Vulcan Protocol
  • About Vulcan Coalition
  • Executive Summary
  • Why Disabilities?
    • Neuroplasticity
  • Etna Lab: Research & Development
    • Vulcan Platforms
      • Value Platform
      • Unity Platform
      • Linkage Platform
      • Collab Platform
      • Academy Platform
    • Text-to-Speech AI
      • Introduction
      • Method
      • Result
  • Vulcan's AI Products
    • Vulcan Edio Book
      • Introduction
      • Solution
    • Home Automation AI
    • Depression Detection AI
      • Introduction
      • Solution
    • AI Fashion Model
  • Learning & Development
    • L&D Overview
    • PWDs' Recruitment System
    • Vulcan Academy
    • L&D Partners
    • Vulcan Data Decentralized Unit (VDDU)
      • Role of ‘VDDU’
      • VDDU Process
      • The largest Data Workforce in Thailand
  • Vulcan Business Model
    • Business Model
    • Use of Funds
  • Tokenomics
    • What is Vulcan token?
    • Token Allocation
    • Proof of Data Quality
      • Data Labeling Quality Control
      • On the Contribution Evaluation and Credit Distribution of a Data Labeling Framework
    • Inflationary Model
    • Vulcan Protocol Ecosystem
    • Demand/Supply Mechanism
    • Pegged Pricing Model (PPM)
    • Burning Mechanism
  • Fundamentals
    • Valuation Framework
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  1. Tokenomics

Burning Mechanism

We focus on reducing supply inflation in the long run in order to make Vulcan token a deflationary asset and protect Vulcan token valuation for investors and holders of Vulcan token.

For the first few years, Vulcan token may be an inflationary asset due to the issuance of Vulcan tokens that will be rewarded to Vulcan Heroes in exchange for their data sets. However, as previously stated, the more high-quality data sets we have, the better our AI model will be, driving greater income and piling up Vulcan Reserve Vault.

Vulcan tokens held in the Vulcan Reserve Vault will be used to purchase Vulcan tokens on the market and burn them in order to diminish the Vulcan token supply. In the long run, Vulcan tokens will be depleted at a quicker pace than fresh Vulcan tokens are minted. Finally, after a few years, the Vulcan token will become a deflationary asset.

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Last updated 3 years ago