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
- Sustainable economic model
- Fair reward distribution
- Network security enhancement
- Long-term participant incentivization
Community Impact
- Increased network participation
- Stable token value
- Enhanced network security
- Sustainable growth model