Synesis One
  • Abstract
    • Ontology | Definition
  • 1. Overview
  • 2. Ecosystem: Synesis One
    • 2.1 Intention
    • 2.2 Ecological Landscape of Data Monetization
    • 2.3 Shared Economy - Distribution of Value
    • 2.4 Sustainability Through Wealth Creation
  • 3. Ecological Flow Part 1: Ontology Mining
    • 3.1 Overview
    • 3.2 Architecture
    • 3.3 Ontology Miners: Architect, Builder, and Validator
    • 3.4 User Interface
    • 3.5 Gamification
      • 3.5.1 Ontology Mining: The Architect, Builder and Validator Scores
  • 4. Ecological Flow Part 2 : Provenance Registering
    • 4.1 Overview
    • 4.2 Architecture
    • 4.3 Process
    • 4.4 Plug-n-Play Modularity with AI Systems
    • 4.5 Solana
    • 4.6 Meta-Data Database
    • 4.7 Mind AI as the First Beneficiary and Consumer
  • 5. Ecological Flow Part 3: Primitive Indexing
    • 5.1 Overview
    • 5.2 Architecture
    • 5.3 Process
    • 5.4 The Metaplex NFT Standard
    • 5.5 Synesis Metaverse
    • 5.6 Synesis Relevance Index (SRI) and Synesis Relevance Index Score (SRIS)
    • 5.7 Kanon
      • 5.7.1 Inspiration
      • 5.7.2 The Design
      • 5.7.3 Collectable
      • 5.7.4 Social Currency of Community Participation and Stickiness
      • 5.7.5 Multi-Language Support
      • 5.7.6 Release Schedule
        • 5.7.6.1 Kanon Collection Epoch Event and Chronological Sequencing
      • 5.7.7 Partnership with Digital Artists
      • 5.7.8 Economics of Claimable Ownership Reward
      • 5.7.9 Recruiting Mechanism
  • 6. Ecological Flow Part 4: Primitive Monetizing
    • 6.1 Overview
    • 6.2 Architecture
    • 6.3 Atomic Split
    • 6.4 Collateral-based Asset Transmutation (CAT)
    • 6.5 Potential DeFi Applications
  • 7. Ecosystem Element 1: SynesisDAO
    • 7.1 Intents
    • 7.2 Constituencies
    • 7.3 Overall Economics
    • 7.4 Governance
  • 8. Ecosystem Element 2: Kanon Exchange
    • 8.1 Motivation
    • 8.2 Revenue Model
    • 8.3 Gamification
    • 8.4 Community Events
  • 9. Ecosystem Element 3: Rewards | Subject to Changes
    • 9.1 Overview
    • 9.2 Mining Rewards
      • 9.2.1 Mining Requirement
      • 9.2.2 Release Schedule
      • 9.2.3 Synesis One Mining Rewards Equations
        • 9.2.3.1 Dynamic Maximum Rewards for Participants
    • 9.3 Kanon Ownership Claimable Rewards
      • 9.3.1 Claimable Reward Requirement
      • 9.3.2 Claimable Reward Release Schedule
      • 9.3.3 Kanon Ownership Claimable Rewards Equations
  • 10. Ecosystem Element 4: Mind AI
  • 11. Ecosystem Element 5: Synesis Foundation
    • 11.1 Intention
    • 11.2 Ethics Board
    • 11.3 Key Value Proposition
  • 12. Anatomy of Dual Token Model
    • 12.1 Overview
    • 12.2 On Synesis ($SNS)
      • 12.2.1 Inflationary Measure | Subject to Changes
      • 12.2.2 Deflationary Measure | Subject to Changes
    • 12.3 On Kanon (KNN)
  • 13. Conclusion
    • Why?
  • References
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  1. 7. Ecosystem Element 1: SynesisDAO

7.3 Overall Economics

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Last updated 3 years ago

Subject to changes, 25% of the total supply that has been reserved to pay ontology miners and Kanon holders is to be the starting balance (in SNS) in the treasury of SynesisDAO. The goal is to use the treasury (and presales proceed) to fund the initial net loss coming from the ontology mining operation when there are not enough Kanons available in the secondary market to generate trading income. We expect little to no income from Mind AI during the formative period of the ecosystem. Once there are enough Kanon trading activities, the trading commission could offset the Kanon Claimable Rewards and Ontology Mining Rewards.

The economic health of SynesisDAO depends on the net balance of the following ledger accounting:

CREDIT (+)
DEBIT (-)

Trading Commission (TC)

Architect Service Reward (ASR)

Atomic Split Share (ASS)

Builder Service Reward (BSR)

NFT-to-DeFi Service Fee (NFSF)

Validator Service Reward (VSR)

DeFi Collateral Liquidation (DCL)

Overhead (OpEx)

Creator Royalty (CR)

Royalty Split to Digital Artist (RS-DA)

AI Ontology Usage Fee (AOUF)

Claimable Reward to Kanon Holders (CR-K)

Miner Staking Penalty (MSP)

Miner Staking Interest (MSI)

Where:

  • C = Credit or Income flowing into the treasury

  • D = Debit or Expenses flowing out of the treasury

  • MVt = Market Value of the initial number of SNS allocated to SynesisDAO’s treasury

Figure 23: Primary Sources of Income and Expense for SynesisDAO Treasury