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Overview of $DNA

DNA Layer's native asset, $DNA, is an essential part of how developers build on the first autonomous AI oracle network for on-chain inference. To use DNA Layer for AI model inference, rollup developers submit PayForQuery transactions on the network for a fee, denominated in $DNA.


Role of DNA

A core part of the DNA vision is that deploying an AI update and querying the model should be as easy as calling a smart contract. In this era of AI progress, developers no longer need to handle every part of the pipeline if they want their AI output to be trusted, accurate, and immutable. DNA Layer does the heavy lifting.


Requesting AI model queries

Just as ETH is used on Ethereum-based rollups, developers can opt to bootstrap their AI model update quickly through DNA Layer by using $DNA as a gas token and currency in addition to paying for query availability.


Proof-of-Stake Consensus

As a permissionless network, DNA Layer uses Proof-of-Stake (PoS) to secure its own consensus. Like in other Proof-of-Stake networks, any user can help secure the network and vote on model updates by delegating their $DNA to a DNA Layer validator for a portion of their validator’s staking rewards.


Decentralized Governance

$DNA staking also allows the community to play a critical role in decentralized governance over key parts of DNA Layer such as voting on model query parameters through governance proposals and governing the community pool which receives 2% of block rewards.


Inflation

$DNA inflation starts at 8% annually and decreases by 8% every year until it reaches the long-term issuance rate of 1.8%. The image below displays annual inflation over the next 20 years.

The annual provisions for inflation are calculated based on the total supply of $DNA at the beginning of each year. To calculate how many $DNA to issue per block,

DNA Layer uses the block timestamp rather than the block height given the time between blocks can vary and cause actual issuance to be higher than the target.


$DNA Allocation at Genesis

DNA Layer will have a total supply of 1,000,000,000 $DNA at Genesis, split across five core allocation categories. The chart below describes each core allocation group.

DNA Layer plans to use allocation from the Incentivized test net to reward developers who contribute to the DNA Layer ecosystem, who build on DNA Layer, who submit their AI Models for use on DNA Layer, and early miners who lend their compute power for reward.

The earliest supporters of DNA Layer will be the recipients of the largest portion of the Incentivized test net token allocation. In addition to being early on the platform, regularly submitting PayForQuery transactions on the system through an AIVM Kernel results in a higher score for incentive rewards. For direction on how to earn $DNA, the DNA Layer community channels are the best source of information.

The Genesis drop can include $DNA token allocated on both decentralized and centralized platforms, to be announced in DNA Layer community channels leading up to listings.

Unlocks

DNA Layer's 1 billion $DNA supply at Genesis will be subject to several different unlock schedules. All tokens, locked or unlocked, may be staked, but staking rewards are unlocked upon receipt and will add to the circulating supply.


Circulating Supply

Circulating supply is defined as the amount of $DNA tokens in general circulation without on-chain transfer restrictions, including lock-ups.


Available Supply

Available supply is defined as the amount of $DNA tokens that are either part of the circulating supply or are unlocked but subject to some form of governance to determine when the tokens are allocated. This includes the unlocked portion of the R&D & Ecosystem tokens and the tokens set aside for future initiatives beyond the Genesis drop and Incentivized testnet.

References to Launch above refer to the day of public access to $DNA, meaning $DNA listing on one or more public platforms such as decentralized or centralized exchanges.

$DNA Utility

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