Tokenomics
The tokenomics of Clore Coin (CLORE) are meticulously designed to support the growth, sustainability, and long-term value of the Clore.ai ecosystem. CLORE’s tokenomics revolve around its fixed supply, reward distribution, emission schedule, and various incentives for holding the coin.
Key Elements of CLORE Tokenomics
Fixed Supply:
CLORE has a total capped supply of 1.3 billion coins, ensuring scarcity. This fixed supply is a critical aspect of CLORE’s economic model, promoting long-term value appreciation as demand for the coin increases.
Emission Schedule:
The emission of CLORE coins is carefully controlled through a predetermined schedule that spans 20 years. The block creation time is 1 minute, with rewards decreasing as more blocks are mined.
Reward Distribution:
Miners: Receive 50% of the block rewards, incentivizing them to secure the network and validate transactions.
GPU Hosters: Receive 40% of the block rewards, which encourages more GPU owners to participate in the Clore.ai marketplace.
Clore Team: Receives 10% of the rewards, which are used to fund ongoing development, infrastructure maintenance, and future innovations, ensuring the platform's sustainability.
Incentives for Holding:
The Proof of Holding (POH) system rewards users for simply holding CLORE coins in their wallets. This system incentivizes long-term holding, contributing to the coin’s price stability and reducing market volatility. Additionally, users participating in POH receive discounts on Clore.ai services and may also benefit from airdrops and other promotional rewards.
Economic Sustainability:
CLORE’s economic model is designed to ensure sustainability, with a gradual reduction in block rewards to control inflation. This, combined with the fixed supply and diverse use cases, promotes a balanced ecosystem where all participants are adequately incentivized to contribute to the network's growth and security.
Governance model
Clore is currently a Proof of Work (PoW) platform, and it will transition to a hybrid PoS model (PoW+PoS). This evolution reflects Clore’s commitment to enhancing its governance mechanisms to ensure network security, energy efficiency, and broad participation.
Proof of Work (PoW):
• Current Implementation: As of now, Clore operates solely on the PoW consensus mechanism using the Kawpow algorithm. Blocks are created every minute, and miners use their GPU resources to solve complex mathematical problems, thereby validating transactions and securing the network.
• Security and Validation: PoW is fundamental to the network’s security, relying on computational power to maintain the integrity of the system. While this process is energy-intensive, it ensures that all transactions are securely validated.
• Future Evolution: Clore will transition to a PoS system
Proof of Stake (PoS):
•We unveiled a hybrid PoW + PoS proposal that would gradually shift block rewards from mining to staking (25 % → 40 % PoS over six months). After running the public test‑net and analysing feedback, we have decided to skip the hybrid stage and move the entire network to Proof‑of‑Stake in one step.
Why we dropped the hybrid plan
Impact on design
Observation from test‑net
A strong, geographically distributed validator set means PoW hash‑power is no longer needed as a safety net
Validator uptime and decentralisation exceeded targets
Full PoS saves ±50 % of block emissions that miners would normally sell to cover electricity, reducing sell‑pressure
Energy‑efficiency goals
One consensus path is easier for users to understand and for wallets/explorers to implement
Simpler economics
Reward Distribution After Cut‑Over
Role
Share of block reward
Notes
PoS validators
50 %
Replaces the former PoW slice. Rewards are proportional to stake weight and uptime
Hosters / infrastructure
40 %
Unchanged — keeps data and services online
Core developers
10 %
Funds ongoing R&D
No mining rewards after the transition. GPU miners can redeploy hardware elsewhere or convert mined CLORE into stake.
Migration Timeline
Public Test‑Net (live now). Stake without limits; rewards start after 100 blocks (≈ 1 h 40 m).
Bug‑fix window. We will maintain the test‑net until critical issues drop to zero.
Main‑Net switch height announced. A specific block number will be published at least two weeks in advance.
One‑shot cut‑over to PoS. All wallets, exchanges and hosters upgrade; after the height, blocks are produced by validators only.
How to Get Ready
Download the wallet and select Testnet: https://github.com/Clore-ai/Wallet/releases
Request test coins via the support chat widget on https://clore.ai/ (bottom‑right corner).
Run a validator — follow the guide in the
devbranch: https://github.com/Clore-ai/Clore/tree/dev.Monitor blocks on the explorer: https://pos-testnet.clore.ai/.
Join the discussion in Telegram https://t.me/clorechat or Discord https://discord.gg/clore-ai.
Frequently Asked Questions
Q: Will my address or balance change? A: No. The chain continues with the same accounts; only the consensus engine changes.
Q: Do I have to swap coins? A: No swap is required. Your CLORE automatically participate once held in an online wallet.
Q: Can miners still secure the network? A: After the cut‑over, block production is 100 % PoS. Miners can stake coins instead or support the network by running hosting services.
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