Token: Smart Key (SK)

Core native gas-like token of Power DCloud

SK is utility token, the driving element which is needed to perform network operations:

Transferring the network's native tokens among users
Transactions processing
Smart contracts and decentralized backend executing
Computing
Front-end code, NFT files, and so on
Files storing
a unique token that entitles your node to participate in the consensus
Node provider NFT
a unique token that entitles your node to store data
Storage provider NFT
a unique token that entitles you to form and manage a new chain
Chain NFT
How to get SK tokens
It's pretty simple: go to the Power Hub and choose Faucet tool to get test tokens
If you are a developer or researcher you're probably curious how to get test tokens so you can start testing or building something now
To utilize
If you're a part of web3 team please contact us via e-mail: partner@thepower.io
The best way to get SK tokens is to participate in our various incentivized campaigns. Please go to the Community page to check actual campaigns out
To earn
Node providers reward model
The network takes a commission from dApp users and developers for different types of network actions (described earlier) and distributes it among the node providers
Network Fee mining
There is two ways to be rewarded as a node provider:
Minting is a subsidy that is paid as an additional reward to the node till the network is not loaded with commercial transactions enough. SK release over time as rewards for producing data blocks by node provides
Minting
It has an extremely low volatility. It is used for a very large number of payments. That's why we use it to make stable tokenomics
The SDR was introduced by the IMF in 1969 as an additional international reserve and the most stable asset. The IMF publishes index rates on a daily basis
In order to minimize volatility transaction and service costs are calculated with XDR (SDR) index
- The competitiveness of service costs
- Minimum internal volatility
The base token economics operates in accordance with two important criteria:
Index XDR (SDR)
Stable token economics
The network has instruments for long-term value locking in the nodes and chains NFTs
Our go-to-market strategy is focused on the acquisition of web3 projects with a large number of users and transaction rate to maximize the network consumption and, therefore, growth of TVL (total value locked) The base token economics operates in accordance with two important criteria:
Sustainable economic growth
The more transactions we have in the network, the more market demand SK token will have. Thus the token market value will organically increase
Token distribution
Foundation
10.00%
Token sale
28.80%
Team & Advisiors
14.20%
Power_hub (ecosystem, grands, etc)
10.00%
Node reward (miting tokens)
12.00%
Commutity
20.00%
Liquidity Pool
5.00%
Tokens
pct.
Token Allocation
144,000,000
10.00%
Foundation
56,000,000
Token sale
28.80%
15,000,000
Team & Advisiors
14.20%
60,000,000
Power_hub (ecosystem, grands, hackathons, etc)
10.00%
100,000,000
Node reward (miting tokens)
12.00%
25,000,000
Commutity Social (Marketing)
20.00%
50,000,000
Liquidity Pool
5.00%
500,000,000
100.00%
Total tokens
Token circulation model