Emission model

Page.Token tokens will be generated when creating posts and comments in the amount proportional to the amount of gas spent on writing such posts and comments. The ratio of the gas cost and the Page.Token cost will be determined based on the Page.Token price on a decentralized exchange of this blockchain, as described in the Integration with DEX section .

Generating tokens when creating posts

When writing posts, the amount of tokens generated by the system will be determined based on the rules set by Page.DAO, and if such a token is generated for further ownership by the Page.Community community, it will be managed according to the rules of the community to which it was transferred. The rules describe:

• The percentage of tokens that will be transferred to the content creator. It should be noted that when reposting, the creator of the content is the original creator of it. When creating a new post, the creator will be the user who creates the post.

• The percentage of tokens that will be transferred to the content owner. When creating a post for themselves, the user initiating the transaction becomes the owner of such a post and receives Page.Token tokens. When creating a post for the community, the community becomes the owner of such a post and receives an appropriate share of tokens.

• The percentage of tokens that will be transferred to the treasury of the Page.Treasury project for the development and support of the system.

The sum of these 3 percentages should never exceed 100%.

Generating tokens when creating comments

When creating comments, the number of tokens generated by the system will be determined based on the rules set by Page.DAO, and if such a comment refers to a post that belongs to the Page.Community community, it will be managed according to the rules of such a community. The rules describe:

• The minimum percentage of tokens transferred to the author of the post for which a comment is created.

• The percentage of tokens that will be transferred to the treasury of the Page.Treasury project for the development and support of the system.

The sum of these 2 percentages should never exceed 100%.

When writing a comment, the user must specify the percentage that will be transferred to the author of the post for which the comment is being created, which cannot be less than the minimum established percentage of tokens for the author of the post. After transferring a percentage of tokens to the author of the original post and to the Page.Treasury treasury, the remaining generated tokens are transferred to the owner of the comment (i.e. the user who created it). It should be noted that Likes/Dislikes are also considered as comments, and this is the reason why we do not rigidly fix the percentage of tokens for the author of the original post, but only set a minimum percentage level for such an author. It is not very reasonable to transfer the award to the author of the post if it got a dislike.

Calculation of the generated tokens

In addition to the cost of the token (determined with DEX, such as Uniswap), the system takes the reputation into account (the number of Page.SoulBound for users receiving Page.Token tokens), in order to increase the payout for users with a good reputation (who created a lot of posts or received a lot of likes), and reduce it for users with a bad reputation (the number of posts` dislikes).

Additional emission

At the start of the project, 50 million Page.Token tokens will be created and transferred to Page.Treasury for the project development.