Ring's Philosophy: "Your platform should run on your economy." Every Ring deployment can have its own token system.
Ring platforms are powered by token economics that align incentives, enable governance, and create sustainable value. This guide shows you how to design and launch your own token system.
Why Token Economics Matter
Traditional platforms:
Centralized control by founders/investors
User-generated value captured by platform
Limited user incentives for participation
Ring token platforms:
Value created by users stays with users
Platform governed by token holders
Economic incentives drive participation
Sustainable long-term value creation
Token Use Cases in Ring
1. Opportunity Listings & Services
Pay to post opportunities (prevents spam)
Pay developers for customization work
Reward quality contributions with bounties
2. Governance & Voting
Feature prioritization - token holders vote on roadmap
const features = {
tokenPayments: true,
staking: true,
governance: true,
nftMarketplace: false, // Can add later
}
Fee Structure Configuration
1
Set platform fees:
// config/fees.ts
TypeScript
typescript
export const feeStructure = {
opportunityListing: 10, // 10 tokens to post opportunity
marketplaceTransaction: 0.01, // 1% in tokens
premiumFeatures: 100, // Monthly premium subscription
stakingRequirement: 50, // Minimum stake for vendors
}
2
Implement fee collection:
// lib/fees/token-fees.ts
TypeScript
typescript
export async function collectListingFee(userId: string, amount: number) {
// Transfer tokens from user to platform treasury
await walletService.transfer({
from: userId,
to: TREASURY_ADDRESS,
amount,
token: 'MPT'
});
}
Staking System Setup
Staking Contract
1
Create staking contract:
// contracts/Staking.sol
Solidity
solidity
contract Staking {
mapping(address => uint256) public stakedBalance;
mapping(address => uint256) public stakingTimestamp;
function stake(uint256 amount) public {
require(amount > 0, "Cannot stake 0");
// Transfer tokens to contract
token.transferFrom(msg.sender, address(this), amount);
stakedBalance[msg.sender] += amount;
stakingTimestamp[msg.sender] = block.timestamp;
}
function unstake(uint256 amount) public {
require(stakedBalance[msg.sender] >= amount, "Insufficient stake");
// Return tokens
token.transfer(msg.sender, amount);
stakedBalance[msg.sender] -= amount;
}
}
2
Rewards distribution:
Solidity
solidity
function distributeRewards() public onlyOwner {
// Calculate and distribute staking rewards
for (address staker : stakers) {
uint256 reward = calculateReward(staker);
token.mint(staker, reward);
}
}
npx hardhat run scripts/deploy.ts --network sepolia
2
Test all functions:
Token transfers
Staking/unstaking
Fee collection
Governance voting
3
Audit smart contracts:
Hire professional audit firm before mainnet deployment.
4
Deploy to mainnet:
terminal
bash
# npx hardhat run scripts/deploy.ts --network mainnet
Phase 2: Community Distribution
1
Airdrop to early users:
// scripts/airdrop.ts
TypeScript
typescript
const earlyUsers = [
'0x1234...',
'0x5678...',
// Early platform users
];
for (const user of earlyUsers) {
await token.transfer(user, 1000); // 1000 tokens each
}
2
Liquidity provision:
Provide initial liquidity on Uniswap or similar DEX.
3
Staking incentives:
Reward early stakers with bonus tokens.
Phase 3: Feature Activation
1
Enable basic features:
Start with opportunity listing fees and basic staking.
2
Gradual rollout:
Enable advanced features as community grows:
Governance voting
Advanced staking rewards
Marketplace integration
3
Community governance:
Let token holders decide on future features and parameters.
Ring's Philosophy: "Your platform should run on your economy." Every Ring deployment can have its own token system.
Ring platforms are powered by token economics that align incentives, enable governance, and create sustainable value. This guide shows you how to design and launch your own token system.
Why Token Economics Matter
Traditional platforms:
Centralized control by founders/investors
User-generated value captured by platform
Limited user incentives for participation
Ring token platforms:
Value created by users stays with users
Platform governed by token holders
Economic incentives drive participation
Sustainable long-term value creation
Token Use Cases in Ring
1. Opportunity Listings & Services
Pay to post opportunities (prevents spam)
Pay developers for customization work
Reward quality contributions with bounties
2. Governance & Voting
Feature prioritization - token holders vote on roadmap
const features = {
tokenPayments: true,
staking: true,
governance: true,
nftMarketplace: false, // Can add later
}
Fee Structure Configuration
1
Set platform fees:
// config/fees.ts
TypeScript
typescript
export const feeStructure = {
opportunityListing: 10, // 10 tokens to post opportunity
marketplaceTransaction: 0.01, // 1% in tokens
premiumFeatures: 100, // Monthly premium subscription
stakingRequirement: 50, // Minimum stake for vendors
}
2
Implement fee collection:
// lib/fees/token-fees.ts
TypeScript
typescript
export async function collectListingFee(userId: string, amount: number) {
// Transfer tokens from user to platform treasury
await walletService.transfer({
from: userId,
to: TREASURY_ADDRESS,
amount,
token: 'MPT'
});
}
Staking System Setup
Staking Contract
1
Create staking contract:
// contracts/Staking.sol
Solidity
solidity
contract Staking {
mapping(address => uint256) public stakedBalance;
mapping(address => uint256) public stakingTimestamp;
function stake(uint256 amount) public {
require(amount > 0, "Cannot stake 0");
// Transfer tokens to contract
token.transferFrom(msg.sender, address(this), amount);
stakedBalance[msg.sender] += amount;
stakingTimestamp[msg.sender] = block.timestamp;
}
function unstake(uint256 amount) public {
require(stakedBalance[msg.sender] >= amount, "Insufficient stake");
// Return tokens
token.transfer(msg.sender, amount);
stakedBalance[msg.sender] -= amount;
}
}
2
Rewards distribution:
Solidity
solidity
function distributeRewards() public onlyOwner {
// Calculate and distribute staking rewards
for (address staker : stakers) {
uint256 reward = calculateReward(staker);
token.mint(staker, reward);
}
}
npx hardhat run scripts/deploy.ts --network sepolia
2
Test all functions:
Token transfers
Staking/unstaking
Fee collection
Governance voting
3
Audit smart contracts:
Hire professional audit firm before mainnet deployment.
4
Deploy to mainnet:
terminal
bash
# npx hardhat run scripts/deploy.ts --network mainnet
Phase 2: Community Distribution
1
Airdrop to early users:
// scripts/airdrop.ts
TypeScript
typescript
const earlyUsers = [
'0x1234...',
'0x5678...',
// Early platform users
];
for (const user of earlyUsers) {
await token.transfer(user, 1000); // 1000 tokens each
}
2
Liquidity provision:
Provide initial liquidity on Uniswap or similar DEX.
3
Staking incentives:
Reward early stakers with bonus tokens.
Phase 3: Feature Activation
1
Enable basic features:
Start with opportunity listing fees and basic staking.
2
Gradual rollout:
Enable advanced features as community grows:
Governance voting
Advanced staking rewards
Marketplace integration
3
Community governance:
Let token holders decide on future features and parameters.
Ring's Philosophy: "Your platform should run on your economy." Every Ring deployment can have its own token system.
Ring platforms are powered by token economics that align incentives, enable governance, and create sustainable value. This guide shows you how to design and launch your own token system.
Why Token Economics Matter
Traditional platforms:
Centralized control by founders/investors
User-generated value captured by platform
Limited user incentives for participation
Ring token platforms:
Value created by users stays with users
Platform governed by token holders
Economic incentives drive participation
Sustainable long-term value creation
Token Use Cases in Ring
1. Opportunity Listings & Services
Pay to post opportunities (prevents spam)
Pay developers for customization work
Reward quality contributions with bounties
2. Governance & Voting
Feature prioritization - token holders vote on roadmap
const features = {
tokenPayments: true,
staking: true,
governance: true,
nftMarketplace: false, // Can add later
}
Fee Structure Configuration
1
Set platform fees:
// config/fees.ts
TypeScript
typescript
export const feeStructure = {
opportunityListing: 10, // 10 tokens to post opportunity
marketplaceTransaction: 0.01, // 1% in tokens
premiumFeatures: 100, // Monthly premium subscription
stakingRequirement: 50, // Minimum stake for vendors
}
2
Implement fee collection:
// lib/fees/token-fees.ts
TypeScript
typescript
export async function collectListingFee(userId: string, amount: number) {
// Transfer tokens from user to platform treasury
await walletService.transfer({
from: userId,
to: TREASURY_ADDRESS,
amount,
token: 'MPT'
});
}
Staking System Setup
Staking Contract
1
Create staking contract:
// contracts/Staking.sol
Solidity
solidity
contract Staking {
mapping(address => uint256) public stakedBalance;
mapping(address => uint256) public stakingTimestamp;
function stake(uint256 amount) public {
require(amount > 0, "Cannot stake 0");
// Transfer tokens to contract
token.transferFrom(msg.sender, address(this), amount);
stakedBalance[msg.sender] += amount;
stakingTimestamp[msg.sender] = block.timestamp;
}
function unstake(uint256 amount) public {
require(stakedBalance[msg.sender] >= amount, "Insufficient stake");
// Return tokens
token.transfer(msg.sender, amount);
stakedBalance[msg.sender] -= amount;
}
}
2
Rewards distribution:
Solidity
solidity
function distributeRewards() public onlyOwner {
// Calculate and distribute staking rewards
for (address staker : stakers) {
uint256 reward = calculateReward(staker);
token.mint(staker, reward);
}
}
npx hardhat run scripts/deploy.ts --network sepolia
2
Test all functions:
Token transfers
Staking/unstaking
Fee collection
Governance voting
3
Audit smart contracts:
Hire professional audit firm before mainnet deployment.
4
Deploy to mainnet:
terminal
bash
# npx hardhat run scripts/deploy.ts --network mainnet
Phase 2: Community Distribution
1
Airdrop to early users:
// scripts/airdrop.ts
TypeScript
typescript
const earlyUsers = [
'0x1234...',
'0x5678...',
// Early platform users
];
for (const user of earlyUsers) {
await token.transfer(user, 1000); // 1000 tokens each
}
2
Liquidity provision:
Provide initial liquidity on Uniswap or similar DEX.
3
Staking incentives:
Reward early stakers with bonus tokens.
Phase 3: Feature Activation
1
Enable basic features:
Start with opportunity listing fees and basic staking.
2
Gradual rollout:
Enable advanced features as community grows:
Governance voting
Advanced staking rewards
Marketplace integration
3
Community governance:
Let token holders decide on future features and parameters.