$SONGS Advanced Tokenomics
1. Artist Staking Pools
- Fans stake $SONGS directly on an artists, social proof
- Staking gives perks (priority access, governance voice in artist, early SongShares access).
- Performance multiplier: if the artist’s songs outperform (measured by streaming revenue flow, resale volume of SongShares, or growth in unique holders), stakers receive boosted rewards in $SONGS.
- Effect: ties $SONGS demand to real music success.
2. SongShare → $SONGS Yield Conversion
- Holders can deposit SongShares into the protocol (they’re still credited as the owners, but they lock them).
- The protocol tracks how that song performs (revenue inflows).
- Based on performance, those staked SongShares earn $SONGS rewards from the ecosystem pool.
- Effect:
- Incentivizes people to back strong songs and lock liquidity.
- Creates “proof of music performance” as an on-chain metric that flows into $SONGS issuance.
3. SONGS Distributor Dynamics
- The first protocol-native distributor acts as a staking sink:
- Users can stake $SONGS into the distributor.
- Distributor uses this stake as “curation power” to prioritize releases, boost discoverability, or lower fees for artists.
- Distributor revenue → partially flows back to stakers as $SONGS rewards.
- Effect: distribution becomes a curated, participatory service, not just a back-end.