Fixed Supply Economics

Hickory Tokenomics

Fixed-supply economics designed for sustainable settlement infrastructure.

No Inflation. No Token Printing.Rewards Funded Through Network Activity.

Hickory aligns validator incentives with real ecosystem usage rather than perpetual token issuance.

Core Facts

HIC Supply Parameters

HIC is designed as a fixed-supply settlement asset. The maximum supply is permanently capped at 100,000,000 HIC. Hickory does not rely on perpetual token inflation to secure the network.

HICNative Asset
uhicBase Denom
1 HIC = 1,000,000 uhicUnit Conversion
100,000,000 HICMax Supply
0%Inflation
Proof of StakeConsensus
Public Testnet / Mainnet PreparationCurrent Stage
Transparent Network State

Current On-Chain Snapshot

This snapshot represents the current public testnet / early network state and may evolve as Hickory moves toward Mainnet Candidate.

Total Supply100,000,000 HIC
Bonded / Staked~50,000,015.5 HIC
Validator-controlled account~49,999,894.99 HIC
Inflation0%
Distributor module accountNot active in the current running network state
Current Circulating SupplyLimited Early Network Distribution

Most HIC remains within validator-controlled and treasury-controlled network reserves during the current public testnet stage.

The circulating supply is expected to remain limited until future distribution programs, liquidity initiatives, ecosystem grants, validator programs and Mainnet deployment phases are activated.

Circulating Supply

Circulating supply represents the amount of HIC actually available to the market or distributed outside core network-controlled reserves.

At the current early network stage, most HIC remains controlled by the network validator / treasury structure and is not broadly distributed.

Initial circulating supply is expected to remain limited until formal distribution, validator programs, liquidity programs, ecosystem grants or future public network phases are activated.

Early Network Context

Hickory's current running network state should be read as public testnet / mainnet preparation infrastructure. It does not imply that the full 100,000,000 HIC supply is circulating.

Subject to Governance

Proposed Mainnet Allocation Model

The Distributor / Reward Pool is proposed as the primary long-term reward source for validators and delegators.

Distributor / Reward Pool30,000,000 HIC
30%
Treasury Reserve20,000,000 HIC
20%
RWA / Stablecoin Settlement Reserve15,000,000 HIC
15%
Ecosystem Growth Fund10,000,000 HIC
10%
Founding Team Reserve10,000,000 HIC
10%
Founding Validator Program5,000,000 HIC
5%
Community / Airdrop5,000,000 HIC
5%
Liquidity Program5,000,000 HIC
5%
Total100,000,000 HIC
100%

This proposed allocation is subject to governance, legal review, mainnet preparation and ecosystem requirements.

Network Maturity

Tokenomics Evolution

Hickory tokenomics are designed to evolve gradually as the network matures, validator participation expands, liquidity programs launch and real-world asset settlement infrastructure becomes operational.

01Public Testnet
02Mainnet Candidate
03Founding Validator Program
04Liquidity Program
05RWA Settlement Layer
06Governance Activation
Reward Economy

Non-Inflationary Reward Economy

Hickory does not mint new HIC for staking rewards. Validator and delegator rewards are intended to come from real economic activity and allocated reward reserves.

Reward Sources

  • Distributor / Reward Pool allocations
  • Transaction fees
  • DEX fees
  • RWA settlement fees
  • Future network service revenues
Transaction Fees / DEX Fees / RWA Settlement Fees / Service Revenues
Fee Collector / Treasury / Distributor Pool
Distributor Engine
Validators and Delegators

This model aligns validator incentives with actual network usage and long-term ecosystem growth instead of perpetual token inflation.

The Distributor Pool is proposed as a long-term reward reserve and is not yet active as a live on-chain distributor module account in the current network state.

Why This Matters

Fixed maximum supplyNo hidden dilutionSustainable validator incentivesLong-term treasury planningAlignment with network growthInfrastructure-grade economic design

Founding Validator Program

Hickory plans to introduce a Founding Validator Program during the Mainnet Candidate phase.

  • First 5 external validators
  • Professional infrastructure
  • High uptime target
  • Monitoring and operational reliability
  • Active ecosystem/community presence
  • Up to 500,000 HIC delegated stake per validator
  • Delegation only, not a token sale
  • Initial 12-month participation commitment

Delegation Structure

Delegated stake remains controlled by the Hickory network / treasury structure. It is designed to support network security and reliable infrastructure operators during the early phase.

Supply Integrity

Why Fixed Supply Matters

Hickory is a compliant, fixed-supply, AI-compatible settlement layer for stablecoin-based real-world assets.

No hidden minting
No perpetual inflation
Predictable max supply
Rewards tied to real network activity
Distributor / Reward Pool based incentive design
Long-term value preservation
Infrastructure-grade validator incentives
Alignment with stablecoin and RWA settlement