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TOKENOMICS.md

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TOKENOMICS.md — Alien Goat (Draft Framework)

Draft educational framework for planning issuance and allocation policy. Not legal, tax, accounting, or investment advice.

1) Core Definitions

  • Max Supply: Total number of tokens that can ever exist.
  • Circulating Supply: Tokens currently unlocked and transferable.
  • Locked Supply: Minted or reserved tokens that are not yet transferable (policy/vesting controlled).
  • FDV (Fully Diluted Valuation): max_supply * market_price.
  • Issuer: Stellar account that creates ALIENGOAT units.

2) Suggested Supply Policy (Example)

Assume:

  • MAX_SUPPLY = 1,000,000,000 ALIENGOAT

Example allocation split:

  • Seed Supporters: 10% → 100,000,000
  • Treasury / Community: 30% → 300,000,000
  • Ecosystem / Grants: 20% → 200,000,000
  • Team / Advisors (vested): 20% → 200,000,000
  • Liquidity / Market Ops: 20% → 200,000,000

Formula:

bucket_tokens = MAX_SUPPLY * bucket_percent

3) Seed Donation → Token Calculation

Simple fixed-price model

tokens_awarded = donation_usd / seed_price_usd

If seed_price_usd = 0.002:

  • $100 donation → 50,000 tokens
  • $500 donation → 250,000 tokens
  • $1,000 donation → 500,000 tokens

Weighted early-support model (optional)

tokens_awarded = (donation_usd / seed_price_usd) * time_multiplier

Example multipliers:

  • Wave 1 (first 30 days): 1.25x
  • Wave 2 (next 30 days): 1.10x
  • Wave 3 (final): 1.00x

Add optional limits:

  • min_allocation_tokens
  • max_allocation_tokens_per_wallet

4) Mint Budget Guardrails

Define hard caps before minting:

  • seed_cap_tokens
  • monthly_mint_cap_tokens
  • treasury_unlocked_cap_tokens

Validation checks before each mint:

remaining_seed = seed_cap_tokens - seed_minted_so_far
mint_allowed = min(remaining_seed, monthly_mint_cap_tokens_remaining)

Reject mint if:

  • requested amount > mint_allowed
  • destination wallet not in approved allocation table

5) Dilution & Emission Math

Let:

  • S0 = circulating supply now
  • Mt = newly unlocked/minted supply in period t

Then:

S_t = S_(t-1) + M_t
period_dilution_pct = M_t / S_(t-1)

Example:

  • Circulating now: 50,000,000
  • New unlock this month: 5,000,000
dilution = 5,000,000 / 50,000,000 = 10%

6) Treasury Runway (Token + Cash)

If treasury sells tokens to fund operations:

  • monthly_burn_usd
  • avg_realized_token_price_usd
tokens_needed_per_month = monthly_burn_usd / avg_realized_token_price_usd
runway_months = treasury_unlocked_tokens / tokens_needed_per_month

7) Recommended Production Policy

  1. Publish allocation table and formulas before launch.
  2. Keep a signed ledger (allocations.csv) of donation → wallet → tokens.
  3. Mint in batches (daily/weekly), not ad-hoc one-offs.
  4. Use multisig on issuer/distribution accounts.
  5. Consider issuer flags (auth-required, auth-revocable) before broad distribution.
  6. Add independent reconciliation after each mint batch.

8) Example Allocation Table (CSV shape)

wallet,donation_usd,wave,multiplier,seed_price_usd,tokens_awarded,status
GXXXX...,500,1,1.25,0.002,312500,pending
GYYYY...,1200,2,1.10,0.002,660000,pending
GZZZZ...,100,3,1.00,0.002,50000,pending

Calculation reference:

tokens_awarded = (donation_usd / seed_price_usd) * multiplier

9) Pre-Mint Checklist (Finance + Ops)

  • Destination trustline exists and is verified
  • Wallet appears in approved allocation sheet
  • Amount matches formula output
  • Mint is within period/bucket cap
  • Transaction hash recorded in audit log
  • Post-mint balance reconciliation completed

10) Communicating Token Math Publicly

For community transparency, publish:

  • Max supply and each bucket %
  • Vesting + unlock calendar
  • Current circulating supply
  • Minted-to-date vs cap
  • Method used to convert donations into allocations

This reduces confusion and builds trust around issuance discipline.