An example contract that distributes a token as a logirthmic decrease from an initial value.

Place the starter token information inside the start_file.json file and run complete_build.sh. This will auto populate the datum files required for minting. The next step is running the scripts in order inside the scripts folder. First, create the script reference then create the starter utxo. After that an individual mint can be ran with script 2 and a chained tx mint can be ran with script 3.

Script 3 mimics a mining of this token by tx chaining the minting process.

In this repo, the token distribution is handled via a finite supply contract, via a lock and mint combo, incentivising early adoptors with larger rewards of the token. The reward function decreases logarithmically with each transaction, depleting in 262,144 transactions for a total of 524,286 tokens with 6 decimal precision.

The graph above displays the first 1000 transactions for the action token reward function. It starts at 18 million tokens initially then decays to 9 million over the course of 1000 transactions. Below is a table displaying the number of tokens available in millions and the percentage of the total token distributed.

Num Tx    Tokens   % Distro
     1        36     0.00 %
    10       179     0.03 %
   100      1338     0.25 %
  1000     10031     1.91 %
 10000     66387    12.66 %
100000    331072    63.14 %
262144    524268   100.00 %

This distribution will take a long time to deplete and is an example.