Tokenomics

Initial Supply

As a real-world facing protocol, Domin needs diverse supports from all aspects of applications, DApps, platforms, providers etc.

To support the open infrastructure and its ecosystem long term, we design a initial allocation of total 1 billion (1,000,000,000) $DOMIN.

To warm-start the network by reputable and trustworthy members, we allocate 40% of the tokens to early builders and supporters, providing vital resources and contributions to the community. Most of the allocation is subject to a vesting period of 2 years.

60% $DOMIN is preserved to the community for upcoming network activities, including network rewards, development & project grants and airdrops.

Early Contributors

• Domin Council: The early core contributors and launchers of the foundation. They will continue to contribute for 2~4 years in the future.

• Private Sale: Early adopters and believers that has been utilizing Domin Network, or soon-to-be participants of the network.

• Strategy: Vital partners and contributors supporting all aspects on the growing of Domin Network in various fields. This portion includes advisors, incubators, strategic partners etc.

• Public Sale: The Public Sale will offer $DOMIN tokens to the broader community, providing an opportunity for all interested individuals to participate in the growth of the Domin Network. This phase will open up token access to retail investors and enthusiasts who believe in the potential of the network and want to be part of its decentralized future. The sale will play a crucial role in further expanding the ecosystem and ensuring a diverse and engaged user base.

Community & Ecosystem

• Community Airdrop: Distributing tokens to the community through various airdrop campaigns, including special rewards for NFT holders and early participants, to drive adoption and engagement in the Domin ecosystem.

• Staking Rewards: Incentivizing users to stake their $DOMIN tokens, with rewards for long-term commitment, helping to strengthen the network’s security and growth.

• Community Incentive Engagement: Offering rewards and recognition for community members who contribute to the ecosystem's growth, including activities like governance participation, content creation, and event participation.

• E-Commerce Network Rewards: Rewarding merchants, platforms, and users who participate in the Domin Network’s e-commerce ecosystem, encouraging real-world adoption and usage of $DOMIN tokens.

• Accelerator: Supporting early-stage projects and entrepreneurs by offering funding, resources, and mentorship to help scale their innovations within the Domin ecosystem.

• Treasury: Maintaining and improving the operation of the community and core development.

  • Project Grant

  • Commerce Alliance

  • Developer Data Contribution

Token Circulation Supply

Unlike most pure-digital project, Domin Network requires down-to-earth growth to support applications with values from real-world economics. A smoother release of $DOMIN will help lowering the unwanted fluctuation during the build-up phase, giving Domin the necessary time to continue iterate and balance its value distribution.

For Network Rewards, it will be gradually released according to the network usage. The halving mechanism of reward bonus will boost the growth of Domin for roughly 4 years (depending on the network usage).

For early contributors, there will be a vesting schedule involved, so that the release of token supply will be aligned with the expected ecosystem growth.