Tokenomics, or token economics, involves the study and structuring of rules and incentives that govern the creation, distribution, and usage of tokens within a blockchain system. In the context of HealthTek DAO, tokens —known as $HEAL— are digital assets that encapsulate value, rights, or utility across the network. These tokens serve multiple functions including acting as a medium of exchange, a store of value, rewards for contributions, stakes for voting rights, and as access keys to specialized services.
The primary aim of HealthTek DAO's tokenomics is to foster a balanced and sustainable ecosystem that aligns the incentives of all stakeholders: token holders, network participants, and platform developers.
As a DAO, HealthTek employs tokens ($HEAL) to facilitate and regulate the collective decision-making and actions of its members. Effective tokenomics is crucial for articulating the DAO's goals, values, and operational guidelines. It incentivizes positive member engagement by rewarding contributions and penalizing misconduct, thus securing the network's integrity and resilience against external threats. Through structured voting and Health Improvement Proposals (HIPs), tokenomics supports the governance and progressive evolution of the DAO.
Upon its launch, $HEAL tokens will empower holders to govern HealthTek DAO, guiding the allocation of funds for protocol development and ensuring true decentralization. The tokens also enable automated, permissionless activities such as network routing, chain support, token listings, and grant approvals, all subject to DAO endorsement.
HEALTHTEK DAO will issue 1 billion ($1,000,000,000) $HEAL tokens on the Hedera platform. They will be issued as follows: