Gemini

Percakapan dengan Gemini

Buat tokenomik koin moncaster pepaduan antara Farcaster dan monad

Buat dalam bahasa Inggris

This is a conceptual tokenomics model for Moncaster ($MONCAST), a hypothetical coin combining the decentralized social layer of Farcaster with the high-performance Layer 1 blockchain capabilities of Monad.

The goal is to create a fast, scalable, and decentralized social network where the native token is essential for both network security/transactions (Monad aspect) and core social protocol functions (Farcaster aspect).

Moncaster ($MONCAST) Tokenomics Overview

Feature Detail Rationale

Token Name Moncaster Blend of Monad and Farcaster

Ticker $MONCAST Clear identification

Blockchain Monad L1 (EVM-compatible, high throughput) Leverages Monad's speed and scalability for a smooth social experience.

Total Initial Supply 100 Billion $MONCAST Standard large supply for high-volume, low-cost micro-transactions typical of social platforms.

Protocol Type Utility, Governance, and Staking Token Essential for platform operations, security, and future direction.

Inflation/Deflation Inflation: Modest block rewards for validators. Deflation: Protocol fees (e.g., account creation, storage fees) are partially burned. Ensures network security while balancing supply with platform usage.

🛠 $MONCASTER Token Utility

The token has dual utility, reflecting its hybrid nature:

Utility Category Function/Mechanism Rationale

1. Network Security (Monad) Staking: Validators must stake $MONCAST to secure the Proof-of-Stake (PoS) network, process transactions, and earn staking rewards (inflation + transaction fees). Secures the Monad L1 layer underlying Moncaster

2. Transaction Fees (Monad) Gas: Used to pay for all transactions on the Moncaster chain (e.g., publishing a "cast," following, profile updates). Ensures the network is spam-resistant and transactions are prioritized.

3. Protocol Use (Farcaster) Protocol Fees: Users must pay a small, annual fee in $MONCAST (or stablecoins converted to $MONCAST and burned) for account registration and base storage quota. Prevents spam/sybil attacks and funds ongoing protocol development, similar to Farcaster's early model