Distribution Chart
Last updated
Last updated
Enphyr’s native token, ENP, provides the means for the Enphyr community to vote on change proposals to Enphyr and for ongoing development of the Enphyr ecosystem. The initial max supply is 10,000,000,000 ENP. The max supply is capped and the protocol uses burning mechanism to ensure it is long term deflationary in nature. ENP will have four utilities:
To incentivise validators to correctly operate Enphyr nodes and provide a reliable service.
Holders of ENP can stake and receive rewards.
For community to vote on proposals for changes to Enphyr via a governance model.
To fund and incentivise the ongoing development of the Enphyr ecosystem via
development opportunities.
The allocation of ENP aims to reward participation in Enphyr. The largest allocations are for the community, third-party integrators and developers building on top of Enphyr so they can grow and succeed together with us.
