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Update Token-economics.md #133

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Dec 11, 2023
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11 changes: 5 additions & 6 deletions docs/basics/tokenomics/Token-economics.md
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Expand Up @@ -8,23 +8,22 @@ title: Token Economics
Participants within the Subsocial ecosystem will need to acquire Subsocial tokens in order to
interact with the platform. The following list outlines typical groups of people who will want tokens:

- Users will be required to spend tokens to perform transactions, or to burn tokens to generate energy to perform transactions
- Users will be required to use tokens to perform transactions, or to burn tokens to generate energy to perform transactions
- Developers of applications that wish to improve the UX of their application by paying the token fees for their users
- Content creators can use tokens to get their content promoted
- Users staking towards their favorite content and application creators to help curate the network and get rewarded
- People who want to participate in governance need tokens (this is to shape the development of the
Subsocial ecosystem in a decentralized way)
- Users who want to get access to special content (private spaces)
- Collators need tokens to run a collator node for the Subsocial parachain
- Dapp staking to incentivize developers
- Users who wish to purchase social tokens may need Subsocial tokens
- Staking to creators *(this idea is not finalized)*

## Supply – who will be rewarded by the network?

There are certain participants within the network, known as collators, who produce blocks for the network,
therefore these participants will be rewarded with Subsocial tokens.
Developers of new applications running on the network may also be rewarded via Dapp staking.
Both of these will be a form of inflation paid out from the block rewards. The treasury will also be funded by this inflation.
Creators of new content and applications on the network may also be rewarded via Creator Staking.
Both of these, along with the treasury, will be rewarded via inflation, which is currently 1.58%.

We have also considered whether the following actors within our ecosystem should be rewarded with
native Subsocial tokens, but may put the emphasis on these actors creating their own tokens on
Expand All @@ -44,12 +43,12 @@ these features are still in development.

- Performing transactions
- Creating energy
- Creator Staking
- Content monetization
- Tips
- Subscriptions
- Pay-Per-View
- Selling or renting out your spaces or posts
- Dapp staking
- Deploying smart contracts
- Minting social tokens
- Voting in governance
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