The numbers
1,000,000 coins exist, ever. Nobody can mint more, and nobody can change the rules once the contract starts.
Where the coins are now
In the town pot
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In people's hands
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Can still be paid out today
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One starting coin is worth – now. The town pot is also called the treasury in the contract.
How the coins move
- They start
- All 1,000,000 are in the town pot.
- They go out
- Through payouts the governor approves (in the demo, a DAO), up to 10% of the pot a day. For testing there is also a one-time faucet of 100 coins per account. It has no limit and is separate from payouts. It is for testing only and would be removed in a real deployment.
- They come back
- Every balance melts on a fixed schedule, and what melts returns to the pot.
- Who is in charge
- A governor chosen at deployment, usually a DAO with any approval rule. The demo's DAO has three members and needs two. The contract sets the limits.
The rules, read from the contract
- Loading the rules
- …
Activity
Recent activity
- Loading recent activity…
How long this demo copy runs
- –Accurate for every amount until then
- –100-coin claims still work until then
- –Every balance reads zero from then
Want to check how a balance is worked out? Next: the maths