> ## Documentation Index
> Fetch the complete documentation index at: https://docs.vibetoken.cn/llms.txt
> Use this file to discover all available pages before exploring further.
# Vibe Token: Revenue-Sharing for Software Contributors
> Vibe Token gives early software contributors a direct stake in future revenue using supply-based pricing and automatic distribution.
Vibe Token is a market-priced contribution system for small software businesses. It lets founders reward the people who actually grow their product — referrers, beta testers, community builders — with tokens that carry a real, calculable claim on future revenue. No equity paperwork, no investor gatekeeping, no vague promises: just a transparent set of rules that runs the same way for every project that adopts them.
## The Problem
Software is cheap to build. A single founder with modern tooling can ship a production-ready product in days. The hard part — the part that separates projects that grow from ones that stall — is distribution.
Early contributors solve that problem. They refer the first customers, write the first reviews, run the first communities, and do it before anyone can be certain the product will succeed. They create real, measurable value. But under traditional models, they almost never share in it.
Equity solves this at VC scale: options, vesting schedules, and cap tables are designed for companies raising millions and planning an exit in years. They are expensive to set up, legally complex to maintain, and completely impractical for a micro-SaaS charging \$29/month or a niche tool with five hundred users.
Vibe Token works for everything else. It is designed for the micro-SaaS, the niche utility, the community app, the indie project — any small software business where the people who drive growth deserve a share of what they helped build, without the overhead of a startup-scale legal structure.
## How It Works
Vibe Token runs on six rules. Together they define how tokens are priced, how contributors earn them, how revenue distributes, and how holders exit.
**1. Price: `P = k × √S`**
Token price is a function of supply. As tokens are minted, price rises. As tokens are burned, price falls. The square root curve dampens volatility — doubling supply raises price by about 41%, not 100%.
**2. Pre-Mint: Founder Treasury**
At launch, the founder receives a treasury of tokens. These tokens are inert until granted, giving founders the ability to reward contributors before any revenue exists.
**3. Earning: `tokens = floor(α × dR ÷ P)`**
Contributors earn whole tokens based on the revenue they refer. The number of tokens minted depends on the current price and the revenue share fraction α.
**4. Distribution: `payout = (α × dR) ÷ S`**
Every revenue event splits α of the incoming revenue proportionally among all issued token holders. Treasury tokens held by the founder do not participate.
**5. Exit: `exit_value = tokens × P`**
When a holder wants to exit, they burn their tokens at the current price. Partial exits are allowed. Burning reduces supply, which lowers the price for everyone remaining.
**6. Queue: FIFO, Funded by Distributions**
Exit requests join a first-in, first-out queue. Payouts come from future revenue distributions — no reserve required. If revenue stops, the queue stalls, which is an honest signal that tokens were always claims on future revenue, not guaranteed liquidity.
Learn how to launch your token, set your parameters, and use your treasury to bootstrap early growth.
Understand how to earn tokens through referrals, how distributions work, and how to exit when you're ready.
Tokens in Vibe Token are **earned through contribution**, not purchased with money. This distinction is intentional and legally significant. Purchasing tokens with currency can trigger securities regulations; earning them as compensation for labor or referral activity operates under a different legal framework. Never allow contributors to buy tokens directly.