# 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
#### 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.*