Announcing Lnfi Community-Driven Tokenomics
It’s been over a year since Lnfi Network’s (formerly NostrAssets) soft launch in October 2023, and the journey has been nothing short of extraordinary. Together with our incredible community, we’ve achieved several key milestones:
- Onboarded over 350,000 users to the Lightning Network and Lnfi.
- Became the largest Lightning channel partner for Binance and OKX, and ranked as the 11th largest Lightning node globally.
- Conducted the largest airdrop event, with a per-address value exceeding $20,000 with TREAT, TRICK, and NOSTR tokens in 2023.
- Established the largest peer-to-peer marketplace for Taproot Assets, facilitating trades amounting to nearly 2,000 BTC to date.
- Reached a daily trading volume of $10 million in USDT-margined perpetual contracts on the soft-launched LN Exchange.
None of this would have been possible without the unwavering support and enthusiasm of our community. Today, we’re thrilled to unveil more details about our tokenomics — a critical step toward building a sustainable and inclusive ecosystem.
Your feedback is invaluable as we refine this proposal, which remains subject to adjustments at the team’s discretion.
Lnfi Network Tokenomics: Fueling a Community-Driven Ecosystem
At Lnfi Network, our tokenomics are built to prioritize the community and be future-proof. A substantial 60% of the total token supply is allocated to the community, embodying our commitment to a community-powered flywheel model. This strategic design ensures sustained growth and innovation within the Lnfi ecosystem, empowering users and stakeholders over the long term. A share of Lnfi’s total supply will be liquid at mainnet launch, with the remaining tokens vesting over the coming years or distributed as future stake reward subsidies.
Below outlines the details of each category:
COMMUNITY (60.00%) -
Pre-Launch Trade Mining Rewards + Airdrop (10%):
Starting from November 25, 2024, we will launch the third phase of the LN Exchange Points and Rewards Program. This marks the most critical participation period ahead of LN Exchange’s official launch. At the same time, we will introduce the Community Partner Program (details will be made public on November 25). We also plan to allocate a larger allocation to this group. Additionally, the Airdrop portion will primarily target the community, partners, promoters, contributors, and other relevant participants. Specific rules will be announced prior to the official launch of LN Exchange.
Trade Mining Rewards:
Encourage active trading on the LN Exchange (post-launch) by rewarding users for trading in spot and perpetual markets. A portion of the Trading Mining Rewards tranche may be airdropped to other affiliates.
Channel Mining Rewards:
Incentivize users who have onboarded to Lightning, provided liquidity, and self-custody their own assets with LN nodes.
PayFi Mining Rewards:
Incentivize payment activity on the Lightning Network to promote global adoption of Lightning.
$TREAT Token Swap:
$TREAT tokens will be exchanged for a portion of the Community tranche.
- The Token Swap will take place at the TGE (Token Generation Event) of Lnfi’s platform token.
- The Token Swap Rules will be announced at the time of the TGE.
- There is a huge uplift in the token utility after the swap. Post-swap, token utility functionality will expand beyond solely supporting LN Starter to encompass the entire Lnfi ecosystem, including LN Exchange, LN Node, PayFi, and more.
STRATEGIC RESERVE (6.25%) -
Tokens allocated to fund ecosystem activities that are aligned with Lnfi’s mission.
INVESTORS (11.75%) -
Tokens have been allocated across key funding rounds — Pre-seed, Seed and Public to support Lnfi’s growth and vision. Our announcement on completion of the Pre-seed funding round can be found here.
TEAM & ADVISORS (22.00%) -
Tokens allocated to Lnfi’s team members and advisors are subject to a lock-up period of 12 months from the TGE, followed by a 48-month vesting schedule to ensure a long-term commitment.
Token Value Accrual
By staking the token, the token owner will be entitled to 50% of the trading fees generated by the LN Exchange. This creates a fundamental value for the token.
We welcome any feedback on our tokenomics and look forward to hearing your thoughts.