Issuance Model - Tokenomics

Issuance Model and Initial Minting of DNAR, NEOM, Halving, Max. Supply, SettCard, SettPay and Staking ROI

The issuance of SettCurrencies will be distributed to SettPay, as discounts for eCommerce apps and websites, and all SettPay users. And will also be distributed to SettCard - SettPay Visa/Mastercard Debit Card for integrating with traditional finance and other traditional Commerce markets.

The SETT Issuance Model is Elastic, and so an increase in the demand of SETT will result in a small rise in the price of SETT and a significant increase in demand. But because the SETT is backed by the DNAR - which is also elastic in supply, the increase in demand of DNAR will result to a rise in the price of DNAR, and that results in an increase in the supply of SETT that will be issued as discounts to SettPay and SettCard users while an increase in the price of SETT over it’s peg will also result in an increased supply in Sett, some amount of the newly minted SETT will go to the Serp Auction to buy back DNAR. Therefore 25% of the height of the Serpup goes to supporting the DNAR..

Same mechanism is used in the Neom Network for serping SettCurrencies.

Initial Minting and Token Issuance - Allocation & Vesting

The total 129,000,000 DNAR Tokens Supply will be minted at the Initial DNAR Offering launch and distributed as follows:

DNAR & NEOM Allocation and Vesting Schedule

Event

DNAR Allocation

Unlock on TGE

Vesting Frequency

Vesting Period

NEOM Allocation (10:1)

Private Sale

8% (10,320,000)

0%

monthly

12 months

Endow

Advisors

5% (6,450,000)

0%

monthly

6 months

Endow

Ecosystem

10%(12,900,000)

10%

monthly

12 months

Endow

Investment Fund

8% (10,320,000)

10%

monthly

12 months

Endow (NIF)

Setheum Foundation

25%(32,250,000)

10%

monthly

12 months

Endow

SettPay Users (Airdrops)

4% (5,160,000)

10%

monthly

12 months

Endow

Setheum Foundation "Charity Fund"

10%(12,900,000)

10%

monthly

12 months

Endow

Teams

25%(32,250,000)

0%

monthly

12 months

Endow

Presale (IDO)

1%(1,290,000)

10%

monthly

3 months

Claim

Public Sale (IDO)

4%(6,450,000)

100%

-

-

Claim

IDO Info (Setheum DNAR)

Event

Max. Allocation

Price

Soft Cap

Hard Cap

Access

Presale

1%(1,290,000)

$0.08 (20% off "Public sale")

$50,000

$103,200

Public

Public Sale

4%(6,450,000)

$0.10

$200,000

$516,000

Public

Tokens Info

Setheum Dinar (The token name is "Setheum Dinar" ticker "DNAR")

Unit

Decimal Places

Page (pDNAR)

1

Microdinar (uDNAR)

4

Millidinar (mDNAR)

7

Dinar (DNAR)

10

  • The Ecosystem Fund (Treasury Fund managed and governed by the “Setheum Council”) for Ecosystem growth and development, i.e. rewarded as grants and bounties et al.

  • Setheum Investment Fund (SIF): The SIF in the SIF reserve for Diversification in foreign cryptocurrency investments (including those in the Setheum ecosystem of course), the SIF will function like a Public Investment Fund or Sovereign Wealth Fund for the Setheum Network.The SIF will invest in lucrative cryptocurrencies that have great potential, utility and liquidity. The SIF will be governed by the Investment Council. The Investment Fund of the Neom Network is the "Neom Investment Fund" or NIF.

Halving

The Dinar (DNAR) staking rewards of Setheum will start at a 30% inflation per year for the first two years after launched, then halves the rewards every 24 months. From 30% in the first year to 15% after the 2nd year, to 7.5% after the 4th year, to 3.75% after the 6th year, to 1.875% after the 8th year, to 0.9375% after the 10th year, to 0.46875% after the 12th year in estimated 2033, to 0.234375% after the 14th year, to 0.1171875% after the 16th year, to 0.05859375% after the 18th year in 2039.

Did you know that the current Bitcoin’s inflation rate is 1.9625%, meaning 1.9625% of bitcoin will be minted in 202, that it 328, 125 bitcoins, that is equivalent to 900 bitcoins per day for 364.583333 days of a bitcoin year.

Bitcoin’s inflation rate will be at 0.12265625% in the year 2036 through to 2039. This means that by the year 2036, Bitcoin’s inflation rate would remain higher than Setheum Dinar’s inflation rate (by 2036) for the next 104 years until the last bitcoin is mined in the year 2140 then the Dinar rate will halve again a year later in 2141. Bitcoin’s inflation rate will be at 0.06132812% in 2040 after halving but still have 46.666581% higher inflation than Setheum, making the Setheum Dinar the number 1 Cryptocurrency in the World by 2039 for at least another 101 years.

"It takes the first 2 years to mine 60% more Dinar and Neom, but it will take centuries to mine 60% more." — Muhammad-Jibril B.A. (Founder, Setheum & Neom)

It gets lower and lower, and the lower it gets the faster it gets lower in supply. And 20% of all Serpups make it even lower. It is not just deflationary, it is counter-inflationary.