Tokenomics

Why this matters before launch

Most chains publish a tokenomics page after launch, when the unfairness has already been baked in. Valdium is doing it the other way around. The numbers below aren't marketing promises — they're enforced by the launch transaction itself: absent mint function, burned LP tokens, and consensus rules of the chain. Once the launch block fires, they become protocol invariants.

Supply

The total supply is 1,000,000,000 VLD (one billion). One VLD divides into 10¹⁸ wei (18 decimals — the Ethereum ERC-20 standard, same as Ether). The native VLD on Valdium mainnet preserves the same precision when bridged 1:1.

There is no mint function and no path to one. At the launch block, the contract has no mint function and ownership is renounced on-chain — verifiable on Etherscan. No governance vote, no protocol upgrade, and no team key can ever create more VLD. The cap is enforced not by promise but by the absence of the capability.

Distribution at launch

The 10% locked-liquidity floor is the team's only on-chain action at launch: pair 100M VLD with ETH on Uniswap, burn the LP tokens, walk away. The remaining 900M is open to the market from the same block — the same pool, the same price curve, available to every EVM wallet on the planet.

Public fair launch (90%)

900M VLD enters circulation through the Uniswap V3 pool at the launch block. Anyone with a EVM wallet (MetaMask, Rabby, Coinbase Wallet) can buy at the prevailing AMM price. No allowlist, no KYC, no early-access window for insiders. See Fair Launch for the mechanism.

Locked liquidity (10%)

100M VLD is paired with team-provided ETH and deposited into a Uniswap V3 pool at the launch block. The LP tokens representing that position are burned in the same transaction — sent to a verifiably unspendable address. Nobody can withdraw this liquidity, ever. The 10% locked floor exists to guarantee a permanent two-sided market: even if every other holder sold tomorrow, the locked pool would still be there providing exit liquidity at some price.

Validator rewards (post-mainnet)

There is no emission pool. There is no pre-allocated validator subsidy. After mainnet launch, validators are paid entirely from transaction fees:

• Base fee. Every transaction pays a protocol-set base fee denominated in VLD. 50% of the base fee is burned permanently (deflationary on activity); 50% is paid to the block proposer and their delegators, split by stake share.
• Priority tips. Senders can attach optional tips to prioritise inclusion. 100% of priority tips go to the proposer.

Validator APR is therefore directly tied to network usage. Low activity = lean rewards. High activity = healthy rewards with active deflation from the burn side. The chain is engineered to make block production cheap (2-second blocks, JS-native execution, consumer-grade validator hardware) so that a fee market modest by Ethereum standards comfortably pays validators a real return.

Treasury

There is no pre-allocated treasury at launch. Community-funded work — audits, ecosystem grants, infrastructure subsidies — is paid from a governance-controlled fee diversion: by stake-weighted vote, holders can direct a percentage of the base fee into a treasury account before burning. Default at genesis is 0%. The community chooses if and when to fund it.

This is the only path to team or contributor compensation post-launch: ship work, propose funding, win a stake-weighted vote. There are no private channels.

What "no team allocation" actually means

It means the team holds zero VLD at the launch block — not because we promise, but because the launch transaction itself creates the mint, deposits all 1B into the Uniswap V3 pool (10% locked, 90% public float), burns the LP, and revokes authorities. There is no team wallet to vest, no advisor share to unlock, no investor round to dump.

Team members can buy VLD on the open market post-launch, with their own ETH, on the same terms as every other wallet on the planet. This is standard practice and we disclose it in advance. The team's economic alignment with VLD holders post-launch is the same as any other buyer: we bought it, at market price, with money.

The cleanest property of this launch model is structural: even if the team wanted to cheat, they couldn't. No insider price. No reserved units. No mint function. No upgrade authority. No removable LP.

Numbers you can verify yourself

None of this is on a slide deck. Every number is reproducible on chain from the launch block onward: