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Intro

Welcome to the TFGrid 4 Economics community e-book.

This document outlines the proposed changes to the ThreeFold Grid and the utilization of its Token (TFT) and introduces a new liquidity framework designed to create sustainable value for all participants.

Purpose​

This plan is a living document created to:

  • Share the proposed token economics and liquidity mechanisms
  • Acknowledge areas that still need refinement
  • Invite community feedback and discussion
  • Foster transparent collaboration on the future of ThreeFold's token system

What This Plan Covers​

The transition plan introduces several interconnected concepts:

  • Implementation Status & Roadmap: Current progress on marketplace features, infrastructure, and timeline
  • Dual Token System: TFT as a tradable asset and Cloud Credits (CC) as a stable utility token
  • Node Economics & Pricing: Detailed specifications, income projections, and ThreeFold's capacity commitments
  • Marketplace Mechanics: How users interact with the system, including swaps and liquidity pools: TODO
Work in Progress

This plan represents our current thinking but is not finalized. We are actively seeking community input to refine and improve these mechanisms.

Open Questions & Gaps​

We acknowledge there are still important decisions to be made and gaps to fill. Your feedback on these issues is particularly valuable:

Key Areas We're Seeking Feedback On:​

  • Entry Price: Should the fixed TFT to CC conversion rate be 1 or 2 TFT per CC?
  • Peg Currency: Should Cloud Credits be pegged to gold (1/1000 gram) or USD?
  • Liquidity Pool Parameters:
    • What should the maximum exit percentage per period be?
    • What minimum discount is appropriate for Dutch auction exits?
  • Gaming Prevention: Are there scenarios where the system could be exploited that we haven't addressed?
  • Farmer Liquidity: What's the right balance between stability and operational liquidity for farmers?
  • Migration Strategy: How should we transition from v3 to v4 in the fairest way possible?
  • Exit Restrictions: When TFT market price is low, what exit rules best protect the system while serving farmers?

How to Provide Feedback​

What Happens Next​

  1. Community Review: We want your feedback on the concepts, parameters, and any concerns you have
  2. Refinement: Based on input, we'll update and clarify the plan
  3. Community Call: Interactive session to discuss and answer questions
  4. Finalization: Incorporate feedback and prepare for implementation
Get Started

Ready to dive in? Start with the Token System to understand the foundational architecture.

This is a community-driven initiative. Your participation helps shape the future of ThreeFold's token economics.