HolmesAI
Tokenomics
HolmesAI DocTokenomicsUser ManualPrivacy PolicyTerms of Use
Tokenomics
HolmesAI DocTokenomicsUser ManualPrivacy PolicyTerms of Use
  • 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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  1. Compute Provider Incentives

Task-Related Rewards (TRR)

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Last updated 24 days ago

Online computing nodes receive token incentives, distributed based on the number of tasks completed by each node.

TRR Supply: [TBD]% of the total supply (equivalent to [TBD]% of the total computing node incentives).

Emission Rate: Similar to Bitcoin's halving every four years. The amount of newly emissioned $HOL decreases exponentially per cycle. Let be the decay constant, where . Therefore, the reward amount for epoch , where, is given by

Distribution: New issuance per epoch is shared among active computing nodes in the network. In a nutshell, nodes that complete more tasks will earn a larger portion of the incentives.

Unlocking: TRR are unlocked linearly based on the amount of tasks completed. Nodes that complete more tasks will have shorter reward vesting period; conversely, nodes with fewer completed tasks will have longer vesting period for the full reward. If a node wishes to exit early for liquidity, [TBD]% of its incentive earned will be deducted and burned.

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