🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
1️⃣ #TokenOfLove# | Festival Ticket Giveaway
Cheer for your idol on Gate Square! Pick your favorite star — HyunA, SUECO, DJ KAKA, or CLICK#15 — and post with SingerName + TokenOfLove hashtag to win one of 20 music festival tickets.
Details 👉 https://www.gate.com/post/status/13217654
2️⃣ #GateTravelSharingAmbassadors# | Share Your Journey, Win Rewards
Gate Travel is now live! Post with the hashtag and sha
Token $C: Economics, Utility and Incentive Mechanism
C is the native token of the Hyperdata Network developed by Chainbase, serving as the "economic glue" that connects the entire ecosystem. It acts both as a means of payment and as a tool for coordinating interests between data consumers and data providers. According to the whitepaper and media publications, C has the nature of being both a utility token (utility token) and a coordination instrument (coordination instrument), facilitating activities such as access, staking, and governance.
Applications and agents will spend C to perform high-priority, low-latency queries or subscribe to data on specific topics. This helps ensure a fast, stable data flow for real-time requirements. Rewards for operator )Operator Rewards(
Indexers and node operators receive C based on uptime ), accuracy, and throughput (. This is a direct incentive mechanism for them to maintain and improve the quality of data infrastructure services. Governance & Allocation )
Token holders have the right to participate in voting to adjust network parameters, while also receiving community airdrops to encourage early developers and builders to join the ecosystem. 2. Tokenomics and Allocation Strategy According to public information, C has a limited supply and prioritizes allocation for: Rewards for operator (operator rewards)Incentives for developers (developer incentives)Sustainable development fund for the protocol (protocol sustainability) Chainbase announces plans to implement strong incentive programs such as: Operator Staking: a staking mechanism to ensure commitment and quality from operators. Airdrop Seasons: airdrop seasons to expand the community and attract new users. Developer Grants: funding for application development teams, increasing the demand for data. These design choices aim to achieve a balance between rapid network growth and the ability to hold long-term value of the token. 3. New Economic Model for Developers and Operators For the development team (Dev Teams):
Instead of paying a fixed cost according to the traditional SaaS model, teams can utilize a common layer of tokenized data. This model helps to clarify costs, optimize budgets, and offers more flexibility in scaling applications. For operators and validators:
Creating a recurring revenue stream linked to data query demand. This transforms the provision of data infrastructure into a profitable and sustainable activity. 4. Sustainable Economic Loop If implemented effectively, the mechanism of C can maintain a decentralized indexer market that ensures performance while encouraging all participants. This loop includes: The demand for data queries generates fees of $C. This fee becomes a reward for operators. The quality of data increases, leading to a continued rise in demand. The value and utility of C are reinforced over time. ♡𝐥𝐢𝐤𝐞💬 ➤ @ChainbaseHQ #Chainbase