Decentralized Bio Network
  • Welcome to DeBio
  • Overview
  • Introduction to DeBio
  • Roadmap Infographic
  • Tokenomics
    • The Token Model
    • Token Distribution
  • Products & Services
    • Decentralized Genetics
    • Biomedical Testing
    • Electronic Medical Record
    • Interlab Collaboration
    • Request Service
    • Request Genetic Analysis
    • Sample Collection Process
      • Dried Blood Spot
      • Buccal Swab
      • Fecal Matters Stool
      • Urine Clean Catch
      • Saliva
  • Getting Started
    • How to Bridge Your $DBIO and $USDT to the DeBio Network Appchain
    • How to Install Metamask
    • How to Get Free Testnet Token on Rinkeby
    • How to do Wallet Binding on DeBio
    • How to Provide $DBIO/$NEAR Liquidity on Ref Finance and EarnĀ $REF
  • Complete Guidelines
    • User Guideline
      • Generate Account
      • Connect Wallet
      • Request Test
      • Data Bounty
      • Request Service
      • Request Genetic Analysis
      • EMR
      • Upload & Encrypt Data
    • Lab Guideline
      • Generate Account
      • Connect Wallet
      • Register Account
      • Process Order (Request Test)
      • Provide Service
    • Genetic Analyst Guideline
      • Generate Account
      • Register Account
      • Process Order (Request Genetic Analysis)
      • Download & Decrypt Data
      • Upload & Encrypt Data
    • Hospital Guideline
    • Doctor Guideline
  • Developers
    • Github
    • Changelog
      • Debio Frontend
      • Debio Node
    • Back End
      • Endpoints
    • Front End
      • Introduction
      • DeBio Techstack
        • Packages
      • Reference
  • Community Channels
    • Telegram
    • Discord
  • Social media
    • Facebook
    • Twitter
    • Medium
    • Instagram
    • LinkedIn
  • Appchain
    • Appchain Function Spec
  • Legal
    • Terms and Condition
      • TnC - Genetic and Biomedical Testing Services for User and Lab
      • TnC - Genetic Analysis Services for User
      • TnC - Genetic Analysis Services for Genetic Analyst
    • Terms of Token Sale and Use
    • Privacy Policy
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  • Mainnet Coin (stable coin, etc)
  • Validator & Transaction Rewards ($DBIO)

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  1. Tokenomics

Token Distribution

PreviousThe Token ModelNextDecentralized Genetics

Last updated 1 year ago

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The token distribution will be divided into 5 parties: The community, app chain validators, the DAO, the investors and the DeBio Network team. Each owning a lesser percentage than the last. Both community and app chain validators will receive a total of 50% of the pie, while the team behind the project will only receive 12.5%.

There are 4 rounds for investments in the DeBio project with a total sum of 17.5%. As of today, the DeBio Network team has finished two investment rounds giving away 7.5% of the stake to both angel and seed investors.

Mainnet Coin (stable coin, etc)

The Mainnet coin will be backed by a stable coin. We decided to use a stable coin because the Mainnet coin is intended to be used for transactional purposes, or fees for work being done by the corresponding labs. We are intending to use USDT, USDC, and USDT.e as our stable coin. Governance Token ($GBIO) Governance tokens are intentionally made for the labs. Because The DeBio Network is essentially a decentralized organization, the labs would need a token to be used for voting in the DAOGenics marketplace. The Governance Token can also serve as a method for lab onboarding.

Validator & Transaction Rewards ($DBIO)

The Validator Token is used to incentivize the node owners to validate transactions and protect the dApp from unauthorized users. The intended incentives provided for validators are LP rewards and Governance tokens.