User:Seeker/Abundance Token/Tokenomics
Jump to navigation
Jump to search
Abundance Token Tokenomics
Core Philosophy: Quantum-Proof & Inflation-Resistant
Unlike fiat or speculative crypto, the Abundance Token (AT) supply is elastic but strictly tied to the "Gross Domestic Product" of the ecosystem's regenerative output.
Supply Mechanism
1. Minting (Creation)
- Trigger: Verified proof of added value.
- Process:
- Worker/Producer submits proof (e.g., time-log of labor, photo of machine built, sensor data of soil improvement).
- Validators (Human or Sensor) verify the claim.
- Smart Contract mints new AT equivalent to the agreed value.
- Formula: `New_Tokens = (Value_Added_in_Hours Base_Rate) Quality_Multiplier`
2. Burning (Destruction/Consumption)
- Trigger: Exchange for finite resources or services provided by the "Commons" (if applicable), or simply circulation within the closed loop.
- Sink: Tokens spent on "rent" for land use in the community or purchasing raw materials from the community store may be partially burned or recycled into a community treasury.
Circulation & Velocity
- Incentive to Spend: Demurrage (negative interest) may be applied to stagnant accounts to encourage circulation and discourage hoarding, ensuring the token acts as a medium of exchange, not just a store of value.
- Local Multiplier: Designed to circulate locally 10x before leaving the ecosystem.
Value Anchors
- Labor Hour: 1 AT ≈ 1 Hour of Basic Labor (adjustable for skill level).
- Energy: 1 AT ≈ X kWh of renewable energy produced.
- Food: 1 AT ≈ X Calories of organic produce.
Anti-Speculation Measures
- Non-Transferable Reputation: While tokens are transferable, the "Reputation Score" earned by earning them is not. High reputation grants governance weight.
- Vesting Periods: Large minting events for infrastructure projects may have vesting periods to prevent market flooding.