Issuance Policy

ABI is a Token being used as an internal currency of $ABI, and the unit is ABI. ABI plays an important role in SAEX's currency, allowing the Blockchain System to work and maintain smoothly on the platform.

The Cloud's internal currency is exchanged with ABI within SAEX

The issuance of ABI is based on the Node Incentives and Transaction Fee. It can be increased or decreased by about 10% per quarter after the ABI Super Node has agreed depends on ABI transaction volume according to transaction processing of Blockchain System, ABI requirement quantity according to transaction volume in SAEX, Ranking System Volume, and Freezing Fee.

AIRS (ABI incentives Ranking System) analyzes cumulative evaluation data (trading volume of ABI, required ABI, ranking system volume, freezing fee) to predict the optimal future demand issuance.

Node Incentives – 60%

• Smart Node Incentives will allocate 30% of the ABI quantity divided by participating Smart Node quantity to each Smart Node, based on 100% quantity of ABI issued when one block is created.
• In the entire Node, 'Smart Node 30% + Super Node 30% = 60%' is calculated based on 100% of the ABI quantity issued when one block is created. .

Transaction Fee

The Transaction Fee is set to a minimum to maximize the efficiency of the transaction and, follow AIRS (ABI incentive ranking system) if necessary.

The value set on the initial Blockchain Network is set to 0.001 ABI per transaction

Ranking System – 40%

• If the amount of ABI issued is 100% when one block is created. The 20% is distributed when the key is secured, and the network is activated according to the active contribution such as the connection period, number of transaction, and transaction amount.
• It is based on Ranking 1000 in the cloud (DApp) connected with ABI Platform and gives 20% differently to clients who use it based on 100% of ABI quantity issued when one block is created.

Design of Ranking Algorithm

The Ranking System is designed to operate as simple as possible. The ABI is awarded every few seconds of the creation of the block with consideration of Ranking Algorithm score and rank descending with time.

Token Specifications

• Average Block Time :
  6 Second
• Block Height(Size) :
  Basic 2MByte ~ Max 8MByte
• Transaction Fee :
  0.001 ABI - TX Fees go to the Super Nodes
• ABI Transaction Fee (ABI Node Mixing) :
  0.01 ABI - Paid to ABI Nod
• Super Node Tokens Required :
  100,000 ABI
• Super Node Rate :
  30% Block Reward