Arcium Unveils Tokenomics, Allocates 20% to Community
1min read Arcium, a confidential computing network, has unveiled its tokenomics, detailing the distribution and allocation of its 1 billion tokens. The announcement specifies that 20% of the total supply will be allocated to the community, with an additional 5.8% reserved for angel investors, including those from the Echo round. Validators will receive 5% of the tokens, while core contributors will be allocated 20.8%. Venture capitalists (VCs) will hold 20.4% of the tokens, and the ecosystem and treasury will be allocated 28%.
The Arcium token serves as the network's core asset, facilitating staking-based security and compute payments. The tokenomics include a dynamic supply mechanism that allows for adjustments in inflation and burn strategies based on the network's requirements. To ensure fairness and transparency, only fully unlocked tokens can be used for staking. The Arcium community round is set to launch on March 24, with 100% of the tokens unlocking at the time of the token generation event (TGE).
This allocation strategy aims to balance the interests of various stakeholders, including the community, investors, and the network's core contributors. By allocating a significant portion of the tokens to the community and the ecosystem, Arcium seeks to foster a decentralized and inclusive network. The dynamic supply mechanism provides flexibility in managing the token's inflation and burn rates, ensuring the network's sustainability and adaptability to changing conditions.
The launch of the community round on March 24 with full token unlocking at TGE is a strategic move to engage the community and encourage participation in the network. This approach not only incentivizes early adopters but also promotes transparency and fairness in the token distribution process. The allocation to validators and core contributors underscores the importance of maintaining a secure and efficient network, while the allocation to VCs and the ecosystem ensures long-term support and development.
