HolmesAI
Tokenomics
Tokenomics
  • Introduction
  • Token Allocation
  • Network Participants
  • Basic Economic Activities
  • Compute Provider Incentives
    • Task-Related Rewards (TRR)
    • Basic Rewards (BR)
  • Verifier Nodes (Later stage)
  • Reputation System
  • Staking
  • Slashing Mechanism
  • Burning and Recycling
  • Transactions and Payments
  • Governance
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Basic Economic Activities

PreviousNetwork ParticipantsNextCompute Provider Incentives

Last updated 3 months ago

  1. Computing Power Renting: Nodes complete clients' task requests and receive token income.

  2. Staking: Both computing and verifier nodes need to stake a certain amount of tokens as collaterals to join the network.

  3. Incentive Programs:

    1. Active computing nodes will receive token rewards based on task completation.

    2. Computing nodes that join before the total network computing power value reaches a baseline will receive additional token rewards.

    3. Verifier nodes will receive token rewards for completing verification tasks.

  4. Slashing Mechanism:

    1. Malicious computing nodes will have their collaterals forfeited.

    2. Malicious verifier nodes will have their collaterals forfeited.