Economics
Tokenomics
Validator-rewarded fee flow, no founder cut, on-chain claim.
Fee flow
Withdrawal fees are credited to the validator that led verification, on-chain, in pending_rewards. There is no founder account and no protocol treasury skim. Validators withdraw earnings via claim_rewards.
Stake and slashing
The minimum validator stake is configurable per network. Slashing burns 1–100% of stake depending on the violation class. Both events are recorded on the validator's ValidatorAccount.
Token supply
The CIPHER token has a fixed supply, allocated for validator incentives, the public goods fund and an open community distribution. The exact schedule is published with the launch milestone.