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
Powered by GitBook
On this page
  • Computing Nodes
  • Verifier Nodes (Later stage)
  • Compute Renters
  • Token Holders

Staking

As mentioned above, both computing and verifier nodes need to stake a certain amount of $HOL as a deposit to join the network.

  • Computing Node Collateral Threshold: [TBD] $HOL

  • Verifier Node Collateral Threshold: [TBD] $HOL

The staking amount will be calculated in token units. Nodes must always maintain their collateral amount. If slashed, they need to replenish the deposit within a window of [TBD] days. Unlocking the deposit requires [TBD] days. During task execution, computing nodes cannot unlock their deposit.

Computing Nodes

HolmesAI aims to attract mid-to-high-end hardware resources to the network, with the NVIDIA 4090 GPU offering the best cost-performance ratio. Different nodes have different deposit requirements. To be fair, larger nodes should have higher collateral requirements, while smaller nodes should have lower requirements.

The base collateral required to join the network is based on several variables:

  • Total network staking amount

  • Total circulating tokens

  • Number of nodes in the network

  • Amount of token incentives to be released in the next cycle

The collateral amount required for different nodes is further adjusted, depending on their hardware ratings when joining the network. For example, if Node A and Node B join the network at the same time, but Node A has better hardware resource, Node A will need to stake more tokens.

Verifier Nodes (Later stage)

To maintain network security, the threshold for verifier nodes should be relatively low to quickly increase the number of nodes.

Compute Renters

If a computing power demand side has a high need for specific computing resources but the supply is insufficient, they can increase their matching priority for a certain period by staking more tokens.

Token Holders

In a typical work token model, retail investors delegate tokens to nodes, providing token economic security, and in return, receive network inflation incentives and a share of the node's income.

Similarly, in HolmesAI, it could be considered to allow individual investors to stake $HOL tokens in nodes that lack sufficient collateral, thereby earning a portion of the token incentives.

PreviousReputation SystemNextSlashing Mechanism

Last updated 3 months ago