Boundless Token Economy Simplified

"ZKC" is the native token of the Boundless protocol.

---------Distribution---------

Initial total supply of 1 billion, fully unlocked within three years

--------->Locked-up

Ecosystem Fund 31% 25% unlocked one year after TGE, remaining 75% released within two years

Core Team 23.5%, release method the same as above

Investors 21.5% release method the same as above

--------->Partial Lock-up

Strategic Growth 18% released within one year after TGE

IDO and Airdrop 6%, airdrop not locked, IDO portion locked 50%, unlocked after 6 months

In short, the circulation at TGE only includes IDO + Airdrop + Strategic Growth portion

Currently, it is known that the circulation in the first year is close to 250 million tokens

Specific circulation amount, market value of IDO, etc. are yet to be announced by the official

---------Inflation---------

Starting from the first year, inflation at 7% gradually decreases to 3% by the eighth year, remaining at 3% thereafter

--------->Inflation Distribution

25% to users staking ZKC

75% to mining nodes

--------->Token Staking

Users stake ZKC to gain governance rights and ZKC release rewards

Nodes stake ZKC to obtain proof rights (mining rights), with node staking at least 10 times the highest fee requested, and if proof is not submitted on time, the staked ZKC will be confiscated, of which 50% will be permanently destroyed, and 50% will be used to reward nodes that complete the proof.