gomining-tokenomics
Installation
SKILL.md
GoMining Tokenomics
The Tokenomics module governs the GMT token ecosystem including token locking (Lock), voting (Voting), and the deflationary Burn & Mint mechanism.
Overview
GoMining Tokenomics is built around three interconnected systems that work together to manage the GMT token supply, incentivize long-term holding, and enable community governance:
| System | Purpose | Key Mechanism |
|---|---|---|
| Lock | Incentivize long-term holding | Lock GMT to receive vote-escrowed (VE) tokens |
| Voting | Community governance | VE holders vote on reward distribution and burn rate |
| Burn & Mint | Deflationary supply management | Daily burns from user spending, controlled re-minting |
Smart Contracts
- GMT Contract: Initial supply of 500M tokens, manages token issuance across the ecosystem.
- VEGoMining (VE) Contracts: Issue vote-escrowed tokens when users lock GMT. Voting power is proportional to VE token quantity.