Tokenomics
HEU Token
HEU (pronounced as “hue”) is the native token of Heurist Protocol. The maximum supply is 1,000,000,000. HEU token provides a default mechanism to store and exchange value in the Heurist ecosystem. The utilities include:
-
Pay for compute resources
-
Stake to secure the network and earn protocol fees
-
Vote on governance decisions
-
Serve as the gas token for transactions in the Heurist Chain
Distribution
Category | Token Amount | % of Total Supply | TGE Unlock % | Cliff (months) | Total Vesting (months) |
---|---|---|---|---|---|
Season 1 Testnet Miners (11k addresses) | 50,000,000 | 5.00 | 100 | 0 | 0 |
Liquidity | 28,000,000 | 2.80 | 100 | 0 | 0 |
Marketing | 18,500,000 | 1.85 | 100 | 0 | 0 |
Imaginaries NFT Airdrop | 12,845,000 | 1.28 | 100 | 0 | 0 |
Grants Program | 300,000 | 0.03 | 100 | 0 | 0 |
KOLs | 6,500,000 | 0.65 | 20 | 0 | 6 |
Unallocated Grants | 6,855,000 | 0.69 | 0 | 3 | 0 |
Private Angels and VC | 60,000,000 | 6.00 | 0 | 3 | 24 |
Team and Advisors | 150,000,000 | 15.00 | 0 | 3 | 24 |
Mining (Exclusing Season 1) | 500,000,000 | 50.00 | 0 | 3 | 120 |
Protocol Treasury | 167,000,000 | 16.70 | 0 | 6 | 48 |
Initial Distribution
Category | Initial HEU Supply |
---|---|
Airdrop to miners | 50000000 |
Airdrop to Imaginaries | 12845000 |
Airdrop to OG and ZKsync ecosystem | 1000000 |
Grants | 300000 |
KOLs | 1300000 |
Initial Liquidity (DEX and CEX) | 28000000 |
Marketing Reserve | 17500000 |
Dynamic Emission for Compute Providers
50% of total HEU token supply (excluding season 1 testnet mining) are allocated to protocol emissions, designed to ensure the supply of compute resources and attract new community members, similar to Proof of Work (PoW) mining. However, DePIN protocols like Heurist differ from PoW systems in one crucial aspect: the physical resources supplied (in Heurist’s case, GPUs) should match the real demand for these resources. Heurist balance the compute supply with the demand by controlling the protocol emission rate based on protocol revenue, defined as the sum of compute payments from users.
Before the mainnet is activated and a continuous emission is implemented (miners get token rewards per block), we plan to allocate pre-mainnet mining rewards in 3 phases.
Phase 1: (Completed. Rewards already distributed) 50M HEU airdropped to all miners at a snapshot taken at July 19th, 2024. See Season 1 (Ended)
Phase 2: (Completed. Rewards to be distributed in March 2025) 10M HEU airdropped to all miners at weekly snapshots. See Season 2 (Ended)
Phase 3: (In Development) a dynamic amount of tokens (amount TBD) accumulated to all miners in a continuous stream.