> For the complete documentation index, see [llms.txt](https://dmc-datamallchain.gitbook.io/dmc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dmc-datamallchain.gitbook.io/dmc/about-dmc/economic-model.md).

# 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.

<figure><img src="https://1067436096-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FDGsI8bhICHbcMEFRMPyt%2Fuploads%2FNTZbPwWVsWcSfqzZM8rP%2FWechatIMG230.jpg?alt=media&amp;token=a0b6237d-dcfa-4911-b359-a925ec6a8967" alt=""><figcaption><p>DMC Token Plan</p></figcaption></figure>

You can see the exact numbers at each stage to the miner\&user and the foundation in below sheets.

&#x20;                                                                    Release Schedule

<table><thead><tr><th width="99" align="center">Stage</th><th width="177.33333333333331" align="center">Estimated Time</th><th width="161" align="center">Stage Release</th><th width="165" align="center">Total Release</th><th align="center">Percentage</th></tr></thead><tbody><tr><td align="center">1</td><td align="center">01.2022-06.2022</td><td align="center">155,520,000</td><td align="center">155,520,000</td><td align="center">15.55%</td></tr><tr><td align="center">2</td><td align="center">07.2022-12.2022</td><td align="center">142,560,000</td><td align="center">298,080,000</td><td align="center">29.81%</td></tr><tr><td align="center">3</td><td align="center">01.2023-06.2023</td><td align="center">125,280,000</td><td align="center">423,360,000</td><td align="center">42.34%</td></tr><tr><td align="center">4</td><td align="center">07.2023-12.2023</td><td align="center">93,960,000</td><td align="center">517,320,000</td><td align="center">51.73%</td></tr><tr><td align="center">5</td><td align="center">01.2024-06.2024</td><td align="center">70,470,000</td><td align="center">587,790,000</td><td align="center">58.78%</td></tr><tr><td align="center">6</td><td align="center">07.2024-12.2024</td><td align="center">52,852,500</td><td align="center">640,642,500</td><td align="center">64.06%</td></tr><tr><td align="center">7</td><td align="center">01.2025-06.2026</td><td align="center">118,918,125</td><td align="center">759,560,625</td><td align="center">75.96%</td></tr><tr><td align="center">8</td><td align="center">07.2026-12.2027</td><td align="center">89,188,593.75</td><td align="center">848,749,218.75</td><td align="center">84.87%</td></tr><tr><td align="center">9</td><td align="center">01.2028-06.2029</td><td align="center">66,891,445.31</td><td align="center">915,640,664.06</td><td align="center">91.56%</td></tr><tr><td align="center">10</td><td align="center">07.2029-12.2030</td><td align="center">50,168,583.98</td><td align="center">965,809,248.05</td><td align="center">96.58%</td></tr><tr><td align="center">11</td><td align="center">01.2031-06.2032</td><td align="center">34,190,751.95</td><td align="center">1,000,000,000</td><td align="center">100%</td></tr></tbody></table>

<table><thead><tr><th width="190.33333333333331" align="center">Stage</th><th align="center">Miner&#x26;User</th><th align="center">Foundation</th></tr></thead><tbody><tr><td align="center">1</td><td align="center">30%</td><td align="center">70%</td></tr><tr><td align="center">2</td><td align="center">40%</td><td align="center">60%</td></tr><tr><td align="center">3</td><td align="center">50%</td><td align="center">50%</td></tr><tr><td align="center">4</td><td align="center">55%</td><td align="center">45%</td></tr><tr><td align="center">5</td><td align="center">60%</td><td align="center">40%</td></tr><tr><td align="center">6</td><td align="center">70%</td><td align="center">30%</td></tr><tr><td align="center">7</td><td align="center">75%</td><td align="center">25%</td></tr><tr><td align="center">8</td><td align="center">80%</td><td align="center">20%</td></tr><tr><td align="center">9</td><td align="center">90%</td><td align="center">10%</td></tr><tr><td align="center">10</td><td align="center">95%</td><td align="center">5%</td></tr><tr><td align="center">11</td><td align="center">95%</td><td align="center">5%</td></tr><tr><td align="center"><p>Total</p><p>Member</p></td><td align="center">598,159,889</td><td align="center">401,840,111</td></tr><tr><td align="center">Percentage of Total Member</td><td align="center">60%</td><td align="center">40%</td></tr></tbody></table>

## DMC Transaction Model&#x20;

### Token in DMC

<details>

<summary>DMC</summary>

**Datamall Coin (DMC)**\
\
As the token is designed for global decentralized storage market, DMC (Datamall coin) represents the actual data storage service capability, and the invisible hand to match up supply and demand for storage needs. With DMC, you can purchase storage services; and vice versa, if you have spare storage space, you can make it available to earn DMC; or you may do both. The decentralized storage market built by this project provides users with a safe and efficient storage service that is not controlled or exploited by any single entity.

A total amount of 1 billion DMC tokens will be minted.&#x20;

The token release speed slows down as the decentralized storage market matures. We expect the market run with less and less incentives and eventually governed completely by DAO.

</details>

<details>

<summary>PST</summary>

**Proof of Service Token（PST）**&#x20;

PST is the proof of service token. 1 PST represents a standard unit of storage service, that is, 1 PST corresponds to the storage service capacity of 1G for 7 days. MPs need to stake DMC through the PST Maker Contract to mint PSTs. **PSTs cannot be transferred**, with 0 decimal places.&#x20;

When trading PST, the system will provide one reference price. The reference price is 50% of the storage price of Amazon AWS.&#x20;

The price of DMC may fluctuate, but PST, as a proof of service token, represents unchanging storage capacity. The unit price of PST may fluctuate with changes in DMC.The price of DMC that is Off-chain data is inputed via oracles.

The PoSS consensus algorithm uses the quantity of the minted PST by staking DMC to proportionally generate the corresponding number of voting rights, and ranks the nodes accordingly to continuously select a certain number of MPs who actively provide storage services as the consensus nodes and give them incentives according to the reward rules.

For details about PST casting and its relationship with DMC, please refer to the [Yellowpaper](/dmc/about-dmc/what-is-dmc.md#dmc-document).

</details>

<details>

<summary>RSI</summary>

**Real Storage Incentive (RSI)**

In order to build a decentralized storage market that can evolve and flourish benignly, it is necessary to provide incentives for both sides of the storage transaction. We propose an incentive for real storage transaction behavior, called Real Storage Incentive (RSI).\
\
RSI is the reward for MCs, MPs and LPs and it is similar to the reward points in the system, with 4 decimal places. MPs or MCs can obtain RSI by issuing news orders, trading, etc. The tradable token pair so far is: DMC/RSI. The amount of DMC swapped by RSI is fixed every day and RSI is periodically boughtback and burned.

This mechanism works similarly to decentralized exchanges (DEX) and aims to provide a smoother and fairer exchange experience.

The Foundation has made corresponding adjustments to the exchange pool based on the current network storage space, the daily production of RSI, and the daily release of DMC. The purpose of these adjustments is to ensure that during the storage growth phase, regardless of which MP, at any given time, and with any amount of RSI used to exchange for DMC, there will be no significant deviation in the exchange rate.

</details>

### Business Model

<figure><img src="https://1067436096-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FDGsI8bhICHbcMEFRMPyt%2Fuploads%2FIfrdR54GVJYIhoZMoArN%2FWechatIMG231.jpg?alt=media&amp;token=89240944-5521-45ab-b72a-26f84555abab" alt=""><figcaption><p>DMC Business Model</p></figcaption></figure>

* Miner the consumer (MC) —— Data storage consumer
* Miner the provider (MP) —— Storage Service Providers*clear*
* 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.
