whitepaperToken Economics

Token Economics

Token Economy

Overview

Dubhe adopts a dual-mechanism of programmable fees and burn: DUBHE is charged per interaction and a portion of revenue is burned to maintain scarcity and network security.

Design Principles

PrincipleDescription
Contribution-BasedAllocation, inflation, and rewards are distributed based on on-chain contributions from projects, nodes, and users
Elastic StructureKey metrics (inflation, fee caps) are on-chain parameterized via governance for market and regulatory adaptability
Sustainable GrowthCombines fee burn with ecological reinvestment for long-term deflationary expectations
Simple & TransparentAll models and spending are on-chain and publicly auditable
Data-Driven OptimizationMetrics inform governance proposals to iteratively improve parameters

DUBHE Token Utilities

  • Set Fees: Users writing data on Dubhe Engine-based apps pay $DUBHE per set() operation.
  • Collateral: Dubhe Channel requires deposits for fraud-proof guarantees and data relay service.
  • Staking Security: Token holders can delegate DUBHE to DubheOS nodes and earn block validation rewards.
  • Governance Voting: Token holders vote on upgrades, treasury, and parameter changes via DubheOS.

Dubhe Foundation

Dubhe Ecosystem Fund (DEF)

  • Service Contribution Rewards (SCR): High TPS app growth incentives.
  • Developer Programs: Hackathons, education, academic partnerships, DAO grants.
  • Strategic Investment: In collaboration with Obelisk Mesh.

Dubhe Infrastructure Fund (DIF)

  • Core Development: Dubhe Engine, Channel, and OS.
  • Market & Community: Ops, legal, marketing.
  • Liquidity Provision: CEX/DEX market-making and insurance reserves.

DUBHE Token Distribution

PoolAllocationCliff / VestingDescription / Mapping
Obelisk Labs (Mesh)7%12m cliff / 24m linear≈ 33% equity-equivalent
Core Contributors17%12m cliff / 36m linearFounders & team incentives
Seed Investors6%18m cliff / 36m linearSAFE @ FDV $25M (–50%)
Series-A Investors6%18m cliff / 36m linearReserved for a16z / Paradigm
Dubhe Foundation18%None / 48m linearPublic finance & DAO ops
Ecosystem Reserve8%DAO triggeredMultichain rewards / Builder Refund
Launchpad3%Fully unlocked at TGECoinList / OKX Jumpstart
CEX Lock2%24m contract lockMarket depth, not circulating
DEX PCL4%Chain-based, protocol-owned0.4% per chain liquidity pool
Community Incentives4%3m cliff / 12m linearEarly users, airdrops
Builders Bonus2%KPI-based / 6m lockAuto-reclaimed if unused
Investors Reserve (+M&A)3%DAO/Board approvalFuture rounds / M&A
Alliance & Strategic7%6m cliff / 24m linearCross-chain swaps / Infra collab
Total100%——

60-Month Unlock Curve Highlights:

  • TGE Initial Circulating: ≈ 7% (Launchpad + DEX + Gas LP)
  • 12m: ~22% (Labs & team cliffs begin)
  • 24m: Linear unlock continues → ~42%
  • 36m: Seed/A rounds + community incentives completed → ~60%
  • 48m: Foundation, strategic pool mostly unlocked → ~75%
  • 60m: Final unlocks → ≈ 76%, pending DAO trigger for Ecosystem/Reserves

Note: The token distribution follows a carefully designed 60-month vesting schedule to ensure long-term alignment and prevent market dumping. Visual representations of the unlock curve and distribution breakdown are referenced in the original documentation with accompanying charts.