On Monday, 17th Feb, 2020, the aelf Economic & Governance model was announced on twitter with a link to the Economic and Governance Whitepaper. This Whitepaper provides insight surrounding the financial structure of running a node on the aelf blockchain. It is broken up into 3 main topics: Token Model, Incentive Model, & Governance.
The token model essentially describes the 3 token types (ELF, Resource, 3rd party) to exist in the aelf ecosystem and their uses within the system. Although there are 3 types of tokens, there is the potential for an infinite amount of tokens to exist with the 3rd type.
The incentive model looks at the requirements for nodes and voters in addition to the incentives each participant will receive for their role in building the ecosystem into a stable network. Nodes are broken down into production nodes and candidate nodes
The governance section of the whitepaper looks at the different governance models that will be deployed on the aelf ecosystem with the primary model employing a democratic parliament concept through the production nodes.
This news leads the way towards the final stages of development before the aelf mainnet launch process comes into fruition. In early Feb, 2020, aelf Enterprise was upgraded to v0.9.2 successfully.
See the Economic & Governance Model whitepaper here: dwz.cn/9VECdzkg
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