ETHBLOX
ETHBLOX

ETHBLOX Protocol

Understanding the economics and mechanics of the ETHBLOX universe.

Core Concepts

BLOX: Digital Matter

BLOX is the fundamental building material of ETHBLOX. It follows conservation laws:

  • No Burning: BLOX cannot be destroyed, only transformed
  • Locked in Builds: When used, BLOX is temporarily removed from circulation
  • Released on Destruction: Breaking a build returns BLOX (minus 20% entropy fee)

Builder Weight (BW)

Your reputation score, calculated as:

BW = log(1 + mass) × log(2 + uniqueColors)

Where:

  • mass = total number of blocks
  • uniqueColors = color diversity

Matter Locking Ratio (MLR)

MLR = totalBloxLocked / circulatingSupply

High MLR = healthy creative economy with supply scarcity.

Economic Mechanics

Licence System

To use special moulds (BRICKS), you pay a licence fee:

cost = basePrice × (1 + k × sqrt(usageCount))

This creates dynamic pricing based on demand.

Fee Distribution

  • 70% to mould creator (perpetual royalty)
  • 20% to BLOX/ETH liquidity pool
  • 10% to protocol treasury

Supply Dynamics

BLOX has a fixed total supply of 1 billion tokens with daily emissions rewarding builders.

Emission Schedule

  • Phase 1 (Year 1): 10,000 BLOX/day
  • Phase 2 (Year 2-3): 5,000 BLOX/day
  • Phase 3 (Year 4+): 2,500 BLOX/day

Emissions halve every 2 years, approaching zero asymptotically.