Genesis · launch mechanism

A fixed pool. No private allocation.

100M ADM. Burn-to-mint and Node Runner rewards. Five-year launch phase.

Pool size 100MADM
Path A · burn 70M70%
Path B · Node Runners 30M30%
Time cap 5YEARS
Founder allocation 0ZERO
§01 / THE POOL

One hundred million,partitioned at genesis.

The full supply of ADM is set at genesis and minted only as it's claimed. There is no token that exists before someone earns it through one of the two paths.

100M ADM · FIXED
PATH A · BURN-TO-MINT 70,000,000 ADM

Anyone who burns BTC or ETH to a verifiable null address can claim ADM at the protocol-defined rate. Mathematics; no permission needed. Per-address claim caps prevent early concentration.

PATH B · NODE RUNNER REWARDS 30,000,000 ADM

Earned block-by-block by the Node Runners (validators in the spec) actually running the chain. The only way to acquire stake from work, not capital. Calibrated to drain over the launch phase — a target of two to three years at single-digit ADM per block.

UNCLAIMED · BURNED DESTROYED AT 5Y

If the pool isn't exhausted within five years of genesis, the remainder is provably destroyed. The protocol does not retain it. The founders do not retain it. It simply ceases to exist.

§02 / PATH A · CAP SCHEDULE

Caps that liftover twelve months.

Per-address claim caps prevent the first hour from being dominated by a few large actors. The cap rises through five phases until it lifts entirely at month twelve.

Months 0–1 1%

Tightest cap. The first month is for spreading distribution wide.

Months 1–3 2%

Slight relaxation as participation broadens.

Months 3–6 4%

Mid-launch. More room for committed holders.

Months 6–12 8%

Late launch. Caps still meaningful but minimal.

Month 12+ Uncapped

Caps lift. Anyone can claim any amount.

§03 / POST-LAUNCH ISSUANCE

After the launch phase,new ADM is issued only to Node Runners.

Once the genesis pool exhausts (or the five-year cap is reached), the protocol transitions to a perpetual issuance schedule. The rate is fixed at genesis and cannot be modified without a hard fork. Issuance flows entirely to Node Runners and their delegators — never to a foundation, never to a treasury, never to the implementers.

Years 1–5 4%/ YEAR

Substantial early rewards to bootstrap a robust Node Runner set.

Years 6–10 3%/ YEAR

Inflation tapers as the chain matures and fee revenue grows.

Years 11–20 2%/ YEAR

Continued tapering toward long-run equilibrium.

Year 21+ 1%/ YEAR

Asymptotic floor in perpetuity. Balances against fee burn.

WHERE ISSUANCE GOES WP §10.3.2

Node Runners and their delegators. Nothing else.

Each epoch, issuance is distributed across the active set in proportion to bonded stake, including delegations. Each Node Runner's share is then split between the Node Runner and their delegators per the Node Runner's commission rate (typically 5–15%). No portion is reserved for a foundation, a development fund, or any other recipient.

SUPPLY DYNAMICS WP §10.4.4

Issuance balanced against fee burn.

Base fees on every transaction are destroyed via an EIP-1559-style mechanism; tips go to Node Runners. Under typical usage, fee burn approximately equals issuance, producing roughly stable supply. Heavy usage produces net deflation; light usage produces modest inflation.

§04 / WHAT IS NOT HAPPENING

Notable absences,by design.

Most chain launches involve at least some of these. Adamant deliberately involves none. The negative space is the point.

×

No premine

No tokens exist before genesis. Not even one.

×

No founder allocation

The implementers receive no ADM by virtue of having built it.

×

No VC round

Nobody has invested cash in exchange for early tokens.

×

No insider sale

There is no private round at a discount before public access.

×

No foundation reserve

No pool of ADM held back for future protocol development.

×

No vesting cliff

Because there is no allocation to vest.

×

No bridge subsidy

No marketing fund. No incentive program. No liquidity mining.

×

No retroactive airdrop

No reward for past activity on other chains.

The full mechanism is inspecification §10–11.