0xadd403e9…f2efsent to0x467d66b9…4bf7·#24,875,335·view on Etherscan
EPOCH TOKEN
- Primary token, EPOCH, that generates trading fees
- Weeklys sealed bid uniform clearing auction for a new Value Flow Token (VFT) with a supply of 100 tokens that can be redeemed for next weeks EPOCH trading fees. This auction style means everyone pays the same price. There is no sniping possible. And VFT subtoken has a floor price equal to 1% of next weeks trading fees.
- Fair auction proceeds are used for buybacks. At the end of the week, the VFT subtoken becomes locked and a new VFT subtoken is issued.
Why:
-Subtoken demand generates capital
-Capital reinforces primary token
-Primary token reflects cumulative system performance over time
-Finite duration of VFT subtokens eliminates perpetual bag holding
-Sealed bid uniform clearing auction pricing reduces extraction and improves fairness
-Settlement against real output creates a valuation anchor
-Recurring issuance forces continuous repricing