Tokenomics
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Last updated
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The EON token serves as the utility token of the Eon protocol, with a total supply of 100 million tokens. Of this, 50% is set to be released according to a predefined schedule. EON's utility is multifaceted, with three primary use cases: stake for rental discounts, boost A100 RWA APR, and settlement for leasing and providing computing power.
A. Mining Allocation (50%)
Half of the total EON supply is dedicated to mining rewards for computing power, following a unique diminishing model. Each year, the mining reward amounts to two-thirds of the previous year's allocation, promoting a sustainable and gradually decreasing issuance over time.
B. Team Allocation (10%)
A portion of the EON supply, amounting to 10%, is reserved for the project team. This allocation comes with a six-month cliff, after which it undergoes a linear unlocking process over 36 months. This mechanism ensures team commitment and aligns their interests with the long-term success of the EON protocol.
C. Marketing Allocation (20%)
Twenty percent of the total EON supply is earmarked for marketing purposes. Of this allocation, 10% is made available immediately, while the remaining portion is released linearly over a span of 24 months. This strategy supports ongoing promotional activities and the broader adoption of the Eon blockchain.
D. Ecosystem Allocation (20%)
Similarly, another 20% of the EON tokens are allocated for ecosystem development. This includes immediate access to 10% of the allocated tokens, with the remainder being linearly unlocked over 24 months. This allocation is crucial for fostering growth, innovation, and the expansion of the Eon ecosystem.
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