Dev Protocol

DEV is an inflationary token that is rewarded to patrons and OSS projects for being active participants in the Dev Protocol ecosystem. The Dev Protocol inflation rate for minting is determined by the total amount of DEV staked versus OSS projects onboarded. The result is a sustainable counter-balance system.

Patrons stake DEV tokens for OSS projects they support which mints new DEV tokens for themselves and the OSS project. This is a new way of crowdsourcing knowledge for the value of public goods.

The DEV token will become a governance token that governs the Dev Protocol treasury, the inflation rate, and submitted proposals.

Dev Protocol takes a 5% OSS token fee upon minting that is then sent to the Dev Protocol Treasury which DEV token holders will eventually govern. Meta-Governance capabilities will allow DEV token holders to vote on the underlying portfolio of OSS tokens. Think of it as the world’s first OSS ETF.