5.3 ABI Governance and Ecosystem Construction
Total Issuance: The total issuance of ABIs is 1 billion tokens.
Ecosystem Fund: Represents 30% of the total issuance, which is 300 million ABIs, allocated for the following purposes:
Team Allocation: 10% of the Ecosystem Fund, which equates to 100 million ABIs, is allocated to the team to reward their contributions and drive the project forward.
Contribution Distribution Mechanism: 500 million ABIs are dedicated to a contribution distribution mechanism, where AI determines the degree of contributors' contributions and allocates accordingly.
Daily Auctions: 150 million ABIs will be released through daily auctions at a rate of 30,000 tokens per day over 5,000 days to fund the initial construction of AIBO WORLD.
Early Staker Rewards: 50 million ABIs are allocated to early stakers, distributed at a rate of 10,000 per day over 5,000 days as staking rewards.
Governance and Ecosystem Development: The remaining 200 million ABIs from the Ecosystem Fund (300 million minus 100 million for the team) will be used for governance and ecosystem development, including but not limited to community governance, project support, and technological advancement.
Governance: Governance will manage auction processes, staking rewards, and the allocation of the Ecosystem Fund through smart contracts, ensuring the stability of monetary policy and the reasonable growth of ABI's value.
Buy-Back and Burn Mechanism: According to the latest instructions, the buy-back and burn mechanism has been canceled.
Remaining Allocation: If there are any ABIs remaining after the distribution for the Contribution Distribution Mechanism and the Ecosystem Fund, these will be allocated based on the project's specific needs and plans.
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