856,219
Total Supply2,096,741,049
ktonKTON
KTON is a derivative commitment token of RING (Darwinia Network native token), which encourages long-term involvement.
Max SupplyNone
Circulating Supply41,201
Total Supply82,042

Darwinia cross-chain token bridge

token

Staking Model

The Darwinia Network will distribute RING as an incentive to the participants of Staking. The process of Staking can also be understood as the POS mining process, where the miner obtains Staking energy by pledging tokens for POS mining. According to complexity, Staking can be divided into basic and advanced versions.

Basic Model
staking
Advanced Model
staking

RING Inflation Model

After the Darwinia Network mainnet goes live, the total cap of the block reward is adjusted once a year. The total number of hard-cap for RING is 10 billion. The following figure shows the RING’s inflation model.

Total Supply
inflation
Annual Inflation Rate
inflation
Note: The block reward of year N is 1 - (99/100)^sqrt(N) of total remaining issuable

RING in Circulation

Main Sources of Circulating RING Supply

Community Airdrop (Ethereum & Tron)

Sold via Evolution Land Game as early-day funding mechanism (Ethereum & Tron)

1st Round of Private Sale (Ethereum)

circulation
RING is divided into three kinds of types: ERC20, TRC20 and Darwinia Network native RING before Genesis Generation

Revenue Model

model
Network Expense

Validators’ Incentive (Inflation)

Fishermen’s Incentive from Adversaries’ Slash (self-sustain)

model
Network Revenue

Cross-chain Asset Transfer Service Fee (per TX) as Revenue

Verification Game Slash Tax as Revenue

Revenue Pool is used to buy back RING and burn

Granted by Web3 Foundation
Copyright@2021 Darwinia Network
Substrate Builder Program
emailgithubMediumtwitter
telegramdiscordelementyoutube