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KOR Economic Model

Source: KOR & KOR-C_ Overview and Economic Model v0.3.pdf, KOR _ KOR-C_ Economic & Chain Integration Spec v0.2.pdf Status: 🚧 Extraction in Progress Roadmap: Protocol Specifications Roadmap

Overview​

This specification defines the economic model for the KOR (Knowledge Object Repository) ecosystem, including token economics, incentive structures, and economic sustainability mechanisms.

Token Economics​

Token Utility​

Token Functions

  • Component access and usage
  • Governance participation
  • Staking for quality assurance
  • Payment for services
  • Rewards distribution

Token Types

pub enum TokenType {
    KOR,      // Primary ecosystem token
    KORC,     // Chain-specific token
    Credits,  // Platform credits
}

Staking Mechanisms​

Staking Types

  • Component staking (quality assurance)
  • Governance staking (voting power)
  • Service staking (infrastructure)
  • Liquidity staking (market making)

Staking Structure

pub struct Staking {
    pub staker: UserId,
    pub amount: TokenAmount,
    pub staking_type: StakingType,
    pub lock_period: Duration,
    pub rewards: RewardSchedule,
}

Reward Distribution​

Reward Types

  • Component creator rewards
  • Quality contributor rewards
  • Network participation rewards
  • Governance participation rewards
  • Infrastructure provider rewards

Reward Calculation

pub trait RewardCalculator {
    fn calculate_rewards(&self, contribution: &Contribution) -> TokenAmount;
    fn distribute_rewards(&self, period: &Period) -> Result<DistributionResult>;
}

Governance Participation​

Governance Rights

  • Voting on proposals
  • Proposal submission
  • Parameter changes
  • Treasury management

Voting Power

pub struct VotingPower {
    pub base_power: u64,
    pub staking_multiplier: f64,
    pub reputation_multiplier: f64,
    pub total_power: u64,
}

Economic Incentives​

Component Creator Rewards​

Reward Factors

  • Component quality score
  • Usage statistics
  • User ratings
  • Update frequency
  • Community engagement

Creator Reward Model

pub struct CreatorRewards {
    pub base_reward: TokenAmount,
    pub quality_bonus: TokenAmount,
    pub usage_bonus: TokenAmount,
    pub rating_bonus: TokenAmount,
    pub total_reward: TokenAmount,
}

Quality Contributor Incentives​

Contribution Types

  • Code contributions
  • Documentation
  • Testing
  • Bug reports
  • Feature suggestions

Contribution Rewards

pub trait ContributionRewarder {
    fn reward_contribution(&self, contribution: &Contribution) -> Result<TokenAmount>;
    fn calculate_contribution_value(&self, contribution: &Contribution) -> ContributionValue;
}

Network Participation Rewards​

Participation Activities

  • Running infrastructure nodes
  • Providing storage
  • Processing transactions
  • Maintaining network health

Participation Rewards

pub struct ParticipationRewards {
    pub activity: ParticipationActivity,
    pub duration: Duration,
    pub performance: PerformanceMetrics,
    pub reward: TokenAmount,
}

Economic Sustainability​

Long-Term Economic Model​

Economic Principles

  • Sustainable token supply
  • Balanced inflation/deflation
  • Value accrual mechanisms
  • Ecosystem growth incentives

Economic Model

pub struct EconomicModel {
    pub token_supply: TokenSupply,
    pub inflation_rate: f64,
    pub deflation_mechanisms: Vec<DeflationMechanism>,
    pub value_accrual: ValueAccrualStrategy,
}

Inflation/Deflation Mechanisms​

Inflation Sources

  • Reward distribution
  • Network growth incentives
  • Staking rewards

Deflation Mechanisms

  • Token burning
  • Usage fees
  • Governance fees
  • Quality penalties

Supply Management

pub struct TokenSupply {
    pub total_supply: TokenAmount,
    pub circulating_supply: TokenAmount,
    pub locked_supply: TokenAmount,
    pub inflation_rate: f64,
    pub deflation_rate: f64,
}

Value Accrual Strategies​

Value Accrual Mechanisms

  • Component quality improvement
  • Network effects
  • Ecosystem growth
  • Utility increase
  • Scarcity mechanisms

Value Accrual Model

pub struct ValueAccrual {
    pub mechanisms: Vec<AccrualMechanism>,
    pub growth_factors: Vec<GrowthFactor>,
    pub sustainability_metrics: SustainabilityMetrics,
}

Ecosystem Growth Incentives​

Growth Incentives

  • New user onboarding rewards
  • Referral programs
  • Developer grants
  • Community building rewards

Growth Programs

pub struct GrowthProgram {
    pub program_type: ProgramType,
    pub incentives: Vec<Incentive>,
    pub eligibility: EligibilityCriteria,
    pub budget: TokenAmount,
}

Chain Integration​

Blockchain Integration​

Blockchain Functions

  • Component provenance tracking
  • Immutable component registry
  • Smart contract integration
  • Cross-chain compatibility

Chain Integration

pub struct ChainIntegration {
    pub chain_type: ChainType,
    pub smart_contracts: Vec<ContractAddress>,
    pub bridge_contracts: Vec<BridgeAddress>,
    pub integration_type: IntegrationType,
}

Economic Chain Operations​

Chain Operations

  • Token transfers
  • Staking operations
  • Governance voting
  • Reward distribution
  • Transaction processing

Chain Service

pub trait ChainService {
    async fn transfer(&self, from: &Address, to: &Address, amount: &TokenAmount) -> Result<TxHash>;
    async fn stake(&self, staker: &Address, amount: &TokenAmount) -> Result<StakingId>;
    async fn vote(&self, voter: &Address, proposal: &ProposalId, vote: Vote) -> Result<TxHash>;
}

Cross-Chain Compatibility​

Cross-Chain Features

  • Token bridging
  • Cross-chain component access
  • Multi-chain governance
  • Unified economic model

Bridge Protocol

pub trait BridgeProtocol {
    async fn bridge_tokens(&self, from_chain: &ChainId, to_chain: &ChainId, amount: &TokenAmount) -> Result<BridgeTx>;
    async fn verify_bridge(&self, bridge_tx: &BridgeTx) -> Result<VerificationResult>;
}

Implementation Status​

📋 Planned​

  • Token utility design
  • Staking mechanisms
  • Reward distribution
  • Governance participation
  • Component creator rewards
  • Quality contributor incentives
  • Network participation rewards
  • Long-term economic model
  • Inflation/deflation mechanisms
  • Value accrual strategies
  • Ecosystem growth incentives
  • Blockchain integration
  • Economic chain operations
  • Cross-chain compatibility

Note: This specification is extracted from the OpenKor economic model documents. Detailed economic formulas may need manual review from the source PDFs.