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        • Nite Token (Nites): A Standardized Representation of a Booking
        • Dusk: The Unifying Language for the Vacation Rental Industry
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      • Join the Dtravel Ecosystem
    • TRVL Token Economics
      • Why is TRVL Critical to the Success of Dtravel?
      • Why is Dtravel Critical to the Success of TRVL?
      • TRVL Token Model Within Dtravel
      • TRVL Utility
      • TRVL Sustainable Token Model
      • Impact of TRVL Utility and Token Model
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  1. Papers
  2. TRVL Token Economics

TRVL Sustainable Token Model

PreviousTRVL UtilityNextImpact of TRVL Utility and Token Model

Last updated 1 year ago

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The following diagram provides an overview of the TRVL token model for the Dtravel ecosystem. This token model applies to Dtravel Direct, Sensei AI, the Nite Protocol, and any other revenue sources generated within the Dtravel ecosystem.

Dtravel Ecosystem
  1. Whenever any fees are paid in TRVL, they are discounted.

  2. When fees are paid in fiat and other cryptocurrencies, they are used to buy back TRVL.

  3. The fees converted to or paid in TRVL are split and allocated to:

    • Stake-to-Boost Vault

    • Stake-to-Earn Vault

    • TRVL Community Treasury

    • Burn Bin

The percentage of fees allocated to Staking Vaults, the TRVL Community Treasury, and Burn Bin are parameters chosen by the Dtravel DAO. The starting point for how revenue is split between categories is below:

Category

Percentage of revenue

Notes

Stake-to-Boost Vault

70%

Awarded to users (e.g. travelers and operators) who stake to boost booking giveback rewards. Reward distribution is dependent on how much TRVL they stake.

Stake-to-Earn Vault

20%

Stakers may be required to perform tasks to earn rewards. An unstaking tax may be applied to incentivize long term holding.

TRVL Community Treasury

5%

TRVL allocated to the Community Treasury is used to fund various initiatives.

Burn Bin

5%

TRVL allocated to the Burn Bin is locked to reduce circulating supply. Funds can either be burned or unlocked and transferred to the Community Treasury by DAO vote.

Note: This token model is sustainable in the sense that the output (distributions to the various categories) is always equal to the input (revenue).