$C is the native token of our decentralized data network, designed to facilitate and incentivize various activities within the ecosystem. The tokenomics model aims to support a sustainable and secure network by aligning the incentives of all participants, ensuring the efficient operation of both the execution and consensus layers, and fostering ongoing development and usage of the network. $C serves as a utility token for coordinating data providers and consumers within the network, incentivizing protocol participants to effectively organize data.
By using our network, users can easily access data, paying only for the specific information they need. Our network plays a crucial role in making blockchain data more accessible and facilitating its exchange.
The reward structure of $C is designed to incentivize network participation and ensure the growth and sustainability of the ecosystem. Rewards are primarily distributed through:
Data developers create Manuscripts for processing blockchain data, and the resulting datasets can be queried and used. These query operations require the payment of $C fees.
Data developers pay a certain amount of $C to the network when querying datasets, which covers the costs of data retrieval and serves as a reward for network resource providers (such as Operators and Validators), ensuring they continue to provide high-quality services.
Distribution:
A total of 15% of the $C token supply will be allocated over 6 years, with 2% unlocked annually. This is to incentivize Operators to provide reliable and diverse computing resources, supporting the network in achieving large-scale data processing.
Distribution:
Provided to help bootstrap the Network (-2% Annual Inflation)
Distribution:
Operators play a crucial role in the network by providing the necessary computing resources for the execution layer, ensuring that data processing tasks run smoothly.
Validators play a critical role in maintaining network security and consensus. They are responsible for verifying transactions, ensuring data integrity, and maintaining network stability.
Data developers are responsible for contributing code for data transformation, making datasets available within the network, and querying dataset results.
Delegators enhance the network’s economic security by staking tokens to Validators and Operators.
Ensuring the long-term value and stability of $C is crucial for the success of the network. We have implemented several mechanisms to prevent inflation and maintain the utility of the token:
By integrating these elements, the $C tokenomics model aims to create a balanced and sustainable ecosystem that fairly rewards all participants and promotes the long-term success of our decentralized data network.
$C is the native token of our decentralized data network, designed to facilitate and incentivize various activities within the ecosystem. The tokenomics model aims to support a sustainable and secure network by aligning the incentives of all participants, ensuring the efficient operation of both the execution and consensus layers, and fostering ongoing development and usage of the network. $C serves as a utility token for coordinating data providers and consumers within the network, incentivizing protocol participants to effectively organize data.
By using our network, users can easily access data, paying only for the specific information they need. Our network plays a crucial role in making blockchain data more accessible and facilitating its exchange.
The reward structure of $C is designed to incentivize network participation and ensure the growth and sustainability of the ecosystem. Rewards are primarily distributed through:
Data developers create Manuscripts for processing blockchain data, and the resulting datasets can be queried and used. These query operations require the payment of $C fees.
Data developers pay a certain amount of $C to the network when querying datasets, which covers the costs of data retrieval and serves as a reward for network resource providers (such as Operators and Validators), ensuring they continue to provide high-quality services.
Distribution:
A total of 15% of the $C token supply will be allocated over 6 years, with 2% unlocked annually. This is to incentivize Operators to provide reliable and diverse computing resources, supporting the network in achieving large-scale data processing.
Distribution:
Provided to help bootstrap the Network (-2% Annual Inflation)
Distribution:
Operators play a crucial role in the network by providing the necessary computing resources for the execution layer, ensuring that data processing tasks run smoothly.
Validators play a critical role in maintaining network security and consensus. They are responsible for verifying transactions, ensuring data integrity, and maintaining network stability.
Data developers are responsible for contributing code for data transformation, making datasets available within the network, and querying dataset results.
Delegators enhance the network’s economic security by staking tokens to Validators and Operators.
Ensuring the long-term value and stability of $C is crucial for the success of the network. We have implemented several mechanisms to prevent inflation and maintain the utility of the token:
By integrating these elements, the $C tokenomics model aims to create a balanced and sustainable ecosystem that fairly rewards all participants and promotes the long-term success of our decentralized data network.