Token transition mechanism

EON miner output transition, EON token compensation, and ecosystem builder incentive transition.

🎯 EBN Token Transition Mechanism: An Enabling Mapping of Layer 1 Assets and Stakes to Modular L2

EBN's Token Migration Mechanism is a key bridge connecting historical assets and future value in its token economy model. The core objective of this mechanism is to efficiently transform the community consensus, miner computing power value, and developer resources accumulated in the original EON ecosystem into native liquidity, governance weight, and ecosystem growth potential on the EBN Layer 2 platform through precise equity snapshots and release control.

1. EON miner output transition: L2 equity transfer of computing power value (20% share)

This mechanism focuses on precisely linking the remaining value of EON's original burning computing power mining system to the distribution of EBN's native tokens.

Mechanism Element	Strategic Positioning & Significance
Undertake the target	EON miners who have not yet completed their production. This mechanism is crucial for ensuring the stability of the core community and the transfer of value sovereignty, clearly confirming EBN as the next-generation sovereign asset of the EON ecosystem.
Mapping basis	Based on on-chain snapshots, this method records historical mining inputs, node activity, and output differences. This ensures the immutability and fairness of the transition, meeting the industry's highest standards for decentralized asset mapping.
Release control	The token employs a 24-Period Linear Vesting structure. This lock-up structure is a standard market stabilization strategy designed to avoid systemic selling pressure caused by the concentrated unlocking of historical assets, thus protecting the token's value resilience during the initial launch phase of EBN.
Technical path	By using old address signature verification and identity mapping, a frictionless migration is achieved, securely transferring on-chain identity and rights from L1 to the L2 governance framework.

2. Compensation for EON tokens in circulation after mining ends: Value transfer of liquid assets

For tokens that remain in circulation after EON mining ends, EBN provides a value conversion path with controlled risk and a clear redemption window.

Mechanism Element	Strategic Positioning & Significance
Funding channels	Indirect compensation will be provided through allocations from the Ecosystem Fund (10% of the total) based on historical proportions. This ensures that the core compensation logic does not consume the main incentive pool, maintaining the strategic flexibility of the Ecosystem Fund.
Redemption ratio	Preliminary setting. This ratio is not a fixed exchange rate, but a market-adjustable reference quota that is dynamically adjusted based on market data, reflecting respect for market realities and flexible financial engineering design.
Timeliness Management	A 60-day conversion window will be opened after the mainnet launch. By setting a strict deadline, existing users will be forced to switch assets, effectively clearing residual assets from the original chain and concentrating liquidity on the new L2 platform.

3. Incentives for ecosystem builders transition: L2 empowerment and binding of developer resources (5% share)

This mechanism focuses on the continuity of developer incentives, transforming the developer community from the EON era into core builders of the EBN modular ecosystem.

Mechanism Element	Strategic Positioning & Significance
Incentive recipients	Third-party developers and teams who have deployed contracts, built modules, or provided system services on the EON network will be directly rewarded for their on-chain contributions.
Motivation and Release	Representing 5% of the total supply (1.05 billion EBN), it will also be released linearly over 24 periods. This long-term release strategy requires developers to make a sustained commitment to developing EBN.
Additional binding requirements	Incentive unlocking requires fulfilling the migration and adaptation of tools or contracts, successful deployment on the EBN mainchain, and open-source auditing of critical code. This is a crucial guarantee to ensure that developer contributions are high-quality, integrable, secure, and transparent L2 modules.
Significance of transformation	The successful transition from an L1 infrastructure contributor to an L2 modular component provider is the cornerstone of the EBN open ecosystem (similar to a "module store").

Summary: The Integration of Financial Engineering and Community Governance

EBN's token transition mechanism is a comprehensive solution that integrates financial engineering, community governance, and technology migration. It smooths market volatility through precise release curve management, activates the developer community through clear migration requirements, and ultimately transforms the tens of millions of computing power and user base accumulated by EON into highly liquid, high-value ecosystem assets on EBN Layer 2.