A project's token model often reflects its true value orientation. When you dissect the token design of a certain storage protocol, you'll see a thought-provoking economic framework.

The total supply of this project's tokens is 50 billion. How is it allocated? The most interesting figure is this: 43% goes directly to the community reserve for ecosystem incentives and long-term operations. In comparison, user airdrops account for 10%, and investor shares only 7%. This allocation structure indicates a key point — the majority of value growth is reserved for ecosystem participants rather than early financiers.

From a functional perspective, this token serves three roles. First is the payment function; users need it to pay for storage fees, which are extremely low (about 0.2 tokens per GB per year). Second is security; by staking to participate in network consensus, users can earn annualized returns of 8-15%. Third is governance weight; holders can vote on core matters such as storage fee adjustments and node parameters.

An interesting aspect is the deflationary design. Short-term staking penalties, penalties for inefficient nodes, and other network operations will directly destroy tokens. As usage increases, this destruction pressure will persist, theoretically providing endogenous support for the token's value.

The project has already launched the first batch of airdrops, distributing 4% of the total tokens via NFTs to test participants and active community members. More incentive plans will be introduced later. This mechanism design is worth noting — it allocates participation rights and profit rights more to builders rather than pure financiers.