AIRO Credits

Ticker: $AIRO; Total Maximum Supply: 250.000.000 $AIRO; Blockchain: Moonchain

1. AIRO Stations Rewards - 80% = 200,000,000 $AIRO

Released over 10 years.

2. TOKEN SALE- 8% = 20,000,000 $AIRO

IEOs, IDOs and Launchpads for a successful market entry.

3. liquidity - 5% = 12,500,000 $AIRO

Network stability and ease of trading

4. marketing and promotions - 4% = 10,000,000 $AIRO

Airdrops, Contests, Partnerships

5. Team - 3% = 7,500,000 $AIRO

2 Year Cliff, 2 Year Vesting.

6. advisors - 1% = 2,500,000 $AIRO

1 Year Cliff, 1 Year lock-up

Summary of Distribution

  • Mining Rewards: 200,000,000 (80%)

  • Founders and Team: 7,500,000 (3%)

  • Liquidity: 12,500,000 (5%)

  • Marketing and Promotions: 10,000,000 (4%)

  • Advisors: 2,500,000 (1%)

  • Token Sale: 20,000,000 (8%)

Token Utility

A) Steaming Your Air Miner

Steam ensures your miner maintains optimal performance, balancing withdrawals with regeneration to maximize rewards. For details on Steaming, please refer to the dedicated Steaming page

B) Profit Sharing

A portion of the net profits will be shared with users who stake $AIRO tokens. See more in Profit Sharing.

C) Governance

$AIRO holders can submit and vote on proposals, ensuring community-driven governance.

D) Staking

Staking $AIRO can be done through the miners’ dashboard or different pools for a fixed APR.

E) Payment for Services Within the Network

Subscriptions paid in $AIRO offer a 20% discount compared to fiat prices. $AIRO can be used for various services including AIROMAP Subscription, historical air quality data, and alerts for allergens, tornadoes, and wildfires.

F) Native Currency for WEX.CX

$AIRO will be the primary currency for WEX.CX, used for trading fees, staking, and governance.

G) AIRO Merchandise

$AIRO can be used to purchase exclusive merchandise from our store, including apparel, electronics, gadgets, and memorabilia.

H) Payment within the AIRO Gaming Ecosystem

$AIRO will be used as the primary currency in our gaming ecosystem, including basic games and the Elementals Metaverse.

The Community Initiatives Pool

To support and enhance the AIRO Network, with the $AIRO funds we receive back from the community the following community initiatives will be established, focusing on air quality and environmental innovation:

Grants

  1. Clean Air Innovation Grant: Funding for startups and researchers developing new technologies to monitor and improve air quality.

  2. Green City Solutions Grant: Support for urban projects that aim to reduce pollution and enhance air quality in metropolitan areas.

  3. Educational Outreach Grant: Funds for educational programs and materials to raise awareness about air quality and environmental health.

Hackathons

  1. AIRO Air Quality Hackathon: An event for developers to create innovative applications and tools using AIRO’s air quality data.

  2. Smart Cities Hackathon: Focused on integrating air quality monitoring solutions into smart city infrastructure.

  3. Environmental Data Science Hackathon: Encouraging data scientists to develop predictive models and analytics tools to better understand and forecast air quality trends.

These initiatives will help foster innovation, engage the community, and contribute to the overall mission of improving air quality and environmental health.

The Burn Mechanism

  1. The Burn Mechanism is a critical component of the AIRO Network's tokenomics, designed to reduce the overall supply of $AIRO and increase its value over time.

    Burn Mechanism Overview

    1. Source of Tokens for Burning:

      • REGEN Fees: A portion of the REGEN fees collected when miners regenerate their STEAM levels.

      • Undistributed Rewards: Remaining rewards that were not distributed to miners at the end of each distribution cycle.

    2. Burn Allocation:

      • 50% of the undistributed rewards and REGEN fees collected are burned, decreasing the total supply of $AIRO.

    How it Works

    • REGEN Fees: When miners regenerate their STEAM levels, they pay REGEN fees. A portion of these fees is allocated to be burned, reducing the circulating supply.

    • Undistributed Rewards: Any rewards that were not distributed due to miners not meeting performance criteria are allocated for burning.

    • Burn Process: At the end of each reward distribution cycle (e.g., weekly), the designated tokens are sent to a burn address, effectively removing them from circulation.

    Example

    If the total undistributed rewards and REGEN fees for a week amount to 10,000 $AIRO, this means 5,000 $AIRO would be sent to the burn address, permanently reducing the total supply by this amount.

    Benefits of the Burn Mechanism

    • Deflationary Pressure: Regularly burning tokens reduces the total supply of $AIRO, potentially increasing its value over time.

    • Incentivizes Holding: With a decreasing supply, the value of held tokens may increase, incentivizing miners and holders to retain their $AIRO tokens.

    • Sustainability: Ensures the network remains balanced by aligning miner incentives with the long-term health of the tokenomics.

Miner Network Ratings (MNR)

Miner Network Ratings (MNR)

Miner Network Ratings (MNR) is a system designed to evaluate and rank miners based on their performance and contributions to the AIRO Network. The MNR score is crucial in determining the rewards miners receive, incentivizing them to maintain high standards of operation.

How MNR is Calculated

The MNR score is calculated using the formula:

MNR=Uptime Rating X (Age Rating + STEAM Rating) /200

  • Uptime Rating: Assessed every 5 minutes, ranging from 0 to 1. It reflects the proportion of time an AIRO A1 Air Miner is online during the period.

  • Age Rating: Starts at 100 when the AIRO A1 Miner is first connected and decreases by approximately 0.06849 per day of operation, reflecting the operational lifetime of some sensors. The Age Rating does not decrease during periods of inactivity..

  • STEAM Rating: Represents the miner's virtual health, starting at 100 when no $AIRO has been withdrawn. If all $AIRO is withdrawn, the STEAM Rating drops to 50.