3.2 KiB
3.2 KiB
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Token System
Our ecosystem uses a multi-currency system to ensure both stability for utility and opportunities for growth and investment.
Token Types
TFP (ThreeFold Point)
is same as TFT but only exists in the marketplace
- Definition: TFP is a TFT which only exists within the marketplace ecosystem for internal accounting and settlements.
- 1 TFP = 1 TFT
- TFP cannot be converted back to TFT until the market price of TFT exceeds the fixed conversion rate of CC to TFP (see below in swap section).
- in other words if on public markets the TFT is prices higher than 1 CC in USD value then you can convert back.
- Once the market price surpasses the fixed rate, users can return TFP to unlock their original TFT.
- When a user buys storage, compute, or bandwidth, they pay in CC, but the settlement to farmers is done in TFP.
- When users convert to TFP, their TFT is locked until they return TFP to unlock their TFT.
TFT (ThreeFold Token)
- Type: Tradable reserve asset
- Availability: Traded on public blockchains
- Characteristics: Price can be volatile, currently trading at artificially low prices
- Role: Market-facing asset and entry gateway into the ecosystem
- Supply: Scarce, capped at 1 billion maximum
- Not directly usable inside the marketplace, must be converted to TFP first
CC (Cloud Credit)
- Type: Stable utility token
- Peg: 1/1000 of a gram of gold (0.001g)
- Availability: Only circulates within the digital marketplace (non-tradable)
- Purpose: Primary medium of exchange for services within the ecosystem
- Generation: Minted when users enter with TFT or credit card, burned when exiting
Swaps
TFP to CC Swap (both directions)
- Function: Allows users to swap TFP for CC at a fixed rate, which either mints new CC or burns existing CC
- Acquisition: Users can acquire CC at a fixed rate of 1 CC for 2 TFP, until the market price of TFP surpasses this rate
- Open Question: maybe it should be 1 CC = 1 TFP? Lets use forum to decide.
USD to CC Swap (one way)
- Function: Allows users to purchase CC directly with USD via credit card
- Rate: Fixed rate of 1 CC = $0.128 (as of Oct 8, 2025, changes as the price of gold changes)
- Purpose: Provides an easy entry point for new users unfamiliar with TFT or cryptocurrencies
- USD Treasury: USD collected is held in a treasury to back the CC in circulation
Link to Revenue
- 80% of revenue goes to Farmers (as TFP)
- 10% of revenue is burned to reduce supply and maintain peg stability, burned TFT.
- 10% of revenue goes to ThreeFold Foundation for ecosystem development and maintenance
Why This System?
This multi-token architecture solves several critical problems:
- Price Stability: CC provides predictable pricing for services (pegged to gold)
- Market Opportunity: TFT remains tradable with upside potential
- Controlled Liquidity: Prevents sudden token dumps while maintaining fairness
- Sustainable Growth: Minting/burning mechanisms ensure backing and prevent inflation
- Operational Viability: farmers receive stable CC for planning while retaining TFT exposure options