Allodium is a Cooperative which backs an abundance-based monetary system of Appreciation Tokens (@).
Each member of Allodium generates 1@ every day which is credited to their account. This form of token generation is as fair and evenly distributed as possible.
Appreciation Tokens (@) are generated in 3 other ways as well, incentivizing the development of Allodium through: labor, staking assets to the Cooperative, and reinvesting @ into OG Cred (Ø) stakes in Allodium, which generate additional @.
Allodium @ are accounted for on the Allodium Exchange Ledger and weekly reports are published to provide transparency and accountability. Currently, as of Week #17, 13705@ have been generated amongst a total of 27 members.
Appreciation Tokens (@) are transferable to the Waves Decentralized Exchange and trade under the ticker (Allodium AT).
A total of 1,000,000 Allodium AT exist. Out of those (as of Week #17), 991132 Allodium AT are in the Allodium Reserve and are out of circulation. Allodium AT enter circulation as @ are deducted from a member's Allodium Exchange Ledger account, and then Allodium AT are sent to the member's Waves address from the Allodium Reserve Waves account. Currently, 8868 Allodium AT (out of total 13705@) are in circulation.
Allodium AT can be purchased with Waves coins by any participant on the Waves Decentralized Exchange. If Allodium AT holders then wish to transfer them for @ on the Allodium Exchange Ledger, they can do so by sending them to the Waves Allodium Reserve account, along with the Member's name and OG# in the description/message. This creates a record on the blockchain, from which the @ can be credited on the Allodium Exchange Ledger.
Useful links -
Appreciation Token Information- http://ogfoundation.com/allodium/appreciation-tokens/
Allodium Exchange Ledger- https://docs.google.com/spreadsheets/d/1Py5dJTLGr-lLzPxBEzFf2ji94nRjpRwJSkeknNidbYc/edit?usp=sharing
Allodium Reserve Waves account address- 3PNw586zKJuhT6PdxpD4fBLT5skc69UzhvN
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