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LOVE9 economics

Last updated: 08/27/20262 min read

Label: PROPOSED for every number on this page, without exception — the current constitution engraves no number at all (see The only thing engraved permanently at the end). The numbers were drafted by the founding group and are voted on by the community; each period's genesis turns them into an opening record, not into permanent law. They are not commitments, not an offer, not investment advice. The cheapest door for changing a number here is before genesis — see How to read this document.

LOVE9 is the native token of the 9Chain network — the project's public Layer 1. It is entirely separate from customer chains' fuel tokens, and is never a condition for a customer chain to operate.

Three token layers, never to be confused

LayerTokenRoleTransferable
InfrastructureLOVE9distribution from the endowment, staking, governanceYes
Fuela nominal gas tokenquota accounting against abuseNo
Assetstokens created by issuersreal-world assets, stablecoins, productsThrough the compliance gate

And one thing that is NOT among those three layers: community points. The project's community platform records contributions with a points system, not with the network's token. Points do not live on chain, cannot be staked, cannot vote, and whether points convert into anything at all is LEFT BLANK — nobody has decided. This is the easiest confusion in the whole document because the two things have similar names, so it is said once, plainly: anyone who guarantees you a conversion rate from points to tokens is putting words in the project's mouth — nobody has decided that.

Figure 26 — Three token layers, and one thing deliberately placed outside all three. The dashed path is the most easily confused point in this entire document.

In short: these three token layers must never be mixed, and the thing outside all three — community points — is where misuse is easiest. Anyone promising you a fixed rate from points into tokens is putting words in the project's mouth: nobody has decided that.

In this part

PageWhat it answers
The allocation tableFive items, and what the chain does not enforce
The endowment, the rhythm and the feesHow anything leaves the endowment

Next: The allocation table — Five items, and what the chain does not enforce