Tokenomics

Token Utility and Use-cases

The DigiWear Network token $DGW is used as an incentivisation vehicle to grow and provide fluidity to the decentralized network.

• Staking/LP: $DGW tokens staked in pools receive a portion of the transaction fees taken by the marketplace. Those who provide liquidity through DEX's also are rewarded for facilitating token adoption.

• Exclusive Sales: Participating in exclusive product drops will require a certain $DGW threshold.

• Escrow Deposits: $DGW tokens will be used to deposits for both parties based on the calculation of item cost.

• Governance: $DGW token holders are able to vote on network upgrades, marketplace products and digital avenues.

Token Metrics

There are a total of 500 million $DGW tokens, with the distribution plan as follows:

Allocation	%	Vesting
Seed	6	10% unlocked on TGE, then monthly vesting over 9 months
Private A	6	10% unlocked on TGE, then monthly vesting over 9 months
Private B	3	10% unlocked on TGE, then monthly vesting over 6 months
Public	2	100% unlocked on TGE
Advisors	6	0% unlocked for 1 month, then monthly vesting over 9 months
Marketing	10	10% unlocked on TGE, then monthly vesting over 12 months
Ecosystem & Development	25	10% unlocked on TGE, then monthly vesting over 36 months
Rewards	20	2-year vesting period starting from Mainnet launch
Liquidity & Market Making	2	100% unlocked on TGE

Rewards

Users will be incentivised to stake $DGW tokens with a dedicated reward pool and emission schedule that increases based on the amount staked. Monthly, users will receive extra tokens by locking their holdings for specific periods. After the 2-year vesting period the protocol will switch to a transaction fee system, where part of fees on the marketplace will be awarded to stakers.

A portion of the rewards is set aside for liquidity providers on DEX's. Monthly tokens are vested based on the amount of liquidity a participator provided in the period.