Tokenomics

GNK Tokenomics

GNK is the native token of the Gonka network. Hosts receive GNK for processing AI requests, and developers spend GNK on inference. Here's how the economy works.

Token Distribution

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80%

800M GNK -- to hosts

Rewards for providing GPU power to the network. Distributed in epochs, proportional to Active Proof-of-Compute weight.

20%

200M GNK -- to founders

Team allocation (David and Daniil Liberman).

Total supply: 1,000,000,000 GNK (1 billion). On-chain unit: ngonka (1 GNK = 1 billion ngonka).

How Rewards are Accrued

Proof of Work 2.0

Unlike Bitcoin, GPUs in Gonka perform real AI inference (Transformer-Based PoW). Participants compete in time-bound "Races" (Sprint mechanism).

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Weight (node weight)

Rewards are proportional to the node's weight in the network:

  • 20% -- base weight -- automatically active when connected
  • 80% -- collateral -- activated by locking GNK tokens

Proof-of-Computation V2 (PoC V2)

PoC V2 has been activated since v0.2.9 (January 2026). Computations are verified via deterministic sampling with O(N*N_SLOTS) optimization. BLS verification: <10ms. During network upgrades, an Upgrade Grace Period (3000 blocks, ~5 hours) is active.

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Dynamic Inference Pricing

  • Recalculation: price per model updates every block
  • Stability Zone: at 40-60% network utilization, price remains unchanged
  • Below 40%: price drops (stimulates demand)
  • Above 60%: price increases (more revenue for hosts)
  • Limit: maximum 2% change per block per model
  • Current price: ~$0.0021 / 1M tokens (for comparison: OpenAI GPT-5.4 ~$2.50-15/1M tokens)

Where to trade GNK

Important: GNK is traded on several platforms, but is NOT yet listed on major exchanges (Binance, Coinbase). The current price can be checked on CoinPaprika.

Current GNK price: $0.62 -11.4%

Hosts can also exchange GNK for USDT/ETH/BTC via the Gonka Network smart contract.

Want to earn GNK? Start mining - from $30 through pools or rent a GPU.

Wallets for GNK

GG Wallet

Open-source Chrome extension, focused on Gonka. Full transaction history.

Keplr

Universal Cosmos wallet. Supports Gonka Network.

Leap

Another Cosmos wallet with Gonka support.

Gonka.Wallet

Telegram

Telegram Mini App — 1-click wallet, built-in pools and GPU node share purchases.

GG Wallet -- recommended wallet for Gonka. Open-source, Chrome extension, full transaction history.

Install GG Wallet →

Founders and Team

David & Daniil Liberman — Gonka founders

The Liberman brothers are serial entrepreneurs with a 20-year track record. A family of scientists: their father is a USSR State Prize winner, a biophysicist who predicted RNA splicing before its discovery.

  • David Liberman -- CEO. Co-founder of Kernel AR (acquired by Snap), Product Science ($18M seed, Coatue, Benchmark).
  • Daniil Liberman -- CTO. Co-founder of Kernel AR, Product Science. At Snap: Bitmoji 3D, Android optimization.
  • Security: CertiK audit. Over 170 active issues on GitHub, continuous development.

Founders' Track Record

  • Kanobu -- 3.1M unique users/month, sold to Rambler&Co
  • "Mult Lichnosti" (Cartoon Personalities) -- prime-time show on Channel One
  • Kernel AR -- AR/3D avatars, acquired by Snap Inc. (industry data, ~$64M)
  • 4.5 years at Snap -- Bitmoji 3D and Android Snapchat optimization
  • Product Science -- $18M seed from Coatue and Benchmark, 40 employees
  • Libermans Co -- holding with a $400M valuation, Founders Pledge for 30 years
  • Gonka -- culmination of 20 years of experience in technology and entrepreneurship

George Kikvadze (Bitfury): "Gonka is the Bitcoin of AI."

Investors and Funding

The project was founded by David and Daniil Liberman, creators of Kernel AR (acquired by Snap).

  • 2023: $18M -- Coatue, Slow Ventures, Mantis VC, K5 Ventures
  • November 2025: $12M -- Bitfury
  • December 2025: $50M -- Bitfury Capital
  • Total: ~$80M+

Network Governance

At Gonka, decisions are made by the community, not a single company. Voting takes place on-chain – the weight of the vote depends on the computational contribution (Proof of Compute), NOT on the number of tokens purchased. Improvement proposals (GiP) are discussed openly on GitHub Discussions.

Voting

9+ upgrade votes have already been conducted on-chain. Two-level system: operational voting (minutes, validity disputes) and strategic (days, network upgrades). Any host with active PoC can vote.

GiP -- Gonka Improvement Proposals

Open proposals on GitHub Discussions. 18+ active discussions: multi-model PoC, inference scaling, Gonka Node Manager, and others. Any participant can propose an improvement.

Network Parameters

The community can change by voting: epoch reward size, decay rate, slashing percentage, grace period length, power limit per participant (30%), inference pricing parameters, and other key settings.

Community Pool

~20% of genesis emission (~200M GNK) is allocated for grants, bounties, and ecosystem development. This fund fuels network growth.

Real Bounties -- During one upgrade cycle (v0.2.10), ~30,000+ GNK was paid out: 10,000 GNK for vulnerability fix, 5,000 GNK for the first bug report, 2,500 GNK for review. Amounts from 100 to 10,000 GNK for PRs.

Additionally, 20% of inference revenue is reserved for training new AI models – the network invests in its own development.

Network Governance: All payments from the Community Pool are included in the upgrade proposal and approved through on-chain voting – no one can spend the fund without community consent.

Network Protection

Gonka is designed so that no single participant can control the network. Multiple layers of protection ensure the security of your computations and rewards.

Power Capping

Maximum 30% of network power per participant. This prevents monopolization and ensures that rewards are distributed fairly.

Genesis Guardian

In the early stage, 3 guardian nodes ensure stability with 34% consensus power. The system automatically deactivates when network power reaches 10,000,000 – thereafter, the network is entirely in the hands of the community.

Participant Monitoring

All nodes monitor the repository for unauthorized changes. Upon detection of a suspicious commit, all network participants are immediately notified.

An allowlist for new nodes is active until block 2,222,222 – a network stabilization period.

Collateral and Vesting

Gonka does NOT use traditional token staking. Instead – a collateral system that protects the network from unscrupulous participants.

Grace Period

180 epochs (~6 months) – a period when new hosts can mine without collateral. You receive a 20% base weight immediately. After the grace period, collateral must be provided to receive full rewards.

Slashing (Penalties)

20% collateral for fraud (invalid inference), 10% for downtime. Unbonding period: 1 epoch. These rules protect honest participants.

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Reward Vesting

All rewards (Work, Reward, Top Miner) undergo vesting for 180 epochs (~180 days). Automatic unlock every epoch. This stabilizes the market and protects against sudden sell-offs.

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Weight Structure

20% – base weight (unconditional, for connection). 80% – collateral-dependent (requires GNK collateral). With insufficient collateral, rewards are 5 times lower.

Start earning GNK

Mainnet is active. Over 5400 GPUs processing requests. PoC V2 ensures fair rewards.

Mining Guide