Tokenomics & Utility
Overview
Token: VEY
Max Supply: 100,000,000 VEY
Blockchain: Base
45%
Liquidity & Ecosystem Pools
20%
Time-Based Burn Mechanism*
10%
Development Fund
10%
Marketing & Growth
5%
Team
5%
Node Incentives
5%
Strategic Partnerships
*Veyra includes a fixed deflationary schedule where 1% of the total token supply is burned every month. This creates a predictable and transparent reduction in circulating supply, removing 12% of supply annually through scheduled burns. By making the burn automatic and time-based, scarcity is guaranteed regardless of market activity or adoption pace, ensuring long-term value alignment for token holders.
Utility
Veyra’s token utility is built on deflation and real usage. Domains are at the core: every purchase made in VEY is fully burned, while premium auctions also burn 100% of bids. If domains are bought in ETH or stablecoins, the protocol performs a buyback-and-burn, ensuring every sale reduces supply.
Hosting and nodes extend this design. Operators must stake VEY to provide storage and uptime. Honest nodes earn stablecoins and VEY rewards, while dishonest ones are slashed, securing the network.
Incentives come from hosting revenue. A share of stablecoin income is distributed to token holders, while the rest goes to the treasury to support ecosystem growth and infrastructure. Bonus VEY rewards are given to node operators, mirrors, and gateways, rewarding active contributors.
Deflationary mechanics layer on top. All domain purchases burn VEY, hosting revenue drives buyback-and-burns, treasury buybacks create additional scarcity, and a time-based burn pool permanently removes supply at fixed intervals.
Together this creates a self-reinforcing cycle: users buy domains and VEY is burned, developers deploy apps and nodes stake VEY to host them, growing demand strengthens the network, stablecoin revenue flows into the DAO for buybacks, circulating supply shrinks, and token scarcity increases. This ties VEY’s value directly to adoption and long-term ecosystem growth.
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