Analyzing the ₩EE token persona from insight out.
A token's anatomy.
Different from many crypto assets out there, WEE value increase is not a consequence of inflation. Moreover, it will be the result of the sum of individual investments done in WEE through the individual funding of thousands of real economy-related endeavors. Therefore, forcing inflation to improve WEE market value is not a sounding strategy.
The WEE inflation model cannot be calculated beforehand. It will respond to market conditions in a very dynamic way. The calculation of the inflation level is a fact instead of a forecasted vision. It combines a cocktail of previous year CPIs from several domestic markets (80%), with the last three-month average of CPI (20%) from more than 65 markets worldwide. Performance-triggered Tokens may affect WEE value since all of them must be converted to WEE to acquire real value within the network. It is obvious to assume that many PtT coming to be converted might cause inflation due to a supply and demand mechanism. However, most PtTs are part of investment plans that will not cash out all at the same time. The described set of values is added to a proprietary algorithm that will make it difficult for someone to smart-out the system.
No mined assets will be burned. Funds will not be removed but transferred back to Treasury to remain within the calculations of total WEE supply. It is, however almost impossible that a WEE gets issued without a properly registered owner since mining is the only way to acquire them.
What will be the total supply then?
Since the issuance is based on mining, the supply will expand as more activated cycles are mining, and additional miners will join the network. The supply allows WEE to be distributed by categories.
The predetermined WEE token classes are a) True, and b) Foundational.
a) True tokens are those WEE-centric that behaves as a payment method for profit initiatives operating under the dApps Hub space.
b) Foundational are quasi-tokens for internal use. They carry a WEE reserve that will be under the custody of the Walletever Treasury Reserve, WTR, to cover the natural dynamics of the network operations such as inflation, dividends, and interest rates accrued by miners' funds locked in asset growth term programs.
The process of having assets under reserve will allow WEE to keep its value while maintaining liquidity to respond to any adverse situation that may impact the investments of miners and stakeholders associated with the ecosystem.
The Walletever Treasury Reserve, WTR, will be under the management of the Endowment, and it is an operation financed with funds that 1) were not allocated due to CEOs desertions during any given Cycle; 2) network operations —including node management; 3) dividends coming from internal and outside investments done on behalf of the network, plus 4) fees, and 5) some IP-related income.
The Endowment will fund operations and the development of the entire platform by issuing a license to miners that are going to be acquired through fiat and crypto-assets as well. In the beginning, a donation process must generate the first round of funding after bootstrapping. Donations are more oriented to feed open funds for specific projects more than to finance Walletever development.
The Endowment will operate more flexibly during the first two years since it must create the funding needed to cover development expenses —including overhead and working-capital; marketing budget, and the remain operation-related costs to run the project, such as bounties and translations.
Circulating supply is the proper term to determine the amount of WEE in the hands of consumers, enterprises, and intermediaries. The number of minted WEE that will be used to invest, as a method of payment, as savings. The circulation will increase as new actors are joining the network over time.