AIUS

1. Project introduction

The Arbius network has solvers competing with each other to provide solutions to tasks proposed by users, at the lowest cost. Initially, the task reward provides a way for solvers to earn Arbius, allowing users to pay little or no fees, but over time a market rate will develop matching the underlying compute cost. Solvers are incentivized to optimize their software to generate results for users as fast as possible to increase their profitability.

- Secure generation. As long as a majority of the miners are honest, tasks are confirmed on a decentralized network and are available within seconds.

- Easy Integration.Easy Integration. Generations done via Arbius may be directly connected to downstream applications such as webapps, NFT marketplaces, chat-bots or gaming.

- DeFi AI. Model creators are able to set a base fee for invocations of their model, delivering revenue to those who hold the models token.

2. Token application and distribution

Token application:

The Arbius (AIUS) token is used to pay generation fees of machine learning tasks inside the Arbius network.

It also is used for governance, conferring voting rights over future protocol upgrades and control of the Arbius treasury.

New coins are created to reward miners who solve tasks with a Task Reward. This can be thought of similarly to block reward in Bitcoin-like currencies.

The veAIUS model is being introduced.

Token distribution:

There will only ever be 1 million coins. Arbius follows a continuous halving process, where the total potential amount of tokens generated at time t is constantly decreasing. If miners are solving more tasks the amount of new coins generated will shrink, and if they are not solving enough tasks the task reward will grow to attempt to match the emission schedule.

After 7 years, approximately 99% of all emissions will be released. Accommodations are in place to continue the rewards structure for ecosystem participation/miners after the circulating supply reaches the supply hardcap. This will be handled by DAO value accrual from various revenue streams. Futheremore, Arbius security is not dependant on task rewards, so this is primarily used for a fair distribution of coins.

The maximum supply of 1 million coins, means that similiar to Bitcoin eventually the emissions will be reduced to almost zero, with very little coins being minted, and ultimately no coins will be minted at all. This means that the model is designed to be eventually deflationary, as new token availability is drastically reduced over time.