Tokenomics
End to end. Every level.
Last updated
End to end. Every level.
Last updated
- - .
The intent of this project is not to deliver a single function; a single protocol or 'building block'. The intent is to deliver an ecosystem. One that enables a specific concept: Self incubation.
To better familiarise yourself with the goals of this project, you may wish to review the following articles along side the content of this page.
To meet the needs of the project, the chosen tokenomic model was required to:
Fulfil archetypal needs and desires of three (3) key participants and,
Meet the needs of three (3) distinct protocol directives and,
Enable natural checks and balances to form across all three (3) protocols and prevailing archetypes.
Further to the above requirements, the following design rules were established before building the tokenomic model we have today.
3.finance takes tokenomics very seriously. Carful consideration was made with respect to token utility and impact both internally, within the projects own ecosystem and externally, amongst other DeFi native protocols. The design rules listed below were established (in the main), to ensure 3.finance moves forward in a manner that does not cause further damage to the DeFi ecosystem.
Every token (or NFT) must have an explicit function beyond that of applied benefits.
Each must have purpose beyond the addition of governance or profit share.
Every token must abide strictly by the wind-up, wind-down rule:
Everything that can be done, must also follow that it can also be undone.
Every token must abide strictly by 3.finance fair distribution rule:
Every 'mint' must account for an explicit value exchange.
Additionally, a preference we have attempted to respect wherever possible:
Specific to 3.finance tokenomics and its constituent parts: No time locks may be imposed unless the lock is explicitly required to fulfil a tokens function.
For transparency, a list of all supported tokens belonging to the 3.finance ecosystem has been listed below along with their functional purpose. Tokens/Formats are listed according to their expected release / appearance in the wild:
Accounting for fund raise capital:
Protocol tokens:
Composable micro-bonds. Accounts for system debt. Compose to instruments.
Accounts for protocol held assets. Directs protocol revenue.
Composable compounders. Compose to NFTs to change functional directive.
Protocol NFTs:
Composed macro-bond, aka a debt instrument, and an autonomous lending receipt.
- scope.
- drive.
You can also find articles covering our product releases .
From inception, 3.finance has experimented with a number of different tokens and token formats in order to understand and craft its own methodology towards tokenomics.
. Accounts for founder(s) capital and time. (Leveraged 10x + 3Fi allocation)
. Accounts for community capital infusion. (Leveraged 5x + 3Fi allocation)
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. (3.NFTs) Composed liquidators. Decompose to deposit receipts to change functional directive.
. (G.NFTs)
. Autonomous system guarantees.
