DOS’s tokenomics are designed at the frontier of economic blockchain and gaming research, aiming to deliver an economic ecosystem and financial plumbing at par with DOS’s innovative engineering design.
This page includes a high-level overview of DOS’s economic model.
DOS Chain’s native asset is called DOS and we generally use one-word DOS to distinguish the token from the DOS Chain platform.
The total supply of DOS tokens is capped at 1,000,000,000 (i.e. one billion tokens). A share of DOS’s total supply will be liquid at mainnet launch, with the remaining tokens vesting over the coming years or distributed as future stake reward subsidies. Each DOS token is divisible up to a large number of decimal places.
The DOS token serves four purposes on the DOS Chain:
- You can stake DOS to participate in the proof-of-stake mechanism.
- DOS is the asset denomination needed for paying the gas fees required to execute and store transactions or other operations on the DOS Chain.
- DOS can be used as a versatile and liquid asset for various applications including the standard features of money – a unit of account, a medium of exchange, or a store of value – and more complex functionality enabled by smart contracts, interoperability, and composability across the DOS ecosystem.
- DOS token plays an important role in governance by acting as a right to participate in on-chain voting on issues such as protocol upgrades.
Since the DOS token is available in finite supply, the same amount of tokens will need to be used across more economic activities in the long run if DOS Chain unlocks many use cases and millions of users migrate to the platform.
In DOS Chain, whitelisted projects or contract functions are zero gas fees. However, in order to prevent spam, some types of transactions on DOS require the payment of a transaction fee. Those fees are very low even compared with C-Chain and are paid in DOS Token.