WEAVE PROJECT
  • Welcome To WEAVE
    • Introduction
    • Background
      • Personal Information
        • Collection Of Personal Information
        • Private Sector Analysis Of Personal Information
        • New Business Opportunities
          • AI
          • CLOUD COMPUTING
          • SEARCH ENGINE
          • BLOCKCHAIN
        • Increased Awareness Of Personal Information Protection
      • Development and Evolution of WEB
        • WEB 1.0
        • WEB 2.0
        • Web2.0 security challenges
        • Prevention of Web2.0 vulnerabilities
        • WEB 3.0
      • Decentralized Physical Infrastructure Network
    • WEAVE Manifesto
    • WEAVE Philosophy
  • Core Technology
    • Wallet-to-Wallet encrypted network communication protocol
      • Internet Protocol
        • TCP/IP Protocol
        • Internet TCP/IP Communication Privacy Threats
        • Internet Privacy Communication Solutions
      • Layer Minus Protocol
        • Layer Minus
        • Privacy Threats of the Layer Minus Protocol
    • Decentralized Private Network DCPN
      • Decentralized Physical Infrastructure Network
      • Features
    • WEAVE Platform
      • WEAVE Wallet
  • Token Economic Model
    • $WEAVE
    • WEAVE Consensus Protocol
    • Incentives
  • Web2 Bridging
  • User Case
  • Guardian Plan
  • WEAVE Power Card
  • WEAVE Mining
  • Road Map
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  1. Token Economic Model

$WEAVE

WEAVE is a fully open-source project driven by the community, adhering to the principles of Bitcoin. The total supply of $WEAVE is 1 billion.

The $WEAVE token will play the following key roles in the development of the WEAVE project:

  1. Mining Rewards: In the initial phase, a dual proof-of-time and proof-of-bandwidth mechanism is implemented to establish community engagement and attract more participants.

  2. Mining Staking Accelerated Rewards: In the initial stage, liquidity mining provided by participants contributes to the accumulation of power for the WEAVE community takeoff.

  3. WEAVE Network Usage Fees: Users accessing dApps on the WEAVE network pay fees to gain a decentralized, zero-trust, secure, and reliable open network communication experience provided by the underlying protocol.

  4. Mining Revenue: As WEAVE matures and more third-party dApps join, increased network traffic leads to a significant increase in mining revenue. Mining rewards gradually decrease, and the WEAVE flywheel enters a positive cycle.

  5. Protocol Governance: The development of the WEAVE protocol is driven and managed by a decentralized community.

Unlocking Periods: Early investors have an unlocking period of 18 months with linear release, while the core team's unlocking period is 3 years.

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Last updated 11 months ago