What are the Economic Parameters of Social Money?

All social money minted by Roll has the same economic characteristics. This lets our broader community and users quickly understand the economics of social money (without much mental effort in math conversions). In addition, our economic characteristics follow best practices and help make the social money issuer's "crypto-economy" more valuable to their users and followers over the long-term. 

Maximum Supply

All social money minted on Roll has a maximum supply of 10,000,000 (10 million). No more can ever be minted, not even by the issuer or social money or even by Roll. This provides certainty in regards to future supply of each social money issued by Roll to the holders of social money. 

Initial Supply

Social money has an initial supply that is 20% of the maximum supply, i.e. 2,000,000 (2 million). This is immediately credited to the issuer of the social money, so that they can start using it to reward their community, engage and incentivize their fans for specific actions.

Vesting

Social money has a vesting period of about 3 years (1008 days to be more precise). The schedule is a simple linear vesting over time. Vesting ensures that the issuer of social money and the holders and users of social money are aligned for the long-term. After the vesting period is completed, the supply reaches the maximum supply described above and no more of a given social money can be created. 

Roll's Fee

Roll does not charge the issuers of social money (in USD or ETH) for issuance or the use of any other tools that Roll builds to make social money economies valuable to issuers and their followers . Instead, Roll charges the issuer of each social money a fee of 12% of the maximum supply. This ensures that the incentives between Roll and the issuers are aligned for the long-term. 

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