🪙Economic Model
The mechanics of how the token works in DMC
DMC chain utilizes the utility token native to DMC. The utility token is used for Storage Service,Data Trading,Eco-Storage Application Service,Community Governance,Storage Deposit. The token allocation is shown below.
You can see the exact numbers at each stage to the miner&user and the foundation in below sheets.
Release Schedule
Stage | Estimated Time | Stage Release | Total Release | Percentage |
---|---|---|---|---|
1 | 01.2022-06.2022 | 155,520,000 | 155,520,000 | 15.55% |
2 | 07.2022-12.2022 | 142,560,000 | 298,080,000 | 29.81% |
3 | 01.2023-06.2023 | 125,280,000 | 423,360,000 | 42.34% |
4 | 07.2023-12.2023 | 93,960,000 | 517,320,000 | 51.73% |
5 | 01.2024-06.2024 | 70,470,000 | 587,790,000 | 58.78% |
6 | 07.2024-12.2024 | 52,852,500 | 640,642,500 | 64.06% |
7 | 01.2025-06.2026 | 118,918,125 | 759,560,625 | 75.96% |
8 | 07.2026-12.2027 | 89,188,593.75 | 848,749,218.75 | 84.87% |
9 | 01.2028-06.2029 | 66,891,445.31 | 915,640,664.06 | 91.56% |
10 | 07.2029-12.2030 | 50,168,583.98 | 965,809,248.05 | 96.58% |
11 | 01.2031-06.2032 | 34,190,751.95 | 1,000,000,000 | 100% |
Stage | Miner&User | Foundation |
---|---|---|
1 | 30% | 70% |
2 | 40% | 60% |
3 | 50% | 50% |
4 | 55% | 45% |
5 | 60% | 40% |
6 | 70% | 30% |
7 | 75% | 25% |
8 | 80% | 20% |
9 | 90% | 10% |
10 | 95% | 5% |
11 | 95% | 5% |
Total Member | 598,159,889 | 401,840,111 |
Percentage of Total Member | 60% | 40% |
DMC Transaction Model
Token in DMC
Business Model
Miner the consumer (MC) —— Data storage consumer
Miner the provider (MP) —— Storage Service Providersclear
Limited Partners (LP)
Miners use DMC as a deposit to mint PST and publish the demand on the DMC chain. Users use DMC tokens to purchase PST storage services on the DMC chain. Users and miners deliver data off-chain and reach consensus on the chain. When the transaction reaches a consensus, both users and miners will receive incentives on the chain.
During the process of pledging DMC to cast PST, miners can open LP to receive investment, increase the pledge rate and obtain higher returns.
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