Learn · Economics
VirtEngine Tokenomics: Supply & Rewards
VirtEngine's proposed economic model recognizes sustained, unique verified identity while retaining a conservative staking component for network security. Parameters are governance-controlled and may change before or after launch.
Initial and maximum supply
Initial supply is 0 tokens. New tokens are issued only when unique human identities are verified. There is no fixed maximum supply or hard cap: issuance follows verified human participation and continues as new identities are verified and the human population grows.
The Foundation-controlled genesis account starts with zero tokens; its allocation comes from eligible VEID issuance batches, not a premine. Staking rewards do not independently authorize new token issuance.
Identity-led allocation
When an account reaches the network-defined threshold for a unique verified identity, the protocol may unlock token minting to that account over time. The threshold is based on the network's score, tier and anti-Sybil rules; it is not a guarantee of an individual allocation.
The current working illustration is a 50-year accrual period with a quarterly sign-in activity check. An account that is not active pauses future minting until it again meets the protocol rules. The threshold, activity definition and duration can be changed by consensus.
Foundation allocation
Each 15-token VEID issuance batch is split between eligible active verified humans and DETIO FOUNDATION LTD: 14 tokens are allocated to eligible humans and 1 token is allocated to the Foundation-controlled genesis account. This is not an additional token on top of the 15-token issuance batch. The Foundation operates its websites and reference services, while VEID itself remains decentralised technology operated by participating validators rather than the Foundation.
The 1-in-15 Foundation genesis allocation is a governed policy parameter and can be updated through consensus in the future.
Staking remains, at a lower level
Validators and delegators continue to receive staking rewards for contributing to security. The proposed staking reward allocation is roughly 90% lower than in the previous model. Rates, commission, unbonding and slashing terms are governed parameters; they are not fixed yield or return promises.
Governance, not a central operator
The Foundation does not operate a central VEID identity service. VEID is protocol technology that eligible validators can join and operate under the network rules. Consensus governs economic parameters, including the identity threshold, user-allocation terms, Foundation ratio and staking schedule.
How to read this model
This is the proposed model for the March 2027 MainNet launch window, not a token offer or a promise of allocation. TestNet is planned for January 2027, but TestNet parameters, tokens, and state are pre-production and are not guaranteed to carry into MainNet. Final parameters and any later amendments should be checked against published governance decisions.
Proposed parameters at a glance
- Initial supply: 0 tokens
- Maximum supply: no cap; issuance follows verified human identities and population growth
- Identity allocation: network-defined unique-identity threshold
- Activity: illustrative quarterly sign-in requirement
- Accrual horizon: illustrative 50 years
- Per 15 issued through VEID: 14 to eligible humans, 1 to the Foundation genesis account
- Staking reward allocation: proposed at roughly 90% lower than the prior model
- All parameters: amendable through consensus
Asked about tokenomics
Is there a fixed maximum supply?
No. New tokens issue only as unique human identities verify, and continue as the verified population grows — supply follows participation, not a schedule.
What is the 50-year illustration?
The working illustration for allocation accrual: a 50-year horizon with a quarterly sign-in activity check. Inactive accounts pause future minting until they again meet the protocol rules — and the threshold, activity definition, and duration can all change by consensus.
Does the Foundation get a premine?
No. The genesis account starts at zero; its allocation comes from eligible VEID issuance batches — 1 token in each 15-token batch — a governed parameter updatable through consensus.