📊Tokenomics
Last updated
Last updated
➡️The $NLOV token is the lifeblood of the Neurolov ecosystem, designed to incentivize participation, govern the platform, and facilitate seamless transactions. Neurolov tokens (NLOV) play a central role in our ecosystem, serving multiple utility functions to enhance user experience and incentivize participation. $NLOV are more than just a medium of exchange; they represent access, participation, and value within our decentralized computing ecosystem. By leveraging the diverse utility functions of NLOV tokens, users can unlock a range of benefits and opportunities while contributing to the growth and success of the Neurolov platform.
➡️Token Utility
I. Access to Computing Resources: Users spend $NLOV to utilize GPU power and AI capabilities.
II. Staking and Governance: Token holders can stake $NLOV to participate in platform governance and earn rewards.
III. Incentives for Resource Providers: GPU providers earn $NLOV for contributing their resources to the network.
IV. Payment for AI Models and Services: Used for transactions in the AI model marketplace and other platform services.
➡️Token Allocation
➡Token allocation is a critical aspect of the overall tokenomics strategy, ensuring a balanced distribution of tokens to foster a healthy ecosystem and incentivize participation from various stakeholders. Neurolov’s token allocation strategy is meticulously designed to support platform growth, reward contributors, and maintain long-term sustainability.
Ø Total Supply: 500 million $NLOV tokens
Ø Public Sale: 56% (280 million tokens)
Ø Ecosystem Development: 15% (75 million tokens)
Ø Team and Advisors: 8% (40 million tokens)
Ø Community Incentives: 10% (50 million tokens)
Ø Reserves: 10% (50 million tokens)
➡️Neurolov's token allocation plan outlines the distribution of tokens across different categories, including team members, investors, ecosystem development, community incentives, and reserves. This approach ensures that tokens are strategically allocated to support both short-term and long-term goals, promoting a vibrant and engaged community.
➡️Token Emission Schedule
➡The $Nlov token emission schedule is designed to ensure sustainable growth and long-term value appreciation while supporting the project's ecosystem development. The emission schedule outlines the gradual release of tokens over time, balancing initial liquidity needs with long-term sustainability goals.
ü Initial Release: 20% of total supply at mainnet launch
ü Gradual Release: Remaining tokens released over 5 years
ü Emission Rate: Decreasing emission rate to ensure long-term sustainability
➡️Dynamic Rate Adjustment: The emission rate of $Nlov tokens may be subject to dynamic adjustments based on project milestones, market conditions, and community consensus. This flexibility allows for responsive supply management, ensuring alignment with the project's strategic goals and market demand.
➡️Vesting and Release Mechanism: Tokens allocated to team members, advisors, developers, and other stakeholders will follow a vesting schedule to incentivize long-term commitment and responsible token utilization. This mechanism prevents sudden market oversupply and supports sustained project development.
➡️Staking and Rewards
➡Staking and rewards form a vital component of Neurolov's tokenomics, providing a mechanism for token holders to participate actively in the platform's ecosystem while earning rewards. This approach incentivizes long-term commitment, enhances network security, and ensures the efficient functioning of the platform.
➡️Staking Mechanism
➡Neurolov employs a sophisticated staking mechanism designed to encourage participation and reward users for their commitment to the network. Key elements of the staking mechanism include:
A. Staking Pools: Users can stake their tokens in designated staking pools. These pools are tailored to different user profiles, offering varying levels of rewards based on the amount staked and the duration of the staking period.
B. Smart Contracts: The staking process is managed by smart contracts, ensuring transparency and security. These contracts automate the staking and reward distribution processes, minimizing the risk of errors and ensuring timely payouts.
C. Lock-up Periods: To encourage long-term commitment, staked tokens are subject to lock-up periods. The duration of these periods varies based on the staking pool and reward structure, incentivizing users to maintain their stake over extended periods.
➡️This optimized tokenomics model is designed to create a self-sustaining ecosystem that rewards long-term participation, ensures platform liquidity, and aligns incentives for all stakeholders. By carefully balancing token distribution, emission, and utility, Neurolov aims to foster a thriving, decentralized marketplace for high-performance computing and AI development.