Participate & Earn
MULKI is never sold by the protocol. The only way to acquire it is to earn it through participation, buy it from existing holders, or receive it through citizen enrollment.
How to Earn MULKI
All 21 million MULKI tokens were minted at genesis. No new tokens can ever be created. The protocol never sells MULKI. The only ways to acquire it are: earn it from the 21% ecosystem pool through participation, buy it from existing holders on secondary markets, or receive citizen distributions.
📖 AMM Liquidity Provider Rewards
Provide DING/USDC or MULKI/DING liquidity to the PROVINCA AMM and earn MULKI from the Ecosystem Rewards pool (4,410,000 MULKI). Rewards are distributed based on your share of total liquidity and duration of provision.
Source: 21% Ecosystem Rewards pool (4,410,000 MULKI). Released gradually based on AMM activity and governance parameters. Not an inflationary emission — these tokens already exist and are held in the Ecosystem Rewards contract.
4,410,000 MULKI ecosystem pool🔄 AMM Swap Fees
The AMM charges a 0.3% fee on every swap. The majority goes to liquidity providers. A share flows to the DIWAN Treasury as a stability reserve. LPs earn fees proportional to their liquidity contribution.
Note: Swap fees are paid in the traded tokens (DING, USDC, MULKI), not in new MULKI emissions. Fee income is separate from the Ecosystem Rewards pool.
0.3% swap fee📝 Bond Crisis Participation
When DING trades below peg, bond purchasers burn DING to receive perpetual bonds at Dutch auction. Bonds accrue simple interest at the auction-determined APR. Highest-APR bonds are redeemed first when the system recovers.
Mechanics: Bonds are perpetual ERC721 tokens. Minimum 4-week hold before redemption. APR is permanent for each bond's life. No discount model — buyers pay 1 DING per bond, auction determines the interest rate.
Market-determined APR🏆 Governance Staking
Stake MULKI to participate in governance voting. Voting is the reward. This is a commitment mechanism, not an investment. There is no yield, no revenue share, and no dividends from the protocol for stakers.
Requirements: 14-day minimum stake. 14-day unstaking delay. No minimum stake amount. Staked tokens receive double voting weight (2.0x). Unstaked/passive tokens receive half weight (0.5x).
14-day stake / 14-day unstake🌎 Citizen Enrollment (Phase 3+)
Enrolled citizens receive per-capita DING distributions. Every dollar minted for a citizen is split fifty-fifty: half to the citizen's wallet, half to their government treasury. The distribution is hard-coded at the smart-contract level. Entry requires a governing DIWAN vote and verified civil registry enrollment.
50/50 citizen/gov splitGenesis Allocation
Total MULKI supply is fixed at 21,000,000. All tokens were minted at genesis. No inflation. No bonding curve. No protocol sale.
| Allocation | Share | Tokens | Notes |
|---|---|---|---|
| DIWAN Treasury | 61% | 12,810,000 | Minting reserve. Consumed as users mint DING. Algorithmic voting in Phase 2+. |
| Ecosystem Rewards | 21% | 4,410,000 | AMM LP incentives, trading rewards, ecosystem contributors. Released gradually via governance. |
| Founder | 18% | 3,780,000 | Vests on the new chain, ideally after Phase 3. Locked until then — enables dPOS consensus. |
Key design features:
- No token sale. No ICO. No bonding curve purchase. Ever.
- DIWAN Treasury holds 61% but does NOT vote in Phase 1. Voting activates Phase 2+.
- Founder vest gated to Phase 2 = founder has skin in the game for Phase 1 success.
- Ecosystem Rewards = earning-only pathway. You get MULKI by providing liquidity, not by buying it from the protocol.
What Governance Stakers Earn
Nothing from the protocol directly. No yield, no fees, no revenue share. MULKI is valuable because:
- Structural demand: Minting DING requires MULKI as collateral.
- Scarcity: Fixed 21M supply, no inflation.
- Deflationary: DIWAN Treasury permanently absorbs supply through minting.
- Voting power: Control over system parameters (governance premium).
- Price appreciation: If system grows, more demand for minting collateral.
This is closer to Bitcoin's value proposition (scarcity + utility) than to CRV/FXS (revenue sharing).
Support PROVINCA
PROVINCA development is funded by community contributions and protocol revenue. No venture capital. No token sale. If you believe in the mission, your support directly accelerates development, security audits, and partner government outreach.
Contribution Addresses
Send to the following addresses. All contributions are used for protocol development, security audits, and legal defense. Transparent accounting published quarterly.
Contributions are not tax-deductible in most jurisdictions. Contributors receive no tokens, rights, or preferential treatment. This is a gift to the commons.
Contract Addresses
Contracts are live on Sonic Mainnet. Click any address for SonicScan verification.