Silomon
  • About Silomon Network
    • Introduction
    • Data Storage for Web3 dApps
  • Silomon dCDN
    • Overview
    • How It Works
  • Silomon Nodes
    • Overview
    • GUI Desktop
    • Hardware Requirements
  • Tokenomics
    • General-$SLM
    • Inflation & Rewards
    • Burn
    • Distribution
  • Follow Us
    • Follow Us
Powered by GitBook
On this page
  1. Tokenomics

Inflation & Rewards

PreviousGeneral-$SLMNextBurn

Last updated 1 year ago

CtrlK

Future Inflation Strategy for Silomon Network Token

Starting from the next annual cycle, we will implement a 1% annual reduction in inflation for a period of 5 years, settling at a sustainable inflation rate of 3% thereafter.

Projected Inflation Reduction Path:

  • 7% from the start of the next cycle

  • 6% one year after

  • 5% two years after

  • 4% three years after

  • 3% four years after, continuing indefinitely

This gradual decrease aims to enhance stakeholder engagement within the Silomon Network, with the adjusted inflation proceeds allocated as follows:

  • 50% to Validators and Delegators for their crucial role in network security

  • 50% to the Silomon Treasury to fund ecosystem growth and development

The Treasury will specifically support the development and adoption of key infrastructure components, including:

  • Silomon Web3 Storage (SW3S)

  • Silomon Web3 AI (SW3AI)

  • Silomon IPFS Integration (SW3IPFS)

  • Silomon Streaming Network (SW3Stream)

These funds will drive the expansion of the Silomon developer community and partnership network, increasing the Silomon token’s use cases and enhancing the network’s overall vitality.