5.1 Token Overview
The foundation of VeilNet AI’s ecosystem and value circulation.
The $VEILNET token is the native digital asset powering the VeilNet AI ecosystem. Built as an ERC-20 token on the Ethereum Virtual Machine (EVM) standard, it combines the security and interoperability of Ethereum with the specialized utilities of VeilNet’s privacy and security architecture.
Unlike inflationary models that dilute long-term value, $VEILNET follows a hard-capped supply model, ensuring that scarcity and demand dynamics remain intact as adoption scales. The token is not just a speculative asset but a functional currency within the VeilNet ecosystem — enabling access to privacy services, AI-powered security tools, staking, and revenue-sharing participation.
Key Specifications
Name: VeilNet AI
Ticker: $VEILNET
Total Supply: 1,000,000 tokens (fixed supply, no minting, no inflation)
Token Standard: ERC-20 (EVM-compatible)
Blockchain: Ethereum mainnet (with future expansion to L2s for scalability)
Decimals: 18 (ERC-20 standard)
Buy Tax: 5%
Sell Tax: 5%
Design Rationale
Scarcity & Value Protection: With only 1,000,000 tokens ever in existence, the design ensures long-term scarcity while avoiding uncontrolled supply expansion.
Security by Proven Standards: ERC-20 compliance ensures seamless integration with wallets, exchanges, and DeFi protocols while maintaining Ethereum’s robust security guarantees.
EVM Compatibility: This allows $VEILNET to operate across Ethereum Layer 2s and EVM-based chains (Polygon, Arbitrum, BNB Chain, etc.), ensuring scalability and ecosystem expansion.
Fixed Economics: No minting authority exists, removing the risk of hidden inflation or central manipulation.
In essence, $VEILNET is not just a governance-free token but the transactional fuel and incentive backbone of the VeilNet ecosystem — carefully designed to balance utility, scarcity, and sustainability.
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