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$GRID

A unit of work, not a speculation.

$GRID is the optional native currency of the iogrid mesh. Providers can elect to earn in $GRID. Customers can elect to pay in $GRID for a 20% discount. Holders can vote on routing parameters. That’s the whole story. We do not — and will never — promise that the price goes up.

What $GRID does

Utility, three ways

  1. 1. Payout currency. Providers may elect $GRID as their payout currency at signup. The network mints rewards continuously per workload contributed. Cash and free-VPN payouts remain fully supported — $GRID is opt-in.
  2. 2. Customer payment. Customers paying invoices in $GRID receive a 20% discount vs list-price USD. The discount exists because paying in $GRID removes one swap step from our settlement flow.
  3. 3. Governance signal. Long-term holders vote on routing parameters: regional pool sizes, category opt-out defaults, anti-abuse thresholds. One token, one vote. Not retroactive: parameter changes apply forward.

What $GRID is not: a security, an investment contract, or a promise of future value. The whitepaper documents every economic mechanism. Read it before holding.

Mechanics, plainly

Solana SPL token

Sub-second finality. ~$0.0005 per transaction. Audited Token-2022 program. Multisig treasury via Squads Protocol.

Provider vesting

Earned $GRID vests over 30/90 days with longer-lockup tiers available at signup for higher reward multipliers. Stops day-1 dumps; rewards conviction.

Revenue burn

2% of all customer revenue is converted to $GRID via Jupiter swap and burned. Public, on-chain, verifiable.

Emission halving

Bitcoin-style halving every 24 months. Year-1 emission is 5% of supply; Year-10 cumulative is ~48.5%.

Customer discount

Pay invoices in $GRID and the gateway applies a 20% discount. The tokens flow through to providers + the burn wallet.

Geo-restrictions at launch

US persons are excluded from primary issuance. Standard practice for Solana-ecosystem tokens. See the legal section of the whitepaper.

What we do not say

  • We do not say “buy $GRID, the price will rise.”
  • We do not say “hold $GRID for passive yield.”
  • We do not publish forward-looking price targets.
  • We do not run influencer campaigns or pump channels.
  • We do not pay for shilling, “market making,” or wash trading.

$GRID exists because deflationary, network-native settlement removes friction from the provider-payout flow. The price will be whatever the open market decides. Past performance of similar tokens is not indicative of future results. If you’re not already comfortable with that, just take cash payouts — the network works fine without you owning a single $GRID.

Read before you hold

The full $GRID whitepaper documents emission, vesting, governance, and the legal risks we believe are material. It will be published ahead of mainnet TGE.

Whitepaper (pre-TGE draft)