Issuance and Distribution of $GEE

Initial Token Supply

$GEE has a fixed initial supply determined to balance scarcity and utility, ensuring the token retains value as network demand grows. A portion of the initial supply is allocated across various channels, including community incentives, validator rewards, foundation reserves, and ecosystem growth initiatives.

Distribution Strategy

The initial supply is distributed to maximize the network's decentralization while providing adequate resources for long-term development. Major allocations include:

· Validator Incentives: Ensuring validators are rewarded for their contributions to network security.

· Ecosystem Development Fund: Supporting developers, funding dApp creation, and promoting early-stage projects.

· Foundation Reserve: A reserve controlled by the Gee Foundation to ensure the longevity and stability of the platform.

· Community and User Incentives: Programs aimed at onboarding new users, incentivizing participation, and encouraging adoption through airdrops, grants, and reward systems.

Future Minting and Burn Mechanisms

Gee’s tokenomics incorporate flexible minting and burning policies to maintain balance in $GEE’s supply. In cases where network growth requires additional incentives, the foundation may opt for controlled minting within predefined limits. Conversely, transaction fees may be partially burned, reducing supply and potentially increasing the token's value over time, similar to Ethereum’s EIP-1559.