The Earning Formula
Worked Examples
Example 1: Standard referral at low priceα and the same relative contribution size yield fewer tokens when price is higher. That’s the bonding curve working as intended — later contributors get fewer tokens per dollar because the business (and thus the token) has already grown.
Who Earns Tokens
The primary earning path is referral: a contributor refers a customer, that customer pays, and the revenue event triggers the formula above. For other forms of contribution — code, documentation, community moderation, design — the founder can award tokens directly from the treasury as grants. Treasury grants follow the same whole-token rule but are discretionary rather than formula-driven.Why No Direct Purchase?
Allowing contributors to buy tokens directly would likely classify Vibe Token as a security in most jurisdictions, triggering registration requirements, investor disclosures, and ongoing compliance obligations that are impractical for small software businesses. Earning tokens through contribution is legally and conceptually distinct: it compensates labor and effort, the same way a commission or a revenue-share agreement does. Contributors receive tokens because they did something valuable, not because they handed over capital.Why Whole Integers?
Fractional tokens create accounting complexity without meaningful benefit. A contributor with3.7 tokens cannot cleanly receive 3.7 × payout_per_token in a system designed to operate on simple arithmetic. Whole integers keep the math transparent and auditable.
The floor() function always rounds down — never up, never to the nearest integer.
Early vs. Late Contributors
Because price rises with supply, early contributors earn at a lowerP. This means more tokens per dollar of attributed revenue:
Each of those tokens still earns the same pro-rata share of future distributions — so early contributors hold more influence over the revenue stream, not just more tokens on paper. This asymmetry is the core incentive for contributing early.