7. Tokenomics

---

7.1 Token Overview

Item	Details
Symbol	VIBER
Name	Viber Token
Standard	SPL Token (Solana)
Total Supply	1,000,000,000 VIBER (Fixed)
Decimals	9 (Solana standard)
Inflation	None (staking rewards are paid from a pre-allocated pool))

---

7.2 Token Allocation

Category	Allocation	Token Amount	Use
Community & Staking	30%	300,000,000	Staking rewards, airdrops, participation incentives
Ecosystem & Growth	25%	250,000,000	Partnerships, marketing, IP acquisition
Treasury	20%	200,000,000	Buyback seed, operating expenses, emergency fund
Team & Advisors	15%	150,000,000	Long-term incentives for key contributors
Liquidity (LP)	5%	50,000,000	Initial DEX liquidity
Public Sale	5%	50,000,000	Initial funding

Allocation Principles

• Community/Ecosystem share at 55% to minimize centralization concerns

• Team allocation at 15%, kept at the lower end of the industry average (15–20%)

• Treasury at 20% to secure buyback and long-term operating funds

---

7.3 Vesting Schedule

Category	TGE Unlock	Cliff	Linear Vesting
Community & Staking	0%	-	60 months
Ecosystem & Growth	5%	-	48 months
Treasury	10%	-	36 months
Team & Advisors	0%	12 months	36 months
Liquidity (LP)	100%	-	-
Public Sale	20%	-	12 months

Vesting Details

Team & Advisors (150,000,000 VIBER):

• 12-month cliff: no unlock for 1 year after TGE

• Months 13–48: linear vesting of ~4,160,000 VIBER per month

• Purpose: ensure long-term commitment, prevent short-term sell pressure

Community & Staking (300,000,000 VIBER):

• No TGE unlock

• 60-month linear distribution: 5,000,000 VIBER per month

• Use: staking rewards, participation incentives, event rewards

Treasury (200,000,000 VIBER):

• 10% unlocked at TGE (20,000,000 VIBER): initial operations and buyback seed

• 36-month linear: 5,000,000 VIBER per month

• Use: buyback & burn, new IP acquisition, emergency funds

---

7.4 Staking Economy

Staking Reward Structure

Staking rewards are paid from the Community Pool (300,000,000 VIBER). A pre-allocated pool is used rather than inflation.

    [Staking Pool]
         │
         ├─ Annual allocation: 60,000,000 VIBER (20% of total pool)
         │
         ├─ Year 1 APY: 15–20% (estimate)
         ├─ Year 2 APY: 12–15%
         └─ Year 3 APY: 8–12%

Real Yield Logic

A staker’s real yield is determined by two factors.

Factor	Description	Impact
Token Rewards	VIBER paid from the staking pool	Fixed (gradually decreasing)
Buyback Effect	Token burn using film revenue	Variable (linked to box office performance)

Scenario Analysis

Scenario	Token Rewards	Buyback Burn	Net Supply Change	Expected Price Impact
Blockbuster film	+60,000,000	-25,000,000	-15,000,000 decrease	Upward pressure
Moderate success	+60,000,000	-10,000,000	+50,000,000 increase	Neutral
Box office failure	+60,000,000	-2,000,000	+58,000,000 increase	Downward pressure

Key: the bigger the film success, the larger the buyback → the larger the burn → the higher the real value of staking rewards

---

7.5 Buyback & Burn Mechanism

Buyback Funding Sources

Revenue Source	Buyback Ratio	Estimated Annual Scale
Film/Drama revenue	50%	Variable (core)
Platform transaction fees	100%	KRW 200–500 million
Goods sales	30%	KRW 100–300 million
Secondary-creation royalties	50%	KRW 50–200 million

Buyback Process

    [Revenue Generated]
         ↓
    [Treasury Deposit]
         ↓
    [Execute Buyback]
    - Execute regularly once per week
    - Market buy on DEX (Raydium/Orca)
    - Immediately burn purchased tokens
         ↓
    [On-chain Disclosure]
    - Publish transaction hash
    - Confirm transfer to burn address

Burn Targets

Period	Target Burn Amount	Target Circulating Supply
Year 1	50,000,000	950,000,000
Year 2	100,000,000	900,000,000
Year 3	150,000,000	850,000,000

Transparency Assurance

• All buyback/burn transactions recorded on-chain

• Publish monthly burn reports

• Operate a real-time supply dashboard

---

7.6 Liquidity Management

Initial Liquidity (TGE)

Pool	Allocation	Platform
VIBER-USDC	30,000,000 VIBER	Raydium
VIBER-SOL	20,000,000 VIBER	Orca

Liquidity Incentives

Period	Monthly Incentive	Expected APR
1–6 months	2,000,000 VIBER	80-120%
7–12 months	1,500,000 VIBER	50-80%
13–24 months	1,000,000 VIBER	30-50%

Liquidity Lock-up

• Team-held LP tokens: 24-month lock-up

• 48-hour advance notice before removing liquidity

---

7.7 Supply Simulation

3-year Circulating Supply Forecast

Item	Year 1	Year 2	Year 3
New unlock (vesting)	120,000,000	100,000,000	80,000,000
Staking rewards	60,000,000	60,000,000	60,000,000
Buyback burn	-50,000,000	-100,000,000	-150,000,000
Net circulating supply change	+130,000,000	+60,000,000	-10,000,000
Cumulative circulating supply	230,000,000	290,000,000	280,000,000

Key: from Year 3, buyback burns may exceed new unlocks, enabling a potential transition to deflation

---