13 / 19PROPOSEDA design; nothing here is deployed
TAON token proposal
ProposedPROPOSED. This chapter describes a design. Nothing in it is deployed, approved or running. Charging is off, TAON is not deployed, no TAO reserve exists and no audit has been done.
ARCHIVED PROPOSAL · NOT ADOPTED · TOKEN NOT YET JUSTIFIED
TAON would be the asset of a TAON / TAO market whose eligible-swap fee supplements a TAO reserve that product revenue builds first. It is not the product: the product is routed intelligence, and it works without a token.
- A fixed supply, minted once. No mint afterwards, no transfer tax, no blacklist.
- Version one is reserve growth. Not in version one: staking, claims, holder yield or distributions, automated TAO purchasing.
A fixed supply of 1,000,000,000 TAON, allocated at genesis and disclosed in full, so the team never needs to buy its own launch. No token exists.
ARCHIVED PROPOSAL · NOT ADOPTED · TOKEN NOT YET JUSTIFIED
| Allocation (PROPOSED) | Share |
|---|---|
| Public launch and liquidity | 55% |
| Ecosystem and provider incentives | 15% |
| Team | 15% |
| Treasury | 10% |
| Security and independent audits | 5% |
The team allocation vests: 12-month cliff, then 24 months linear, through a vesting contract that does not exist yet. Designed, not deployed.
- That a fee exists today, or that any volume would reach it.
- Any return, yield or price outcome for anyone.
- That holding a future token would give any claim on TAO, any share of revenue or any yield. See 12 TAO reserve proposal.
- That trading a token creates productive revenue.
- Any staking, or any staking reward. Version one has no staking, claims or holder yield, and no staking reward may be described until a token passes all eight gates. See 12 TAO reserve proposal.
Every state on this page matches Status. Where they ever differ, Status is right and this page is a defect.