Tokenomics

Five assets. One burn sink.

Two protocol coins and three module tokens, each with one job. Every fee any of them collects converges on the same place: the GENX burn. Here is what each asset is, what it does, why the protocol needs it, and why there are five.

THE CANON

5

canonical denoms, ugen, agenx, upriv, uaitk, urwat. A governance-extensible allowlist, not a hard-coded law.

THE ANCHOR

1B

GEN, fixed, mint disabled at genesis. The security collateral that can never be diluted.

THE SINK

50%

of every transaction fee is burned, plus every module fee converted into GENX on a 100-block cadence.

Why five

One token would have to be everything. It would do nothing well.

Genesis separates concerns across two native coins and three module tokens with a unified sink: module success deflationarily strengthens the gas coin. The five are not five bets, they are five jobs. Read the argument, then meet the assets.

01

Security and velocity want opposite properties

A staking asset should be scarce and stable, it prices long-term security. A gas asset should breathe with usage, cheap when idle, appreciating as activity burns it. Forcing one token into both roles creates the classic pathology: staking yields paid in inflation that debases the collateral, or gas fees so volatile that usage collapses. GEN and GENX split those jobs cleanly, and neither role distorts the other.

02

One sink, many sources

The three module tokens are not parallel currencies competing with the coins, they are tributaries. Fees paid in PRIV, AITK, or RWAT accumulate in the fee module and are converted into GENX and burned every 100 blocks. The economic statement is deliberate: when any module of the protocol succeeds, the gas coin gets scarcer. Five assets, one deflation engine.

03

Each economy is measured and isolated

A module token is the unit of account for one domain, privacy work, AI labor, RWA fees. That makes each domain's activity, emissions, and burn contribution separately legible instead of blurred into one balance. It also contains risk: a module's incentive failures and compliance burden stay inside its token, while the consensus core stays untouched.

04

Five is a parameter, not architecture

The allowlist of five canonical denoms (ugen, agenx, upriv, uaitk, urwat) is a governance parameter, extensible by vote, not a hard-coded law. New economic domains can be added as new module tokens without re-architecting the chain, and all five assets bridge to ERC-20 token pairs so Ethereum tooling sees ordinary tokens. The wrapper is a bridge format, never the asset's identity.

The five assets

What each one is for, what it does, why it is needed.

GEN coin

GEN, the anchor

COIN · ugen · 6 DEC · Staking · governance

01
1BFIXED

SUPPLY MODEL

100% of GEN exists at genesis. No mint path, the cap cannot move.

WHAT IT IS

GEN is the chain's security collateral. One billion, fixed, the mint function is disabled at genesis, so no policy, vote, or committee can issue more. It is a protocol-level coin: its staking and governance roles are baked into consensus and the ante handler, not delegated to a module.

WHAT IT DOES

Validators and delegators stake GEN to produce blocks and secure finality (1 GEN = 1 unit of consensus power). Staking GEN grants governance rights: every parameter, the fee split, the emission schedule, the canonical denom allowlist, changes only by GEN vote. GEN stakers earn the 30% staking share of every transaction fee the chain collects.

WHY IT'S NEEDED

A staking asset must be scarce, stable in supply, and attractive to hold, it prices long-term security. If the asset securing the chain were also the asset being spent and burned every block, its monetary policy would fight itself: high staking yields paid in inflation would debase the very collateral they protect. GEN is the fixed pole of the economy.

SUPPLY · 1,000,000,000 · fixedISSUANCE · Mint disabled at genesis (enforced in code)
GENX coin

GENX, the workhorse

COIN · agenx · 18 DEC · Gas · work payment · the burn sink

02

EMISSIONS · M GENX / YR

Y1 200 → Y2 160 → Y3 128 → Y4 ~102 → Y5 ~82 · −20%/yr

Declining emissions meet a growing burn: deflation is declared when net emission ≤ 0, in public.

WHAT IT IS

GENX is the gas coin and the medium of exchange for work. Its supply is elastic by design: scheduled emissions bootstrap the network while usage is low, and protocol burns shrink it as usage grows. It is an 18-decimal base denom (the EVM wei-scale standard) and wraps to WGENX on the EVM layer.

WHAT IT DOES

Every transaction pays gas in GENX. Work Provisioning bounties settle in GENX. And GENX is where every fee stream converges: 50% of every transaction fee is burned, and every fee paid in a module token (PRIV, AITK, RWAT) is converted into GENX and burned on a 100-block cadence, so module activity becomes GENX buy-and-burn pressure.

WHY IT'S NEEDED

A gas asset wants the opposite of a staking asset: cheap when the chain is idle, scarcer as the chain is used. Separating GENX from GEN lets both properties hold at once. The protocol publishes a live net-supply readout; the headline economic state, declared deflation, is reached when measured emissions fall to or below the burn rate. That is the design intent: the more the protocol is used, the scarcer the coin users need.

SUPPLY · 10,000,000,000 initial · dynamicISSUANCE · 200M/yr Y1, decaying 20%/yr, minus burns
PRIV coin

PRIV, the privacy economy

MODULE TOKEN · upriv · 6 DEC · Privacy-layer work rewards

03
—SHARE
connecting…

CONVERTED → GENX

—

WHAT IT IS

PRIV is the module token of the privacy layer. Genesis is not a privacy coin, the base chain is transparent and compliance proofs are mandatory, but private computation is real work, and PRIV is its unit of account.

WHAT IT DOES

PRIV pays for privacy-layer work: generating and verifying zero-knowledge proofs, private-settlement tooling, and compliance-proof construction. Fees paid in PRIV accumulate in the fee module and are converted into GENX and burned every 100 blocks.

WHY IT'S NEEDED

Denominating privacy work in its own token keeps the transparent core and the private layer cleanly separated: the chain's identity never becomes 'a privacy chain', while the privacy economy still feeds the same deflationary sink. A dedicated unit also makes the privacy layer measurable, its own emissions, its own fees, its own burn contribution.

SUPPLY · 2,000,000,000 via module emissionsISSUANCE · Module emissions, governed
AITK coin

AITK, the AI economy

MODULE TOKEN · uaitk · 6 DEC · AI-layer work rewards

04
—SHARE
connecting…

CONVERTED → GENX

—

WHAT IT IS

AITK is the module token of the AI layer. Protocol agents are certified, hash-committed software builds, never language models voting on state, and AITK prices the work those certified agents perform.

WHAT IT DOES

AITK pays for AI-layer work: inference and verification jobs, agent task execution, attestation review, and dispute votes. Like every module token, AITK fees convert to GENX and burn on the 100-block cadence.

WHY IT'S NEEDED

The AI layer has its own participants, its own risks, and its own emission needs, an agent economy should not be paid from the security budget of the staking coin. AITK isolates that economy: its incentives live in its own token, its failures cannot distort consensus, and its success still strengthens GENX.

SUPPLY · 2,000,000,000 via module emissionsISSUANCE · Module emissions, governed
RWAT coin

RWAT, the real-asset economy

MODULE TOKEN · urwat · 6 DEC · RWA-layer fees

05
—SHARE
connecting…

CONVERTED → GENX

—

WHAT IT IS

RWAT is the module token of the real-world-asset layer, the fee unit for tokenized real-world assets entering the chain through wrappers and bridges.

WHAT IT DOES

RWAT settles fees for RWA operations: registration, transfer, and servicing of wrapped real-world assets. Its fees convert to GENX and burn, making real-world activity a source of gas-coin scarcity.

WHY IT'S NEEDED

Real-world assets arrive with compliance envelopes, custodial partners, and risk profiles unlike anything crypto-native. Giving them their own unit keeps those flows in a separate, auditable lane, the core coins never inherit RWA compliance risk, and the RWA economy still pays into the burn sink when it works.

SUPPLY · 2,000,000,000 via module emissionsISSUANCE · Module emissions, governed

The fee engine

Where every fee goes, verified on-chain.

50/3015/5 SPLIT

x/feeburn params, live on the devnet:
burn 50 · staking 30 · treasury 15 · proposer 5

BURN · 50%

module account with no spend capability, provably unspendable

STAKING · 30%

validators and delegators, proportional to voting power

TREASURY · 15%

community pool under governance control

PROPOSER · 5%

direct reward for proposing the block

LIVE BURN SINK · DEVNETconnecting…

BURNED · AGENX

—

raw base units

FEE-BURN EVENTS

—

every tx, 50% burn

MOD CONVERSIONS

—

every 100 blocks

LAST CONVERSION

—

awaiting first batch

NET EMISSION · AGENXconnecting…

UNAVAILABLE

no emissions events indexed yet, status light reserved for the next node build

Appendix

The specifications.

ASSETDENOMDECINITIAL SUPPLYISSUANCEROLE
GENugen61,000,000,000Fixed; mint disabled at genesisStaking, governance
GENXagenx1810,000,000,000Dynamic: 200M/yr Y1, −20%/yr, minus burnsGas, work payment
PRIVupriv62,000,000,000Module emissionsPrivacy-layer work rewards
AITKuaitk62,000,000,000Module emissionsAI-layer work rewards
RWATurwat62,000,000,000Module emissionsRWA-layer fees

GENX is an 18-decimal base denom (EVM wei-scale standard, per DECISIONS 2026-09-06); the other four are 6-decimal. All five bridge to ERC-20 token pairs on the EVM layer, the wrapper is a bridge format, not the asset's identity.

These are protocol parameters and mechanisms, not offers. Genesis Protocol tokens do not exist yet , no token sale has occurred, and nothing on this page is an offer of securities. The live numbers above are read from the internal devnet's burn indexer in real time; when the devnet is unreachable they read “—”, because the site does not fake data.