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

1.8 KiB

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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        { value: 3, name: 'TF Original Farmers' },
        { value: 0.5, name: 'Farming Rewards' },
        { value: 0.3, name: 'Community Expansion' },
        { value: 0.2, name: 'Team' },
      ],
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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%.