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- Based on working minting_plan repository - Configured for threefold.info/economics deployment - Added ops documentation for server deployment - Updated baseUrl and URL configuration
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TFT Minting Transition Plan
Welcome to the TFT Minting Transition Plan community e-book. This document outlines the proposed changes to the ThreeFold Token (TFT) minting system and introduces a new liquidity framework designed to create sustainable value for all participants.
Purpose
This plan is a living document created to:
- Share the proposed token economics and liquidity mechanisms
- Acknowledge areas that still need refinement
- Invite community feedback and discussion
- Foster transparent collaboration on the future of ThreeFold's token system
What This Plan Covers
The transition plan introduces several interconnected concepts:
- Implementation Status & Roadmap: Current progress on marketplace features, infrastructure, and timeline
- Dual Token System: TFT as a tradable asset and Cloud Credits (CC) as a stable utility token
- Position-Based Liquidity Pools: A fair, time-weighted approach to rewarding contributors
- Dutch Auction Exit Mechanism: Controlled, sustainable liquidity with built-in protections
- Yin-Yang Currency Philosophy: Balancing market efficiency with community cooperation
- Node Economics & Pricing: Detailed specifications, income projections, and ThreeFold's capacity commitments
:::info Work in Progress This plan represents our current thinking but is not finalized. We are actively seeking community input to refine and improve these mechanisms. :::
Open Questions & Gaps
We acknowledge there are still important decisions to be made and gaps to fill. Your feedback on these issues is particularly valuable:
Key Areas We're Seeking Feedback On:
- Entry Price: Should the fixed TFT to CC conversion rate be $0.05 or $0.01 per TFT?
- Peg Currency: Should Cloud Credits be pegged to gold (1/1000 gram) or USD?
- Liquidity Pool Parameters:
- What should the maximum exit percentage per period be?
- What minimum discount is appropriate for Dutch auction exits?
- Gaming Prevention: Are there scenarios where the system could be exploited that we haven't addressed?
- Farmer Liquidity: What's the right balance between stability and operational liquidity for farmers?
- Migration Strategy: How should we transition from v3 to v4 in the fairest way possible?
- Exit Restrictions: When TFT market price is low, what exit rules best protect the system while serving farmers?
How to Provide Feedback
📢 We Need Your Input!
Your experience and perspective are valuable to making this plan work for everyone. Please join the discussion through any of these channels:
Main Discussion: Join the forum thread to share your thoughts and ask questions.
Community Call: We're scheduling a dedicated call to walk through this plan and gather your feedback. Join the call.
What Happens Next
- Community Review: We want your feedback on the concepts, parameters, and any concerns you have
- Refinement: Based on input, we'll update and clarify the plan
- Community Call: Interactive session to discuss and answer questions
- Finalization: Incorporate feedback and prepare for implementation
- Migration: Clear timeline and process for moving from v3 to v4
How to Read This Documentation
- Implementation & Roadmap: See what's happening now and what's coming soon
- Core Concepts: Understand the fundamental token and liquidity mechanisms
- Node Economics: Explore farmer income models, pricing, and capacity commitments
- Appendix: Meeting notes and detailed technical discussions for transparency
- Operations: Technical documentation for deployment and maintenance
:::tip Get Started Ready to dive in? Start with the Token System to understand the foundational architecture. :::
This is a community-driven initiative. Your participation helps shape the future of ThreeFold's token economics.