4.1 DREAM issuance and distribution
Last updated
Last updated
● 10% is 1 million: Permanent lock-up mining (the output is used for platform operation, including hard expenses, software development expenses, non-destructive drainage mining, etc.)
● 10% is 1 million: Ecological construction (fees, activities, rewards) and public relations replacement
● 10% is 1 million: The first time to build a trading liquidity pool (50% DREAM-BNB, 50% DREAM-USDT)
● 70% is 7 million: IDO
The remaining 99%, that is, 990,000,000 DREAM (990 million DREAM), will be all mined and additionally issued. The total daily output of 30-day mining and additional issuance is 7056 days, which is about 19 years and 8 months. The additional issuance time, additional issuance amount, additional issuance time,etc. are as follows:
● 50% consensus value dPoS mining (see 4.2.1 for details)
● 50% fission value dPoS mining (see 4.2.2 for details)
● The DREAM economic model sets the ecological treasury, namely the mining tax, with a tax rate of 10%, which is charged when the consensus value dPoS mining income and fission value dPoS mining income are received.
● Usage: 5% is reserved for nodes, which will be used for master node building rewards after the DreamChain main net goes online; the other 5% will be reserved for ecological construction (fees, activities, rewards) and public relations replacement, with the original 1 million coins, the second part of 5% reservation will be used for ecological construction (activities, rewards) and public relations replacement at the same time.
● The DREAM circulation model is set to enhance the treasury, that is, the sales transaction tax (one-way), the tax rate is 10%, and it is charged when DREAM is sold.
● Purpose: 50% exchanged for the non-DREAM token of the trading pair plus the remaining 50% DREAM will be added to the liquidity pool of the trading pair.