SixGPT Tokenomics
Token Address: 0x84F8dC1AdA73298281387e62616470F3dD5Df2F6 Supply: 100,000,000
| Allocation | Percentage | Notes |
|---|---|---|
| Miners | 40% | Halving Schedule |
| Airdrops | 13% | |
| Contributors | 22.5% | vested with 1 year cliff over 3 years, |
| Treasury | 15% | |
| Advisors | 2.50% | vested with 1 year cliff over 3 years |
| Liquidity | 7.00% | |
| Total | 100% |
Yearly Distributions
| Year | Year 1 | Year 2 | Year 3 | Year 4 |
|---|---|---|---|---|
| Mining | 20% | 10.0% | 5.00% | 5% |
Utility
The SixGPT token has the following utility:
- Validation: Holders of SIX are able to propose and vote on different implementations of the SixGPT validator.
- Synthetic Data: Holders of SIX are able to propose different sources of synthetic data to be evaluated. This drive's the protocol's future growth.
- Holders of SIX are able to get access to aggregated statistics on the collected dataset.
At genesis, SixGPT is responsible for the stewardship of the SIX token and treasury. Governance of the treasury will expand to other network stakeholders and contributors. Governance will progressively transition to community control, ensuring a fair and inclusive approach to managing the ecosystem.This will expand the scope of decision-making, allowing participants to help shape the network’s direction and manage key parameters, such as reward structures and emissions.