NVNM is the gateway asset of NVNM Chain, designed around sustainable network participation, community-focused distribution and long-term ecosystem growth. Rather than requiring institutions to hold a volatile asset for everyday transactions, network gas, attestation fees, provenance fees and trading market fees are paid in stablecoins. NVNM instead captures value through access, accountability, network participation and governance.

A programmatic token repurchase mechanism begins from the first block of network revenue, connecting network usage and fee generation back to the token. The model is built for long term growth, with team and investor allocations locked at launch and ecosystem allocations released progressively over several years.

Supply

The maximum supply is fixed at 1 billion NVNM and cannot increase. Approximately 19% of supply is expected to be circulating at launch, with no team or investor tokens unlocked. Launch circulation consists primarily of the public sale, liquidity provisioning and an initial partner allocation. Repurchased tokens are held at a publicly declared address and permanently removed from available supply.

Token Allocation

Release Schedule

* The Foundation operating tranche is unlocked for operational use but excluded from reported circulating supply until deployed. 

Cumulative unlocked supply by allocation category, months 0 to 48.

Fee Architecture

Network fees are generated in stablecoins and distributed across three core destinations. A portion funds programmatic NVNM repurchases, a portion supports continued protocol development and a validator share accrues within the network Lockbox until the required decentralisation and governance conditions are reached. The Foundation may also operate the separate NVNM Assistance Fund under a published treasury policy.

NVNM Utility

NVNM provides access benefits through staking, including potential fee discounts, increased usage limits and priority processing across supported services. It can also be used as a performance bond before paid workflows are executed, creating economic accountability around network activity. Participants can stake NVNM against an identity to establish verified network status, while curation staking allows tokens to be committed against dataset listings to signal confidence in their quality. Validator operators also bond NVNM to secure validator positions and participate in network economics.

Governance

NVNM holders participate in governance over protocol parameters, with governance expected to progressively expand as the network develops. The model is designed to gradually increase community participation while maintaining operational stability during the network's earlier stages.

Foundation and NVNM Assistance Fund

The NVNM Foundation manages the treasury, supports ecosystem development and oversees deployment of the Partnerships & Adoption allocation. The NVNM Assistance Fund is a separate discretionary repurchase and investment vehicle funded from the Foundation’s share of network fees, with its holdings publicly verifiable and governed by a published treasury policy.

Network and Validator Economics

NVNM Chain has zero protocol issuance, with validators paid from stablecoin network fees rather than newly minted tokens. The network launches using proof of authority with a validator set that expands progressively as network fee revenue grows. Validator positions require bonded NVNM rather than delegated stake during the initial network phases, while validator compensation is paid from stablecoin fee revenue rather than token inflation. 

As the validator set expands, the network is designed to progress towards a delegated proof of stake style model where holders can participate through delegation. Some validator and delegation parameters remain subject to final publication.

Participation Mechanisms

Two separate mechanisms support participation in the network.

Built for Long Term Growth

NVNM tokenomics are structured around long term network adoption rather than short term token issuance. The model combines a fixed supply, zero protocol inflation, progressive vesting, community focussed participation, stablecoin based network revenue and programmatic token repurchases. 

As usage across NVNM Chain, Inveniam IO and associated markets grows, the objective is to create an increasingly productive network economy while maintaining predictable costs for institutional users and long term alignment for NVNM holders. To read the deep dive and full vision around NVNM tokenomics visit the full Tokenomics Whitepaper.