5. INCOME Token Design
INCOME Token
The $INCOME token serves as the primary means of exchange within the Income Layer ecosystem. It plays a vital role in maintaining liquidity, distributing UBI, and enabling governance participation.
Token Name: Income Layer Symbol: INCOME Max Total Supply: 315,000,000,000,000 (aligned with the Global Financial Debt in Traditional Finance) Initial Circulating Supply: 1-10%
INCOME Economy Structure
Transaction Tax (10%) The 10% transaction tax applied within the INCOME ecosystem is aligned with the global average personal income tax rate, ensuring fairness and sustainability. This tax supports the establishment and expansion of the network, as well as the publicity needed to maximize its ability to generate higher yields over time.
The tax allocation is designed to fuel growth, strengthen infrastructure, and create long-term value, based on global personal income tax benchmarks as outlined by Trading Economics.
The tax is distributed as follows:
Liquidity (4%) 4% of the transaction value is directed toward liquidity, maintaining stable and efficient market operations.
Burn (2%) 2% of each transaction is permanently burned, reducing the total supply over time and increasing token scarcity.
Ecosystem Rewards (2%) 2% is distributed as Universal Basic Income (UBI) through Income Nodes to Node Champions, incentivizing participation and growth within the ecosystem.
Governance/Treasury (1%) 1% of transactions contributes to governance and ongoing development of the ecosystem, ensuring long-term sustainability and innovation.
Marketing (1%) 1% is allocated for marketing efforts to promote the ecosystem, attract new participants, and grow the node base, thus enhancing the visibility and reach of the platform.
This structured tax system not only ensures the continuous development of the INCOME Layer ecosystem but also aligns with global economic principles to create a stable and sustainable token economy poised for growth.
Key Functions
Renounced Ownership To promote fairness and trust, the ownership of the smart contract is renounced, making the contract fully community-driven.
Public Trade Toggle Trade activation is controlled by the community, ensuring price integrity. Once trade is enabled, it cannot be disabled, promoting a fair, open, and active market.
Official Burn Mechanism / Deflationary Unique to the platform, this on-chain mechanism reduces token supply over time, creating a deflationary effect and addressing institutional requirements for transparency and long-term value preservation. This is done contractually, which officially removed the token supply out of existence over time - in other words, not using a burn address.
No Future Minting With a fixed total supply of 315 trillion tokens, no future minting is possible. This design prevents inflation and protects the long-term value of the token, aligning with the goal of offsetting global financial debt.
Strategic Balance: Liquidity and UBI Distribution
A key principle in the INCOME Layer tokenomics is maintaining a 2:1 ratio of liquidity generation to UBI distribution. This ratio ensures maximum input and minimum output, providing a stable market while delivering ongoing earnings to participants. The 2% deflationary burn rate is designed to reduce supply as transaction volume increases, but it is strategically secondary to liquidity generation, which ensures immediate market stability.
Marketing and Treasury Allocations These allocations work in tandem to create buying pressure through strategic buybacks, promote ecosystem growth through sustained visibility, and generate increased transaction volume. The ultimate goal is to drive cyclic growth and long-term sustainability for the INCOME Layer ecosystem.
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