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kristof de spiegeleer 2024-03-21 10:16:36 +02:00
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![](img/cloudunits_abstract.jpg) ![](img/cloudunits_abstract.jpg)
## What are Cloud Units? ## What are Cloud Units?
Cloud units are the basis for price calculation for anyone intending to use/deploy on the Threefold Grid. Cloud units are the basis for price calculation for anyone intending to use/deploy on the Threefold Grid.
Cloud units are a unified way to account for virtual hardware resources on the ThreeFold Grid. They represent compute, storage and network equivalents to energy (kW - kilowatt). The are three categories of cloud units: Cloud units are a unified way to account for virtual hardware resources on the ThreeFold Grid. They represent compute, storage and network equivalents to energy (kW - kilowatt). The are three categories of cloud units:

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@ -10,13 +10,20 @@ ThreeFold Blockchain (TFChain) rewards farmers for providing Internet capacity a
## Proof-of-Capacity ## Proof-of-Capacity
The Proof-of-Capacity records Internet resources from the TFNode: ### 1. Proof-of-Capacity
!!!wiki.include:farming_reward_calculation The server/Node specs of the Farmers hardware:
* Compute Capacity (CPU)
* Memory Capacity (RAM)
* Storage Capacity (SSD/HDD)
The performance/capability of this hardware is attributed with cloudunits that then summarized to a CPR for the individual node. The higher the CPR, the more tokens are earned. Simply put, the more capable the hardware, the more TFTs are earned.
> See simulator in [https://dashboard.grid.tf/#/farms/simulator/](https://dashboard.grid.tf/#/farms/simulator/)
## More Info ## More Info
> DISCLAIMER: ThreeFold Dubai organizes this process. This process is the result of the execution of code written by open source developers (zero-os and minting code) and a group of people - who checks this process voluntarily. No claims can be made or damages asked for to any person or group related to ThreeFold Dubai like but not limited to the different councils. This process changes for TFGrid 3.X once the TFDAO is fully active. > DISCLAIMER: ThreeFold Dubai organizes this process. This process is the result of the execution of code written by open source developers (zero-os and minting code) and a group of people - who checks this process voluntarily. No claims can be made or damages asked for to any person or group related to ThreeFold Dubai like but not limited to the different councils. This process changes for TFGrid 3.X once the TFDAO is fully active.
!!wiki.def alias:'farming_reward,farming_reward3'

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# TFGrid Tokenomics
## TFGrid Tokenomics Upgrade
The tokenomics of any digital ecosystem plays a pivotal role in determining its sustainability, growth, and value proposition. In the case of ThreeFold, there are evident challenges with the current tokenomics model that necessitate an upgrade.
The current tokenomics model of ThreeFold doesn't fully reflect the platform's worth and potential. An upgrade is essential to rectify existing challenges, ensuring that the tokenomics aligns with the platform's growth trajectory and offers a fair representation of its value.
* Lack of Commercial Utilization:
* The present model doesn't sufficiently incentivize commercial utilization. This means that the tokens, instead of being used to facilitate transactions or access services within the ecosystem, are often liquidated.
* Selling Pressure from Farmers:
* The current dynamics have led to a scenario where ThreeFold farmers frequently sell their tokens. This consistent selling exerts downward pressure on the token's price, preventing it from realizing its true potential value.
* Undervalued Market Cap:
* The cumulative effect of these factors has resulted in a market capitalization for the liquid tokens that is significantly undervalued. With a market cap hovering around 5 million dollars, it starkly contrasts with the intrinsic value and potential of the ThreeFold ecosystem.
Future Optimism: Despite the current challenges, there's a strong belief in the imminent positive shift in the token's value. As ThreeFold gears up to launch more commercial workloads and with the anticipated funding for TF Cloud, there's an expectation of increased commercial utilization. This, in turn, can drive demand for the token, potentially boosting its price and aligning the market cap more closely with ThreeFold's true value.
We are working on some fundamental changes which will achieve the following
- We limit the amount of TFT which can ever be farmed to max 1 Billion TFT (as seen on Stellar).
- Situation: march 20 2024, there are about 60m more TFT to be farmed which is still a lot.
- Farmers will receive more reward based on Utilization
- P2P Billing and Payments will lead to using TFT for much more services, which will have positive impact as well.

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## INCA Pricing
- 1 INCA = 0.1 USD at start = 1 TFT at start
- Stays like this untill we have reliable 1-1 INCA/TFT on free market
- Then mutual credit system will define price
## INCA

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- end Q1, there will be no more tokens created because of farming
- INCA will be introduced as mutual credit system
- reserve pools INCA-TFT will be created
a picture shows how grid growns minting stops
> explain we are looking for DePIN community / partner to work with.