📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Token $C: Economics, Utility and Incentive Mechanism
C is the native token of the Hyperdata Network developed by Chainbase, serving as the "economic glue" that connects the entire ecosystem. It acts both as a means of payment and as a tool for coordinating interests between data consumers and data providers. According to the whitepaper and media publications, C has the nature of being both a utility token (utility token) and a coordination instrument (coordination instrument), facilitating activities such as access, staking, and governance.
Applications and agents will spend C to perform high-priority, low-latency queries or subscribe to data on specific topics. This helps ensure a fast, stable data flow for real-time requirements. Rewards for operator )Operator Rewards(
Indexers and node operators receive C based on uptime ), accuracy, and throughput (. This is a direct incentive mechanism for them to maintain and improve the quality of data infrastructure services. Governance & Allocation )
Token holders have the right to participate in voting to adjust network parameters, while also receiving community airdrops to encourage early developers and builders to join the ecosystem. 2. Tokenomics and Allocation Strategy According to public information, C has a limited supply and prioritizes allocation for: Rewards for operator (operator rewards)Incentives for developers (developer incentives)Sustainable development fund for the protocol (protocol sustainability) Chainbase announces plans to implement strong incentive programs such as: Operator Staking: a staking mechanism to ensure commitment and quality from operators. Airdrop Seasons: airdrop seasons to expand the community and attract new users. Developer Grants: funding for application development teams, increasing the demand for data. These design choices aim to achieve a balance between rapid network growth and the ability to hold long-term value of the token. 3. New Economic Model for Developers and Operators For the development team (Dev Teams):
Instead of paying a fixed cost according to the traditional SaaS model, teams can utilize a common layer of tokenized data. This model helps to clarify costs, optimize budgets, and offers more flexibility in scaling applications. For operators and validators:
Creating a recurring revenue stream linked to data query demand. This transforms the provision of data infrastructure into a profitable and sustainable activity. 4. Sustainable Economic Loop If implemented effectively, the mechanism of C can maintain a decentralized indexer market that ensures performance while encouraging all participants. This loop includes: The demand for data queries generates fees of $C. This fee becomes a reward for operators. The quality of data increases, leading to a continued rise in demand. The value and utility of C are reinforced over time. ♡𝐥𝐢𝐤𝐞💬 ➤ @ChainbaseHQ #Chainbase