TRAY Tokenomics
TRAY is the native token securing the Trayon network. It is designed as infrastructure cost, not speculation, with a fixed total supply and utility tied directly to network usage.
Supply
| Parameter | Value |
|---|---|
| Token standard | ERC-20 (L1) + native gas token (L2) |
| Total supply | 1,000,000,000 TRAY |
| Initial circulating supply | 250,000,000 TRAY (25%) |
| Decimals | 18 |
Utility
- Gas — TRAY is the native gas token for every Layer 2 transaction; there is no need to hold ETH to interact with the network.
- Staking — running a validator requires a minimum stake of 32,000 TRAY, locked and subject to slashing.
- Governance — protocol parameters are governed through quadratic voting, where vote cost scales with the square of voting power to reduce whale dominance.
Fee burn & deflation
20% of all gas fees collected by the network are permanently burned via TrayonToken.burn(). Slashed stake is also burned rather than redistributed. This creates deflationary pressure that scales with actual network usage.
getDeflationPercentage() = (TOTAL_SUPPLY - totalSupply()) / TOTAL_SUPPLY * 100Staking rewards
Validators earn block rewards for honest participation, in addition to a share of network fees. Rewards accrue continuously and are reduced proportionally to any active slashing penalties. See Running a Validator for setup and expected yield ranges.