Token Economics & Incentives

Token Economics & Incentives

Overview

BigFile’s token economics model is designed to create a sustainable ecosystem that rewards participants while ensuring network security and growth.

Key Components

1. Mining Reward Structure

  • Dynamic reward scaling based on storage contribution
  • GPU mining incentives for AI computation
  • Bonus rewards for high-availability nodes
  • Long-term mining commitment benefits

2. Transaction Fee Model

  • Pay-once-store-forever model optimization
  • Fee distribution among storage providers
  • Dynamic fee adjustment based on network usage
  • Cost-effective data retrieval mechanism

3. Staking Mechanisms

  • Node operator staking requirements
  • Stake-based voting rights
  • Slashing conditions for malicious behavior
  • Staking rewards for network security contribution

Implementation Timeline

  • Q2 2025: Initial framework deployment
  • Q3 2025: Testing and optimization
  • Q4 2025: Full feature rollout

Technical Details

  • Smart contract-based reward distribution
  • Automated fee calculation algorithms
  • Stake management system
  • Performance monitoring tools

Benefits

  1. Sustainable economic model
  2. Fair reward distribution
  3. Network security enhancement
  4. Long-term participant incentivization

Community Impact

  • Increased network participation
  • Stable token value
  • Enhanced network security
  • Sustainable growth model