SuperNova Tokenomics

This document provides detailed information about SuperNova's token economics, including the foundation's role, token allocation, vesting schedules, operational expenses, and environmental treasury management.

1. NOVA Token Overview

1.1 Token Basics

Name: SuperNova Token
Symbol: NOVA
Total Supply: 42,000,000 NOVA
Type: Native blockchain token
Smallest Unit: 1 attonova (0.000000000000000001 NOVA)
Consensus Mechanism: Environmentally-aware Proof of Work
Environmental Feature: Carbon-negative by design
Launch Date: Q3 2025

1.2 Token Utility

The NOVA token serves multiple functions within the SuperNova ecosystem:

Transaction Fees: NOVA is used to pay for transaction fees on the network
Mining Rewards: Miners receive NOVA as rewards for securing the network
Environmental Treasury: A portion of tokens is allocated to ensuring carbon negativity
Governance: NOVA holders can participate in governance decisions
Smart Contract Platform: NOVA can be used within the ecosystem's smart contract applications
Lightning Network Operations: Required for opening payment channels and routing

2. Token Allocation

2.1 Initial Distribution

The total supply of 42,000,000 NOVA tokens is allocated as follows:

| Allocation Category | Percentage | Amount (NOVA) | Purpose | |---------------------|------------|---------------|---------| | Mining Rewards | 40% | 16,800,000 | Network security incentives | | Foundation Reserve | 13.5% | 5,670,000 | Long-term ecosystem development | | Ecosystem Development | 15% | 6,300,000 | Grants, partnerships, and marketing | | Team & Advisors | 15% | 6,300,000 | Team compensation and advisory services | | Environmental Treasury | 10% | 4,200,000 | Ensuring carbon negativity | | Community & Airdrops | 4.5% | 1,890,000 | Community building and adoption | | Liquidity Reserve | 2% | 840,000 | Market making and liquidity provision |

The Liquidity Reserve is a dedicated allocation managed by the Treasury Committee to ensure stable, deep markets for NOVA tokens. This allocation reduces selling pressure on the Foundation Reserve while providing professional market making services.

2.2 Visual Breakdown

Mining Rewards       [████████████████████████                            ] 40%
Foundation Reserve   [████████▌                                           ] 15%
Ecosystem Development[████████▌                                           ] 15%
Team & Advisors      [████████▌                                           ] 15%
Environmental        [█████                                               ] 10%
Community & Airdrops [██▌                                                 ] 5%

3. Mining Rewards & Emissions Schedule

3.1 Block Rewards

Mining rewards follow a halving schedule similar to Bitcoin, but with environmental adjustments:

Initial Block Reward: 50 NOVA
Block Time: 2.5 minutes (average)
Blocks Per Day: ~576
Initial Daily Emission: ~28,800 NOVA
Halving Schedule: Every 840,000 blocks (approximately 4 years)

3.2 Reward Schedule

| Period | Blocks | Block Reward | Daily Issuance | Period Supply | % of Total | |--------|--------|--------------|----------------|---------------|------------| | Year 1-4 | 0-840,000 | 50 NOVA | 28,800 NOVA | 8,400,000 NOVA | 20.00% | | Year 5-8 | 840,001-1,680,000 | 25 NOVA | 14,400 NOVA | 4,200,000 NOVA | 10.00% | | Year 9-12 | 1,680,001-2,520,000 | 12.5 NOVA | 7,200 NOVA | 2,100,000 NOVA | 5.00% | | Year 13-16 | 2,520,001-3,360,000 | 6.25 NOVA | 3,600 NOVA | 1,050,000 NOVA | 2.50% | | Year 17-20 | 3,360,001-4,200,000 | 3.125 NOVA | 1,800 NOVA | 525,000 NOVA | 1.25% |

The emission continues with halvings every 840,000 blocks until all 16,800,000 mining reward tokens are distributed (approximately 20-24 years).

3.3 Environmental Mining Adjustments

SuperNova implements a unique environmental reward system:

Green Mining Bonus: Miners using verified renewable energy receive up to 20% additional rewards
Verification: Renewable energy use must be verified through the SuperNova certification system
Energy Efficiency Bonus: Miners demonstrating exceptional energy efficiency can receive up to 10% additional rewards
REC Multiplier: Mining pools purchasing Renewable Energy Certificates receive reward multipliers based on coverage percentage

4. Vesting and Release Schedules

4.1 Team & Advisors Vesting

The 6,300,000 NOVA allocated to Team & Advisors follows varying vesting schedules:

Vesting Period: 48 months total for all allocations
Cliff Periods: Varies by role (6-12 months)
Release Schedule: Linear monthly vesting after cliff
Monthly Release Rate: Varies by allocation
Vesting Start: Network mainnet launch

The specific allocation within the Team & Advisors category is:

| Category | Allocation | NOVA Tokens | Vesting | | -------- | ---------- | ----------- | ------- | | Core Development Team | 8% of total supply | 3,360,000 | 4-year with 1-year cliff | | Founding Team | 4% of total supply | 1,680,000 | 4-year with 6-month cliff | | Advisors & Contributors | 3% of total supply | 1,260,000 | 4-year with 1-year cliff |

4.2 Foundation Reserve Vesting

The 6,300,000 NOVA allocated to the Foundation Reserve follows a 5-year vesting schedule:

Initial Release: 10% at mainnet launch (630,000 NOVA)
Cliff Period: 12 months (no tokens released)
Vesting Period: 60 months total
Release Schedule: Linear quarterly vesting after cliff
Quarterly Release Rate: ~393,750 NOVA per quarter after cliff
Vesting Start: Network mainnet launch

4.3 Ecosystem Development Release

The 6,300,000 NOVA allocated to Ecosystem Development follows a 4-year release schedule:

Cliff Period: 6 months (no tokens released)
Vesting Period: 48 months total
Release Schedule: Linear monthly vesting after cliff
Monthly Release Rate: ~143,325 NOVA per month after cliff
Special Allocations: Up to 20% may be allocated for strategic partnerships with accelerated vesting

4.4 Environmental Treasury Release

The 4,200,000 NOVA allocated to the Environmental Treasury follows a conditional release schedule:

Initial Release: 20% at mainnet launch (840,000 NOVA)
Conditional Release: Remaining 80% released based on carbon negativity targets
Release Trigger: Each 10% released when verified carbon offset exceeds target by 25%
Maximum Annual Release: 20% of remaining allocation
Release Authority: Environmental Committee with Foundation Council approval

4.5 Circulating Supply Projection

Based on the vesting and release schedules, the projected circulating supply growth is as follows:

| Timeframe | Mining Rewards | Foundation | Ecosystem | Team & Advisors | Environmental | Community | Total Circulating | % of Supply | | --------- | -------------- | ---------- | --------- | --------------- | ------------- | --------- | ----------------- | ---------- | | Launch | 0 | 630,000 | 0 | 0 | 840,000 | 1,050,000 | 2,520,000 | 6.0% | | 6 Months | 1,512,000 | 630,000 | 0 | 0 | 840,000 | 1,312,500 | 4,294,500 | 10.2% | | 1 Year | 3,024,000 | 630,000 | 1,147,440 | 0 | 1,260,000 | 1,575,000 | 7,636,440 | 18.2% | | 2 Years | 6,048,000 | 2,205,000 | 3,442,320 | 1,575,000 | 2,100,000 | 2,100,000 | 17,470,320 | 41.6% | | 4 Years | 8,820,000 | 4,567,500 | 6,300,000 | 6,300,000 | 3,360,000 | 2,100,000 | 31,447,500 | 74.9% |

5. Foundation Operations and Token Sales

5.1 Operational Funding

The SuperNova Foundation funds its operations through:

Token Sales: Planned, transparent sales from the Foundation Reserve
Partnerships: Strategic partnerships and integrations
Grants: Industry and governmental grants for environmental initiatives
Services: Technical services and consultation
Staking Rewards: Returns from participation in the network

5.2 Token Sale Guidelines

The Foundation adheres to strict guidelines for any token sales:

Purpose: Sales only for operational funding, not speculation
Transparency: All sales announced at least 30 days in advance
Volume Limits: Maximum quarterly sales limited to 1.5% of circulating supply
Market Impact: OTC deals or programmatic selling to minimize market impact
Reporting: Detailed post-sale reports published publicly
Frequency: Maximum of 4 planned sales per year
Lockup: Minimum 30-day lockup between announcement and sale

5.3 Sale Schedule Projection

The Foundation has outlined the following projected sale schedule for the first 3 years:

| Period | Maximum Sale Amount | Expected Price Range | Purpose | | ------ | ------------------- | -------------------- | ------- | | Q4 2025 | 157,500 NOVA | TBD | Initial operations funding | | Q2 2026 | 220,500 NOVA | TBD | Development grants and team expansion | | Q4 2026 | 283,500 NOVA | TBD | Marketing and adoption initiatives | | Q2 2027 | 315,000 NOVA | TBD | Infrastructure and scaling | | Q4 2027 | 378,000 NOVA | TBD | Environmental initiatives funding | | Q2 2028 | 441,000 NOVA | TBD | Global expansion and partnerships |

Note: Actual sales will be dependent on operational needs and market conditions, and may be less than the maximum amounts listed.

5.4 Operational Expense Categories

The Foundation allocates operational funding across these categories:

| Category | Allocation | Description | | -------- | ---------- | ----------- | | Technical Development | 45% | Core protocol development, security, and scaling | | Business Development | 15% | Partnerships, integrations, and exchange listings | | Marketing & Community | 15% | Marketing, community building, and educational programs | | Environmental Programs | 15% | Carbon negativity initiatives beyond standard offset purchases | | Legal & Compliance | 5% | Legal services, regulatory compliance, and audits | | Administration | 5% | Administrative costs, facilities, and general operations |

5.5 Token Launch Mechanism

Supernova will implement a Liquidity Bootstrapping Pool (LBP) for fair and efficient price discovery:

Launch Format: 7-day Balancer LBP with dynamic weighting
Initial Pool Structure:
- Starting weight: 90% NOVA / 10% USDC
- Ending weight: 50% NOVA / 50% USDC
- Initial NOVA allocation: 1,050,000 tokens (1/2 of initial Community & Airdrop allocation)
Price Parameters:
- Starting price ceiling: $6.30 USDC
- No price floor (true price discovery)
- Target equilibrium: ~$4.20 USDC
Participation: Open to public, KYC required for purchases over $10,000 USD
Anti-whale Measures: Maximum individual contribution of $50,000 in first 24 hours
Post-LBP: Unsold tokens return to Community allocation, sold tokens create initial DEX liquidity

This mechanism ensures:

Fair market-determined price discovery
Protection against front-running and whale manipulation
Efficient capital deployment with minimal initial volatility
Broader initial token distribution

5.6 Strategic Investment Framework

Prior to public launch, the Foundation will secure strategic investors through a structured approach:

Strategic Round Allocation: 525,000 NOVA (1.25% of total supply) from Foundation Reserve
Investor Criteria:
- Demonstrated alignment with SuperNova's environmental mission
- Technical expertise in blockchain infrastructure or quantum computing
- Long-term investment horizon (minimum 2-year lockup with linear vesting)
- Ability to provide technical, operational, or market-making support
- Geographic diversity across key markets
Investment Structure:
- Price: 20% discount to expected LBP target price
- Lockup: 6-month cliff, 24-month linear vesting thereafter
- Participation rights in future governance decisions
- Maximum allocation per investor: 105,000 NOVA (0.25% of total supply)
Strategic Partner Categories:

| Category | Allocation | Example Partners | | -------- | ---------- | ---------------- | | Environmental | 30% | Renewable energy companies, carbon markets | | Technical | 30% | Post-quantum security, mining innovation | | Financial | 20% | Market makers, crypto-native funds | | Ecosystem | 20% | DeFi protocols, infrastructure projects |

The strategic investment round will close at least 30 days before the public LBP launch.

5.7 Market Liquidity Strategy

Supernova will implement a comprehensive liquidity strategy to ensure market stability:

DEX Liquidity Provision

Initial Liquidity: 25% of LBP proceeds paired with 210,000 NOVA (0.5% of total supply)
Protocol-Owned Liquidity: At least 70% of initial liquidity will be protocol-owned
Deployment Strategy:

| Exchange | Allocation | Token Pairs | Fee Tier | | -------- | ---------- | ----------- | -------- | | Uniswap V3 | 40% | NOVA/ETH, NOVA/USDC | 0.3%, 1% | | Curve Finance | 30% | NOVA/stablecoin pool | Standard | | Balancer | 20% | NOVA/ETH/BTC weighted pool | 2% | | Emerging DEXes | 10% | Various pairs | Various |

Concentrated Liquidity Management: Professional active management of Uniswap V3 positions
Incentives: Initial 90-day reward program for liquidity providers using 105,000 NOVA from Ecosystem Development fund

CEX Market Making

Market Maker Partnerships: 2-3 professional market making firms with specific performance requirements:
- Maximum spread: 1.5% during normal conditions
- Minimum depth: $100,000 within 2% of mid price
- Uptime requirement: 99.5%
- Anti-manipulation protections
CEX Listing Strategy:
- Initial focus on Tier 2 exchanges with strong compliance
- Target 2-3 Tier 1 exchanges within 6 months of launch
- Progressive geographic expansion: Americas → Europe → Asia
- No payment for "market maker programs" run by exchanges
Performance Monitoring: Weekly liquidity quality reports published to community

5.8 Liquidity Reserve Management

The 840,000 NOVA (2% of total supply) allocated to the Liquidity Reserve follows strict guidelines for market stability:

Allocation Breakdown:
- DEX Liquidity: 50% (420,000 NOVA)
- CEX Market Making: 40% (336,000 NOVA)
- Volatility Reserve: 10% (84,000 NOVA)
Vesting Schedule:
- 30% available at launch (252,000 NOVA)
- Remaining 70% released linearly over 24 months
Utilization Guidelines:
- All liquidity deployments must be proposed by Treasury Committee
- Minimum 3/5 Council approval for significant changes
- Quarterly audits of liquidity positions and market making performance
- Public dashboard showing liquidity metrics across venues
Performance Metrics:
- Trading volume / liquidity ratio
- Bid-ask spread measurements
- Slippage at various order sizes
- Volatility comparison to benchmarks

The Liquidity Reserve is not intended for speculation or profit-generation but solely to ensure NOVA markets remain liquid, fair, and accessible to all participants.

6. Environmental Treasury Management

6.1 Carbon Negativity Mechanism

The Environmental Treasury supports SuperNova's carbon negative commitment through:

Fee Allocation: A percentage of transaction fees automatically allocated to environmental initiatives
Token Reserve: 10% of total supply (4,200,000 NOVA) reserved for environmental purposes
Dynamic Adjustment: Fee allocation percentage adjusts based on carbon negativity metrics
Verification: Third-party verification of carbon offset purchases and renewable certificates
Transparency: Public dashboard showing real-time emissions and offsets

6.2 Fee Allocation Structure

Transaction fees are partially allocated to environmental initiatives:

Base Allocation: 2% of transaction fees
Dynamic Range: 1-5% based on carbon negativity metrics
Adjustment Mechanism: If carbon negativity ratio falls below target, allocation increases
Maximum Impact: Designed to have minimal impact on transaction costs

6.3 Environmental Fund Allocation

The environmental treasury funds are allocated as follows:

| Category | Base Allocation | Description | | -------- | --------------- | ----------- | | Renewable Energy Certificates | 50% | Direct support for renewable energy generation | | Carbon Offset Projects | 30% | Verified carbon capture and offset projects | | Environmental Grants | 10% | Research and development of green mining technologies | | Energy Efficiency Initiatives | 5% | Programs to improve mining energy efficiency | | Environmental Reporting | 5% | Monitoring, verification, and reporting systems |

6.4 Carbon Negative Targets

SuperNova has established the following carbon negativity targets:

| Year | Carbon Negative Target | Verification Method | | ---- | ---------------------- | ------------------- | | Year 1 | 150% offset | Third-party verification | | Year 2 | 175% offset | Third-party verification | | Year 3 | 200% offset | Third-party verification | | Year 4 | 250% offset | Third-party verification | | Year 5+ | 300% offset | Third-party verification |

6.5 Environmental Impact Reporting

The Foundation publishes regular environmental impact reports:

Monthly Network Emissions: Calculation of total network carbon footprint
Quarterly Treasury Reports: Purchases of RECs and carbon offsets
Annual Environmental Impact: Comprehensive assessment of environmental program
Real-time Dashboard: Public access to current emissions and offset data
Third-party Audits: Annual verification of carbon negativity claims

7. Governance and Token Utility

7.1 Governance Process

NOVA tokens provide governance rights within the ecosystem:

Proposal Submission: 42,000 NOVA required to submit formal proposals
Voting Weight: 1 NOVA = 1 vote
Delegation: Token holders can delegate voting rights
Proposal Categories: Protocol changes, treasury allocation, environmental initiatives
Implementation: Technical Committee implements approved changes

7.2 Additional Token Utility

Beyond transaction fees and governance, NOVA tokens serve additional purposes:

Lightning Channel Creation: Required for opening Lightning payment channels
Smart Contract Operations: Gas fees for smart contract execution
REC Verification Staking: Validators stake NOVA to participate in REC verification
Environmental Data Oracle: Staking required for emissions data reporting
Ecosystem Applications: Various applications built on SuperNova

8. Comparison with Other Projects

8.1 Supply Comparison

| Project | Total Supply | Initial Circulating | Mining % | Team % | Launch Date | | ------- | ------------ | ------------------- | -------- | ------ | ----------- | | SuperNova | 42,000,000 | 2,520,000 (6.0%) | 40% | 15% | 2025 (est.) | | Bitcoin | 21,000,000 | 50 (0.00024%) | 100% | 0% | 2009 | | Ethereum | ~120,000,000 | 72,000,000 (60%) | ~10% | ~15% | 2015 | | Cardano | 45,000,000,000 | 25,927,070,538 (57.6%) | 0% | 13.54% | 2017 | | Polkadot | 1,000,000,000 | 10,000,000 (1%) | 0% | 30% | 2020 |

8.2 Environmental Comparison

| Project | Carbon Status | Consensus | Offset Mechanism | Energy Efficiency | | ------- | ------------- | --------- | ---------------- | ----------------- | | SuperNova | Carbon Negative (150%+) | PoW with Green Incentives | Built-in treasury | Moderate | | Bitcoin | Carbon Intensive | Proof of Work | External only | Very Low | | Ethereum | Carbon Neutral (claimed) | Proof of Stake | Foundation initiative | High | | Cardano | Low Carbon | Proof of Stake | None built-in | Very High | | Polkadot | Low Carbon | NPoS | None built-in | Very High |

9. Risks and Mitigations

9.1 Token Sale Risks

| Risk | Mitigation Strategy | | ---- | ------------------- | | Market Impact | OTC deals and gradual programmatic sales | | Price Volatility | Fixed sale schedule with maximum volumes | | Regulatory Changes | Swiss legal structure with compliance team | | Oversupply | Conservative vesting schedules and release triggers | | Insufficient Funding | 24-month operational runway maintained at all times |

9.2 Environmental Risks

| Risk | Mitigation Strategy | | ---- | ------------------- | | Increased Emissions | Dynamic fee adjustment to fund additional offsets | | Offset Market Changes | Diversified portfolio of offset types and providers | | Verification Challenges | Multiple third-party verifiers and transparent methodology | | Greenwashing Accusations | Open-source emissions calculation and public data | | Rising Offset Costs | Long-term contracts and treasury reserves |

10. Further Information

10.1 Resources

10.2 Regular Updates

The Foundation provides regular updates on tokenomics through:

Quarterly Treasury Reports
Monthly Environmental Impact Reports
Weekly Development Updates
Real-time Environmental Dashboard

11. Glossary

Carbon Negative: Removing more carbon than emitted
REC (Renewable Energy Certificate): Tradable certificate representing renewable energy generation
Carbon Offset: Reduction in emissions to compensate for emissions elsewhere
Vesting: Gradual release of tokens over time
Cliff: Initial period during which no tokens are released
Circulating Supply: Tokens available for trading on open market
Environmental Treasury: Fund dedicated to maintaining carbon negativity

This document will be updated periodically as the SuperNova project evolves. Last updated: April 2025.

Documentation

Governance - Tokenomics