Controls on inflation rate

Each RAIR used onchain will generate new tokens sent 50% to the payer of the activity, and 50% to the development fund on an exponentially decreasing emissions curve.

Users will only be able to receive rewards to an address that has a staked RAIR license. E.g. RAIR must be burned into a soul bound NFT to accrue rewards.

Effectively this will create 3 periods of RAIR distribution.

  • An initial inflationary "mining" period where incentives are in place to generate more RAIR than it costs perform onchain activities

  • An equilibrium period where is effectively "free" to use onchain

  • And a final reduced rewards period where a terminal inflation rate takes over to incentivize ongoing development of the project at a sustainable level

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