DOCK token for decentralized future
The DOCK token was created to empower a future internet built with identity ownership, privacy, and trusted data at its core.
DOCK tokens have a fixed supply which makes it more scarce and has the potential to preserve its value.
Sustainable Release Schedule
DOCK tokens’ release schedule slows down over time, providing robustness of the ecosystem through larger rewards in the early years, and sets the network for long-term success.
Stake and Earn
Dock offers exciting staking opportunities for token holders to earn passive income by locking up their tokens and helping to secure the network, earning rewards for their contribution.
Fueling and securing Dock’s network
Every Decentralized Identifier created or a Verifiable Credential anchored on the Dock blockchain is a transaction that incentivizes block producers for their contributions.
The utilities of the DOCK token can be divided into 3 main categories:
Any DOCK token holder can participate via open proposal submission, voting on the direction of the network, and electing board members to the Dock Association.
DOCK tokens are required to process operations on the Dock network including creating decentralized identifiers (DID), revoking and anchoring credentials, and creating schemas to structure credentials.
Staking and Validating
Stakers can stake their tokens and nominate others on their behalf. The network selects validators based on their stake and distributes rewards to both validators and nominators.
How to buy DOCK tokens?
DOCK tokens can be purchased on various platforms and exchanges. Buy and HODL DOCK to become a part of Dock’s Web3 and Decentralized Identity ecosystem.
Note* - The Transak integration is not available in the United States, China, and other select countries. View list of supported countries
There are two ways to stake DOCK
Tokenomics and distribution
The total supply of DOCK token is 1 billion. Each year, the network will release 25% of the remaining supply at most and the released tokens will be equally distributed across epochs, each of which lasts 10 days.