cadastry

title: "Tokenomics" order: 4

Cadastry Tokenomics: Powering a Fair and Sustainable Metadata Ecosystem

Welcome to the heart of Cadastry's economic model. Our tokenomics is designed with one primary goal: to create a fair, decentralized, sustainable, and thriving ecosystem for metadata management and verification. The $CD token is not just a gas token; it's the lifeblood of our network, carefully crafted to align the interests of all participants and drive the growth of our decentralized metadata platform.

Warning

Please note that the tokenomics parameters described in this document are preliminary and subject to change before the final network launch. We are continuously refining our economic model based on research, simulations, and community feedback to ensure optimal network sustainability and growth.

The $CD Token

The $CD token is the key that unlocks the full potential of the Cadastry ecosystem. Its utility extends far beyond simple transactions:

  1. Transaction Fees: Every time a document is created, updated, or certified on Cadastry network, $CD tokens are used. This ensures that those who contribute value to the network are rewarded, while also providing a natural mechanism to prevent spam and abuse.

  2. Node Operation: The first backbone of our network is formed by dedicated node operators who stake $CD tokens. This stake serves as both an incentive for good behavior and a deterrent against malicious actions, ensuring the network's integrity and performance.

  3. Certifier Network: The second backbone of our network is formed by certifiers who stake $CD tokens and evaluate documents. This stake serves as both an incentive for good behavior and a deterrent against malicious actions, ensuring validity of documents and actions performed by certification bodies.

  4. Governance: Growing Cadastry network to cover hundreds of industries and millions of participants is impossible using old centralized paradigms. We believe in the power of community-interest-driven decision making. $CD token holders have a direct say in the future of Cadastry, from technical upgrades to policy changes.

  5. Ecosystem Growth: A portion of $CD tokens is allocated specifically for expanding our network, facilitating metadata migration, and maintaining reserves for future developments.

Fairness Through Mining

At Cadastry, we're committed to creating a level playing field for all participants. That's why we've taken the bold step of having the vast majority of tokens mined through usage of the network. Most $CD tokens come into existence through the mining process, ensuring a fair distribution from day one.

  • Block Rewards: 256 $CD tokens are minted with each new block, rewarding the miners who secure and maintain our network.
  • Block Time: With new blocks created every 5 seconds, Cadastry offers fast transaction confirmations and a steady flow of new tokens into the ecosystem.
  • Slashing Events: To control inflation and maintain long-term value, block rewards are reduced by 10% every year. This creates a predictable supply curve that balances growth with scarcity.

A Balanced Token Distribution

Our initial token distribution is carefully designed to support all aspects of the Cadastry ecosystem:

  • Node Operations: 75% of tokens are allocated across our four node types:
    • Consensus Nodes (7.5%): Securing network consensus and block validation
    • Validation Nodes (18.75%): Verifying transactions and metadata integrity
    • Computational Nodes (18.75%): Processing complex metadata operations
    • Storage Nodes (30%): Maintaining distributed metadata storage
  • Network Growth: 15% is reserved for ecosystem development, partnerships, and network expansion initiatives
  • Reserve: 10% is held in reserve for future contingencies, market stabilization, and emergency scenarios

Node Types: The Technology Pillars of Our Network

Cadastry's network is built on four types of nodes, each playing a crucial role:

  1. Consensus Nodes: Core consensus nodes of our network, requiring a substantial stake of 2,000,000 $CD.
  2. Validation Nodes: Our first line of defense against invalid documents, staking 80,000 $CD.
  3. Computational Nodes: The processing powerhouses, also staking 80,000 $CD.
  4. Storage Nodes: The keepers of our metadata, with a lower barrier to entry at 10,000 $CD.

This diverse node structure ensures that our network remains decentralized, secure, and efficient.

Building for the Future: Our Growth Strategies

We're not just envisioning a token; we're building an ecosystem. Our growth strategies are designed to foster long-term engagement and value:

  • Early Adopter Rewards: We recognize the importance of early supporters in building momentum.
  • Community Governance: By giving node operators, certifiers and token holders a voice, we ensure that Cadastry evolves in line with its community's needs.
  • Staking Incentives: Long-term holders and those who actively secure our network are rewarded, aligning individual interests with the network's success.

Dive Deeper

Excited to learn more? Explore our detailed breakdowns of various aspects of our tokenomics:

Join us in revolutionizing the world of metadata management with Cadastry's innovative tokenomics model!