Tokenomics

🔁 Two-Token Model

1. ONO Token

• Type: Utility token (freely tradable)

• Functions:

  • Used to purchase data credits

  • Grants governance rights (square-root voting)

  • Distributed to miners, validators, investors, and the community

  • Can appreciate in value based on demand

• Supply: Capped at 810 million

• Deflationary: Burned during data credit swaps; newly released at a 16% yearly decay (four-year halving model)

• Rewards:

  • Base rewards for running stations (miners)

  • Usage-based rewards

  • Early adopter boosts

• Vesting:

  • Team and investors: linear monthly

  • Community, miners, validators: immediate release, halving schedule

2. Data Credits

• Type: Non-transferable, stable-value credits pegged to fiat (USD)

• Purpose: Payment for GNSS correction data access

• Created by: Swapping ONO tokens through an internal oracle

• Burned upon use: This anchors value without creating speculative markets

• Design: Pegging ensures cost predictability for traditional GNSS customers

---

🧠 Core Economy & Token Flow

• Miners (CORS operators) stream GNSS correction data and are rewarded in ONO based on:

  • Signal quality & diversity

  • Station uptime

  • Location (to promote optimal distribution)

• Validators check data authenticity and also receive ONO

• Users buy ONO → swap for data credits → access data streams

• A portion of ONO used in swaps is:

  • Burned (deflationary pressure)

  • Sent to rewards pool for contributors

  • Sent to ecosystem fund for maintenance and dev

---

🎯 Token Distribution

Group	Allocation	Vesting/Release
Community	40%	Continuous, halving schedule
Ecosystem Fund	22%	Continuous, lock/vest/halving
Investors	24%	One-time + vesting
Team	10%	One-time + lock/vesting
Listing & Mktg	4%	One-time

---

📈 Incentive Strategy

• Based on simulation modeling (Kalabić et al. 2023), ONO is expected to appreciate in value over time as data usage increases.

• This makes ONO not just a functional token but also a potentially attractive investment.

---

🗳️ Governance

• Governed by a Swiss non-profit association

• Voting is done via square-root voting (to prevent power concentration)

• Token holders can delegate votes anonymously to known identity delegates

• The system is progressively decentralizing

---

If you’re looking to participate as a miner, investor, or governance member, Onocoy's tokenomics are crafted to incentivize early participation, network growth, and value alignment across stakeholders.