$CREDIT Token

$CREDIT TokenThe $CREDIT token is the utility and coordination layer of the Localcredit network. It is not an investment vehicle, speculative asset, or claim on lending yields. Its sole purpose is to align incentives, provide a payment source, enable access, and sustain the decentralized credit rating oracle. Tokenomics Overview

  • Token Name: $CREDIT

  • Total Supply: 1,000,000,000 $CREDIT (fixed, no inflation)

Allocation

Percentage

Amount

Vesting / Notes

Foundation

40%

400,000,000

Vesting 36 months

Team & Contributors

5%

50,000,000

4-year vesting with 1-year cliff

TGE

45%

150,000,000

Sold at TGE, no pre-sales, no VCs

Market Making

10%

100,000,000

Added to DEX pools and major EVM chains

All unallocated tokens remain in the DAO treasury.Utility & Use Cases$CREDIT has clear, demand-driven utility tied directly to network activity.

  1. Query Fees & API Access

    • Every score query (REST or on-chain) requires $CREDIT to be spent.

    • Pay-per-query or stake for subscription tiers (lower effective cost at higher volume).

    • Creates sustained buy pressure as adoption grows.

  2. Staking for Alignment & Boosts

    • Users voluntarily stake $CREDIT to signal long-term commitment.

    • Staked tokens directly increase the user’s score (economic skin in the game).

    • No slashing or forced liquidation – purely optional positive signal.

  3. Outcome Reporting Incentives

    • Lenders who consistently report accurate loan outcomes receive $CREDIT rewards from the ecosystem pool. Distributions are vested.

    • Encourages high-quality data to improve model accuracy.

  4. Priority & Premium Features (future)

    • Higher staked amounts may unlock priority oracle responses, custom analytics, security monitoring or early access to new integrations.

Economic Design Principles

  • Demand-Driven: Token utility scales directly with network usage (more queries → more $CREDIT needed).

  • No Speculative Promises: No yield farming, lending APY, or revenue share tied to the token.

  • Deflationary Tendencies: A portion of query fees may be burned or redirected to rewards (DAO-decided).

  • Fair Distribution: Heavy emphasis on community rewards and gradual vesting to align long-term incentives.

$CREDIT exists to keep the oracle sustainable, aligned, and resistant to capture – ensuring Localcredit remains a neutral, high-quality public good for the entire ecosystem.

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