Token Economics

DIDN's token economics consists of two types of tokens, namely DXP (more inclined to the nature of accumulate points) and DID (community native token).

DXP:

  • A token with no cap on the total amount.

  • It is a pre-mechanism for DIDN to start fairly with almost zero threshold (excluding the gas fee required on the chain and basic tools such as having a corresponding wallet).

  • It is also a record and quantifiable certificate of user behavior or contribution, including but not limited to: credit shown by the cumulative behavior of the account history, incentive points obtained by participating in tasks, incentives for contributing to the community, etc.

  • In the future, it can carry more forms of incentives such as community tasks and incentives for the complexity of the relationship network.

  • In order to avoid the influx of too many robots, the initial output rate of DXP is limited to ensure that real users have the opportunity to participate.

DID:

  • No backdoor, fully open-source BEP-20 (ERC-20) standard token (will initially be issued on the Binance Smart Chain, and may be extended to more widely used public chains later).

  • Completely fair distribution, everyone can participate for free. There is no need to use any funds of the user (excluding GAS fees) to start participating in the activation of minting/mining.

  • The circulating supply of DID will start completely from 0, and can only be activated and minted through the participation of real community users.

  • DID has an upper limit but the minting will stop at 10 million users which means that no new DID will be minted after the 10 millionth successful activation. Minted tokens can circulate freely at any time.

  • DID conducts continuous token rewards according to the reward time of the lock-up period and the total number of participants selected by the user at the time of minting.

  • The uses of DID include but are not limited to the following: non-destructive mining to obtain tokens of other community projects, potential airdrop opportunities, income certificates for holding tokens, minting DIDN or NFT of other communities, and obtaining them at preferential prices for other community projects’token, minting domains/mailboxes or other infrastructure that helps build a decentralized society.

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