Token Utility
A simple, sustainable token utility model that powers GPU rentals with built-in user discounts and automatic token burns, designed to align platform growth with long-term token value.
Last updated
A simple, sustainable token utility model that powers GPU rentals with built-in user discounts and automatic token burns, designed to align platform growth with long-term token value.
Last updated
The Vertex Token (VTX) is integral to the Vertex GPU ecosystem, serving as the primary medium for transactions and value exchange. Designed with simplicity and sustainability in mind, the VTX token model ensures:
User Incentives: Immediate benefits for users who transact using VTX.
Deflationary Mechanics: A decreasing token supply over time, enhancing token value.
Platform Sustainability: A revenue model that supports ongoing development and operations.
10% Discount on GPU Rentals with VTX:
Users who opt to pay for GPU rentals using VTX receive an immediate 10% discount on their transaction.
No staking or holding requirements.
Instant application at the point of payment.
Encourages adoption and circulation of VTX within the ecosystem.
SOL/USDC
$100
0%
$100
VTX
$100
10%
$90
2–5% Burn on Each VTX Transaction:
To promote a deflationary token economy, a 2–5% burn is applied to every transaction made with VTX.
Reduces total supply over time.
Increases scarcity, potentially enhancing token value.
Burn rate is deducted from the transaction amount, not the platform's revenue.
Example:
A user pays $90 in VTX after the 10% discount.
2–5% of the $90 (i.e., $1.80 to $4.50) is burned.
The platform receives the remaining amount.
100% Revenue Retention by the Platform:
Vertex retains 100% of the revenue from transactions, ensuring:
Financial sustainability for platform operations and growth.
No revenue sharing or dilution through staking rewards.
Simplified economics, focusing on real utility and value.
