User:Seeker/Abundance Token/Tokenomics
TOKENOMICS: Abundance Token (AT) Specification
Chronicle Location: `/CHRONICLE/SOP/TOKENOMICS.md` Status: ACTIVE DOCTRINE
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1. Token Identity
| Property | Value | |:---|:---| | Name | Abundance Token | | Symbol | AT | | Decimals | 2 (0.01 AT = 0.6 minutes of labor) | | Backing | 1 AT = 1 Hour of Validated Labor | | Network | OSE Federation Ledger (off-chain, append-only JSON) | | Future Bridge | BTC (Lightning), Ethereum (ERC-20), or Solana (SPL) |
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2. Supply Model
2.1 Minting (Inflation)
AT is minted when:
| Event | Rate | Validator | |:---|:---|:---| | Human Labor | 1 AT / hour | Oracle multi-sig (3/5) | | Machine Output | Variable (e.g., 0.1 AT / kWh) | Hardware Bridge sensor | | Quest Completion | Fixed bounty (e.g., 5 AT) | Quest issuer + Oracle | | Community Service | Discretionary | Village Council |
Daily Cap: No global cap. Inflation is tied to real production, not speculation.
2.2 Recirculation (The Circular Flow)
AT is never burned in standard transactions. To maintain abundance, value is recirculated into pools that ensure system longevity.
| Event | Recirculation Target | |:---|:---| | Internal services (e.g., Fab Lab) | 100% to Provider (Operator + Maintenance) | | Material usage | 100% to OSE Node Wallet (to restock materials) | | Infrastructure Fee (Tax) | 5-10% to OSE Node Wallet (Village Maintenance) | | Dispute resolution (slashing) | Redirected to OSE Node Wallet (Victim/Public Fund) |
The OSE Node Wallet: A multi-sig community fund used to purchase external resources (seeds, raw steel, energy) or to fund village-wide infrastructure upgrades.
Philosophical Rule: Every AT spent is an IOU for future contribution. Deleting AT is deleting human potential.
2.3 Circulating Supply
- Genesis: 0 AT (no pre-mine)
- Year 1 Target: 10,000 AT (100 contributors × 100 hours avg)
- Year 5 Target: 1,000,000 AT (1000+ contributors + machine output)
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3. Distribution
| Allocation | Percentage | Purpose | |:---|:---|:---| | Laborers | 80% | Direct mint for validated work | | Infrastructure Reserve | 10% | Village maintenance, emergency fund | | Development Fund | 5% | Core protocol development (The Ark) | | Seeder Bonus | 5% | Early contributors (first 50) |
No VC allocation. No team pre-mine. No insider advantage.
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4. Governance
4.1 Voting Power
- 1 AT = 1 Vote (for economic decisions)
- 1 Citizen = 1 Vote (for constitutional decisions)
4.2 Proposal Types
| Type | Quorum | Threshold | |:---|:---|:---| | Quest Creation | 1 Oracle | Approval | | Budget Allocation | 10% of supply | 51% | | Protocol Upgrade | 20% of supply | 66% | | Constitutional Amendment | 50% of citizens | 75% |
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5. Exchange Mechanics
5.1 Internal Exchange
- AT accepted for all village goods/services.
- Prices set by providers (free market within village).
- Example: Meal = 0.5 AT, Housing/month = 0 AT (covered by infrastructure).
5.2 External Exchange (Future)
| Phase | Mechanism | Target Rate | |:---|:---|:---| | OTC Desk | Manual swaps with trusted partners | 0.10 USD | | DEX Listing | Uniswap/Raydium liquidity pool | Market | | CEX Listing | Major exchange (long-term) | Market |
5.3 BTC Bridge (Priority)
- Goal: 1 AT ↔ X sats (satoshis)
- Mechanism: Lightning Network escrow contract
- Why BTC?: Hardest money, no counterparty risk, global liquidity
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6. Security Model
6.1 Validation
| Layer | Mechanism | |:---|:---| | Labor Proof | Photo/video upload, Oracle review | | Time Proof | GPS timestamp, device attestation | | Reputation | Decay function (unvalidated claims reduce trust) |
6.2 Anti-Sybil
- New wallets require invitation from existing citizen.
- First 10 mints require manual Oracle approval.
- Suspicious patterns flagged for council review.
6.3 Slashing
- Fraudulent mints: 100% AT balance forfeited.
- Repeated violations: Wallet banned from network.
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7. Roadmap to 1 AT = 1 USD
| Milestone | Trigger | Estimated Timeline | |:---|:---|:---| | Internal Circulation | 3+ villages using AT | Q2 2026 | | Export Product Launch | First sale for Fiat/BTC | Q4 2026 | | OTC Desk | Manual AT ↔ BTC swaps | Q1 2027 | | DEX Listing | Liquidity pool funded | Q3 2027 | | Parity | Market demand = 1 hour = $1 | 2028-2030 |
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8. Technical Implementation
8.1 Current (MVP)
- Ledger: `village_ledger_py.json` (append-only JSON)
- Minting: `/api/mint` endpoint with Oracle validation
- Viewing: `/api/ledger`, `/api/balance/<wallet>`
8.2 Future (Production)
- Ledger: DAG-based (see `/ledger/abundance-dag/`)
- Bridge: Lightning Network integration
- ZK Proofs: Private labor verification without exposing details
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9. Jules Delegation: AT-BTC Bridge
This is the coding task for Jules or another AI operative.
Mission: Build the AT ↔ BTC bridge using Lightning Network.
Scope:
- Research: LND, Core Lightning, or Eclair API
- Create: `core/lightning_bridge.py`
- Endpoints: `/api/exchange/quote`, `/api/exchange/swap`
- Tests: Mock Lightning payments, edge cases
See: `JULES_ONBOARDING.md` for setup.
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"Scarcity is a choice. We choose abundance."
Document Owner: Antigravity / EternalFlame Last Updated: 2026-01-03