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Tokenomics

Tokenomics for Glitter is currently under discussion and planning. However, we would like to outline our basic ideas for rewarding contributions to our ecosystem and list some roles and their corresponding rewards:

  • Data Contributor: Is responsible for uploading and ensuring the quality and organizing data for the network and earning a data usage fee.
  • Delegator: Involves finding a good data schema, investing tokens (including the storage fee) in the schema, and earning a cut of the data usage fee.
  • Validator: Involves providing data services to the network, staking tokens, and earning tokens by maintaining consensus and data services.
  • Pledger: Pledger identify high-quality datasets that can provide stable services through due diligence and pledge their tokens to the datasets.
  • Developers: The involves using Glitter data services and gaining customers. They will pay tokens to our ecosystem.

tokenomics

We want to ensure that everyone who contributes to our ecosystem is rewarded fairly, and our tokenomics plan will evolve to reflect the growth and needs of the Glitter Protocol.