Utility
Token Usage

Token Details

    Name: Eden
    Symbol: EDEN
    Decimals: 18
    Address: 0x1559fa1b8f28238fd5d76d9f434ad86fd20d1559

Token Utility

EDEN Token is the primary coordination unit of the network
Functionally, EDEN is the unit used to conduct the continuous auction for claim to priority blockspace, and provides users access to private relayer.
Economically, it serves two important purposes:
    1.
    EDEN tokens are the unit used to conduct the continuous auction for claim to priority blockspace, and provides users access to private relayer.
    2.
    EDEN tokens are burned on a daily basis under the Harberger tax imposed on slot tenants to ensure that there is a frequent rotation of top addresses, creating a constant demand for EDEN tokens

Supply Schedule

The total supply of EDEN is set at a maximum of 250,000,000 tokens. The inflation parameter is given by the following curve
max⁑{(5.595Γ—106)βˆ’(1.5Γ—106)Γ—(log⁑M1.797),0}\max \left\{ \left( 5.595 \times 10^6 \right) - \left( 1.5 \times 10^6 \right) \times \left( \log M^{1.797} \right), 0 \right\}
Monthly inflation is distributed as follows:
    Block Producers: 60%
    Liquidity Providers: 30%
    Eden Treasury: 10%
Last modified 2mo ago