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Tokenomics

TRUE is a multi-function utility token in Truemarkets as well as its enshrined oracle.

Token functions: ​

  • controls protocol fees
  • governs Truemarkets, its branding and domain
  • source of economic subjectivity in dispute resolution
  • governs oracle configurations

This multi-utility approach ensures that the security of the oracle scales with the success of the application and that the economics of the app are in harmony with that of the oracle.

Distribution ​


The total supply of TRUE is 100 Million, with the following genesis distribution:

40.3% - Patron NFT​

The largest allocation of the TRUE supply will be distributed to our Patron NFT holders.

  • 15071 Oracle Patron NFTs
  • 59 Truth Seeker Patron NFTs

2.2% - Airdrop ​

  • Genesis Attesters
  • Truemarkets Beta-phase users
  • Polymarket discord users (between January 1st 2024 and October 16 2024)

12.5% - TRUE/ETH incentives ​

To satisfy the need for liquidity, 12.5% of the supply will be distributed to TRUE/ETH LPs on Base over 18 months.

7.5% - Prediction Market incentives ​

7.5% of the total supply will be used to bootstrap the PM by incentivizing:

  • YES/NO liquidity
  • Market creators
  • Other PM related activity

12.5% - Oracle incentives and Strategic use ​

12.5% of the total supply is dedicated to Oracle liveness incentives and future strategic use cases:

  • TRUE stakers
  • autonomous dispute / resolution
  • Attester lottery system
  • Data provider initiatives
  • Strategic use / Partnerships

25% - Team and Advisors ​

25% of the supply will be distributed to the Truemarkets team and advisors. This allocation will be linearly vested over two years.