# 6 Tokenomics ## Token Details EtheLock utilizes a fixed-supply model to ensure scarcity and long-term value preservation. There are no minting functions in the contract, meaning the supply can never be diluted. * **Name:** EtheLock * **Ticker:** ELOC * **Network:** Ethereum Mainnet (ERC-20) * **Total Supply:** 100,000,000 ELOC * **Contract Address:** (To be announced upon TGE) ## Token Utility The ELOC token is the economic backbone of the EtheLock ecosystem. It is designed to capture value from the protocol's usage while aligning the interests of security-conscious users, liquidity providers, and the DAO. ELOC is not merely a governance token; it is a utility asset that unlocks the full potential of the Physical Layer. #### 1. Protocol Revenue Share (Real Yield) EtheLock generates revenue through swap fees (0.1% on DEX aggregation), virtual card issuance fees, and cross-chain bridging fees. * **The Mechanism:** A portion of all protocol revenue is used to buy back ELOC from the open market. * **Distribution:** These bought-back tokens are distributed as "Real Yield" to users who stake ELOC in the Security Module. * **Sustainability:** This ensures that as the wallet user base grows, the demand for the token increases, regardless of broader market speculation. #### 2. Staking Tiers & Premium Access Holding and staking ELOC unlocks tiered benefits within the EtheLock application, creating a tangible reason to hold the asset. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.ethelock.xyz/6-tokenomics.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.