# CAI Token

## The Role of $CAI in the Chasm Ecosystem

$CAI is the cornerstone token of the Chasm Ecosystem, designed to support and empower builders, scouts, and all participants within the community. Key aspects of $CAI include:

* **Empowerment and Recycling:** $CAI tokens are recycled to create Expansion Scouts. The required number of $CAI tokens for becoming an Expansion Scout is determined by a bonding curve mechanism.
* **Benefits for Holders:** $CAI holders enjoy various benefits such as discounts, access to exclusive ecosystem services, and potential airdrops from partners and projects.
* **Facilitation of Elections:** $CAI is instrumental in facilitating elections, enabling the onboarding of orchestrators in a Proof of Authority setup.

## Tokenomics

<figure><img src="/files/uPJLDoNIMNgxVwl2DYu8" alt=""><figcaption></figcaption></figure>

#### 1.1 Basic Details

* Token Name: Chasm AI
* Token Ticker: $[CAI](https://www.coingecko.com/en/coins/chasm)
* Total Supply: 1,000,000,000 (1 billion) tokens

#### 1.2 Future and Current Token Utility

* Governance: $CAI holders can participate in network governance decisions
* Access Token: Users can pay $CAI to access different resources available in Chasm Network. (Payment for API/Prompt/Workflow access on Weave Marketplace)
* Reward for Proof of Work (PoW): Miners/validators earn $CAI for bootstrapping the network
* Payment Token: Used to compensate for work done within the ecosystem
* Registration Fee: Scouts must pay a fee in $CAI to register on the network

Note: $CAI will not function as the de-facto currency within the network, but is a possible choice.

### 2. Scout Reward System

#### 2.1 Weekly Reward Pool

* $CAI mining reward pool is 50% of the total supply, or 500,000,000 tokens
* Total $CAI released weekly is scaled based on the amount of nodes present in the system.

### 3. User Payments

#### 3.1 User Payments (future implementation)

* Users can pay inference USD/USDC for consistent billing
* Fiat onboarding solution to exchange USD for USDC

#### 3.2 Payment Calculation

* Scout payment: Based on competitive free market rates
* Orchestrator payment: Cost of Scouts + Routing Cost set by orchestrator

### 4. Potential future implementations

#### 4.1 Network Fees

* Potential fixed-cut tax on network payments
* Additional small fees for various network usages

#### 4.2 Priority Queue System

* VIP system for high-performing scouts
* Entry requires burning, recycling, or staking $CAI
* Provides access to a limited queue for top server status and increased job opportunities

### 5. Summarized Token Release Schedule and Distribution

* Investors Allocation: 15% (6 months cliff, 2 years vesting)
* Team: 20% (1 year cliff, 3 years vesting)
* Treasury: 15% (Unlocked via DAO voting)
* Scouts: 50% (Released via mining emission)

*Note: The tokenomics are subject to potential changes.*


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