info_tfgrid/collections/projectinca/tokens/inca.md
2024-04-26 12:53:37 -04:00

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## High Level Tokenomics INCA
There can never be more than 4 Billion INCA.
- 3 Billion for TFT holders (1 TFT buys 3 INCA)
- Will be sold uniquely to TFT Holders (the founders, creators and farmers of the current TFGrid)
- We expect to never fully get to this amount, each TFT converted to INCA gets burned (destroyed).
- Jan 1 2025, the price between INCA & TFT will be defined by the market by means of a liquidity pool.
- 0.5 Billion for expansion of farming capacity of the grid
- Farming rewards
- Can also be sold through partners e.g. SwissBorg (through INCA-G) and others...
- 0.3 Billion for community expansion
- Promotion of the TFGrid
- Creation of technology on top of the TFGrid
- Peer2peer promotion program
- 0.2 Billion for Depin ThreeFold Team with 24 months accelerated vesting
- 5 % of total
- It's for people who help to expand the Grid (starting now)
- A lot of it is to reward our partners to help launch the INCA Tokens & the TFGrid
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option = {
title: {
text: 'INCA Token',
subtext: 'Distribution',
left: 'center'
},
tooltip: {
trigger: 'item'
},
series: [
{
name: 'Distribution',
type: 'pie',
radius: '70%',
data: [
{ value: 3, name: 'TF Original Farmers' },
{ value: 0.5, name: 'Farming Rewards' },
{ value: 0.3, name: 'Community Expansion' },
{ value: 0.2, name: 'Team' },
],
emphasis: {
itemStyle: {
shadowBlur: 10,
shadowOffsetX: 0,
shadowColor: 'rgba(0, 0, 0, 0.5)'
}
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]
};
```
*Accelerated Vesting means: if INCA gets above 0.5 CHF per INCA (50%), the vesting accelerates in proportion to the percentage (e.g. 0.6 CHF per INCA = 60$ acceleration). At 1 CHF per INCA (100%) and more, the acceleration is 100%.*