Bless has just released its token economics

Adopting a traditional dual-token model, where two tokens work in synergy.

🟥TIME :

Measures and rewards contributions to the network (running nodes, developing ecological applications, creating content, etc.).

🔸Supply: 100 million issued per cycle (Epoch), only valid within that cycle.

🔸Acquisition: Users earn by contributing.

At the end of the cycle, users can exchange TIME for BLESS (can choose to exchange immediately or lock up for delayed exchange to receive more BLESS). After the exchange, TIME is destroyed and does not accumulate.

🟥BLESS :

Governance token and core of long-term value.

🔸Supply: Total fixed at 10 billion.

🔸Application developers must pay Bless to use network computing power.

🔸The protocol will use 90% of its revenue for regular buybacks and destruction of BLESS (reducing circulation), with 10% allocated to the treasury.

🔸Economic closed loop: Increased network usage → Increased revenue → Increased BLESS buybacks and destruction → Enhanced token scarcity/value.

🔸Staking: After the mainnet goes live, users can stake BLESS to earn more BLESS rewards. The amount staked affects the workload that nodes can undertake, and malicious actions may result in the forfeiture of the staked amount.

🔸Governance: Initially, the mainnet is primarily used for value capture, and governance functions (such as parameter adjustments, treasury usage, etc.) will be gradually introduced and deepened as the network evolves.