Network Economy
Settlement and incentive principles inside the Novij Protocol ecosystem and its New Protocol Token (NPT).
New Protocol Token (NPT)
1 NPT is divided into 1,000,000 μNPT (microtokens). The minimum unit on the network is 0.000001 NPT (= 1 μNPT).
Roles of the NPT Token
- Payment for operations (read, write, storage)
- Registration and maintenance of servers
- Participation in voting (moderation and governance)
- Rewarding module developers
- Partner and referral payouts
Entry Threshold for Nodes
Minimum requirements (Layer-0 and Layer-1):
- Storage Server — deposit of 100,000 NPT (frozen; only spent through penalties)
- Mediator Server — deposit of 100,000 NPT (frozen; only spent through penalties)
Cost of Basic Operations
- Read one block — 0.000010 NPT
- Write one block — 0.000100 NPT
- Storage of one block — 0.000010 NPT · day⁻¹
Token Distribution per Any Operation
- 40% — system development fund
- 20% — storage server that actually served the data
- 10% — mediator server that processed the request
- 30% — referral and bonus system
(partners and module developers)
Daily Deductions
Each active server node (storage or mediator) pays 0.000010 NPT/day. If unpaid, the node is excluded from voting and its weight is reset.
Example: Reading 1 Block for 0.000010 NPT
- 0.000004 NPT → development fund
- 0.000002 NPT → storage server
- 0.000001 NPT → mediator server
- 0.000003 NPT → partner / developer
Data Storage Payment Mechanism
Storage is charged at 0.000010 NPT · block⁻¹ · day⁻¹ and calculated monthly.
For each write, a “storage pool” is created for 30 days ahead. On the first calendar day of each month, accumulated amounts for the past days are deducted from all pools.
If a wallet spent more than 1 NPT in the network during the previous month (any operations), the storage cost is refunded to the owner with the same wallet.
If there is no activity (≤ 1 NPT spent in a month), the withheld amount goes to the “common storage pool” and is distributed equally:
- 25% — system development fund
- 25% — mediator servers
- 25% — storage servers
- 25% — partner network
(excluding module authors)
Distribution is rounded to 0.000001 NPT. Server shares are calculated in proportion to confirmed data volume (proof-of-storage) and uptime.
- Storage servers prove volume through regular hash-challenges.
- Mediator servers — through the number of served requests.
Referral and Bonus System
- A partner or developer must perform ≥ 1 operation every 6 months with the referred client/module. Otherwise, the link “expires” and their share returns to the common bonus fund.
- Bonuses accumulate on an internal account; withdrawal is possible after reaching 10 NPT.
- If the bonus fund is not claimed for 12 months, the funds are automatically redistributed among active participants.