Core concepts
Tokenomics & Emissions
Distribution
Below is the initial distribution of RAM.
Breakdown
| Category | % of Initial Supply | Amount |
|---|---|---|
| Ramses Community (veRAM) | 45% | 157,500,000 |
| Hyperliquid Community | 30% | 105,000,000 |
| Hypurr NFT | 20% | 70,000,000 |
| Incentives | 10% | 35,000,000 |
| RXP | 3% | 10,500,000 |
| Liquidity and Vote Incentives | 7% | 10,500,000 |
| Treasury | 23% | 80,500,000 |
| POL | 2% | 7,000,000 |
| Initial Supply | -- | 350,000,000 |
All allocations are in xRAM except for POL.
Emissions
Below is an approximation of our weekly emissions (before elastic emissions) vs. total supply for the first 500 Epochs (~10 years).
Emissions vs. Supply
- Initial supply: 350M tokens
- Red line shows cumulative burns (assumes 50% of emissions are burned)
- Epoch 0: 7M weekly emissions
- Epoch 1: 12.5% decrease
- Epoch 2: 15% decrease
- Epoch 3+: 1% decay per epoch in perpetuity without intervention
Elastic Emissions
Emissions can be modified by up to ±25% per epoch depending on protocol revenue to maintain sustainable inflation. 100% of ALL emissions go to gauges—there are no team allocations or other distributions, ensuring fully decentralized emissions.
When Revenue is >= Emissions for multiple epochs in a row, or if upcoming catalysts for revenue increase are soon coming.
When Revenue is <= Emissions substantially for multiple epochs in a row, or if upcoming catalysts for revenue decrease are expected.
Note: These are approximate projections and actual emission numbers may vary. This model demonstrates our commitment to sustainable, long-term supply growth.