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  • ENTER THE GR1D
    • Overview
    • GR1D Blockchain
    • GR1D Token
    • GR1D Network Utility
      • Blockchain Gaming
      • On-Chain Intellectual Property
      • Multi-Chain Consumer Applications
  • GR1D Network
    • GR1D Protocol
    • Multi-Chain Asset Orchestration
      • Multi-Chain Asset Verification SDK
        • Verify Ethereum Asset
        • Verify Solana Asset
      • GR1D MCAO Solutions
    • Intent Layer
      • GR1D Intent Architecture
      • GR1D Intent Technical Underpinnings
    • GR1D Multi-Chain Apps
      • GR1D TERM1NAL
  • Build with GR1D
    • GR1D Chain Info
      • GR1D Testnet Network Info
      • Connect to GR1D Testnet
      • Bridge to GR1D Testnet
      • Smart Contracts on GR1D Testnet
      • Explorer on GR1D Testnet
    • GR1D SDKs & APIs
    • Guide: Enter the GR1D Testnet
  • Circuit Nodes 101
    • Circuit Nodes Explained
    • Circuit Chip
    • Power your Circuit Node
      • Hardware Requirements for GR1D Circuit Node
      • How to Run GR1D Circuit Node
    • Node Operator Rewards
  • GR1D Tokenomics
    • Token Utility
    • Token Value Accrual
    • Staking and Redemptions
    • Rewards and Emissions
    • Token Overview
    • Token Distribution
  • GR1D Ecosystem
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  1. GR1D Tokenomics

Token Value Accrual

The GR1D Network leverages a deflationary tokenomics model to align the interests of its community, counterparties, and the broader ecosystem while driving sustainable value for its native token. This model connects token utility directly to the demand for GR1D’s services, creating a self-reinforcing cycle of growth and scarcity.

In this system, counterparties such as businesses, gaming studios, and consumer-facing Web3 platforms engage with the GR1D Network and ecosystem to access essential network services. To utilize these services, counterparties must purchase GR1D tokens from the open market and stake them. The staked tokens act as collateral for the services to be rendered.

As the GR1D Network fulfills its commitments, the staked tokens are systematically burned. This burning mechanism permanently removes tokens from the circulating supply, reducing overall token availability. This design not only ties network utility to token value but also ensures that ecosystem activity contributes to the long-term value appreciation of the token.

Decentralized Proposal and Engagement Framework

The GR1D Network uses a decentralized proposal system to manage counterparty engagements and ensure alignment with the community. When a counterparty wants to use the network’s services, they submit a proposal outlining the work, required resources, and token pricing. The community reviews and votes on these proposals, deciding which partnerships to approve. This transparent process ensures that only valuable and well-aligned engagements proceed, while giving the community a key role in shaping the network’s growth.

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Last updated 6 months ago