Dual Token System
A Multi-Currency Ecosystem for Stability and Growth
The Project Mycelium ecosystem uses two tokens:
- AUR (yin) : Stable currency for purchasing services, linked to Gold
- SPORE (yang): Tradable token for growth and investment, reward for hosters.
This dual-currency system ensures both price stability for services and growth potential for hosters and token holders.
Token 1: SPORE (Spore Token)​
SPORE is the primary token of Project Mycelium. It represents ownership in the growth of the ecosystem.
| Attribute | Value |
|---|---|
| Type | Tradable utility token |
| Purpose | Farmer compensation; ecosystem growth token |
| Current Price | USD 0.01 USD per SPORE (fixed till June 30, 2026) |
| Max Supply | 10 billion SPORE (capped, no infinite minting) |
| Where to Earn | Mycelium Hosts earn SPORE when users rent their node slices (80% of rental price) |
| Where to Trade | Marketplace, Liquidity Pool, and public blockchains (Phase 2 onwards) |
| Blockchain | Multi-chain (details in Phase 2) |
How Mycelium Hosts Earn SPORE​
When a user pays for a node slice rental:
| Payment Split | Recipient | Amount | In SPORE |
|---|---|---|---|
| Farmer | You | 80% | ✓ Yes (SPORE tokens) |
| Burned | Destroyed | 10% | ✓ Yes (removed from circulation) |
| Protocol | Project Mycelium | 10% | ✓ Yes (development fund) |
Example: User rents your Mini 1 slice for USD 1.20/month
- Total payment: USD 1.20 USD
- You receive 80% of USD 1.20 = USD 0.96 USD
- At USD 0.01/SPORE: You earn 96 SPORE tokens
Every month, your SPORE earnings accumulate in your Project Mycelium account.
Token 2: AUR (AUR)​
What is AUR?​
AUR (Gold-Linked Currency) is a stable currency for purchasing services within Project Mycelium.
- 1 AUR = 1/1000 gram of gold (0.001g)
- Stable value, pegged to gold price
- Used internally in marketplace
- NOT tradable on external exchanges
- Backed by physical gold reserves
What is AUR?​
AUR (Gold-Backed Currency) is a stable currency for purchasing services within Project Mycelium.
| Attribute | Value |
|---|---|
| Type | Stablecoin-like utility token (non-tradable) |
| Value Peg | 1 AUR = 0.001 grams of gold (~USD 0.14 USD at current gold prices) |
| Purpose | Medium of exchange for services; price stability |
| Where to Use | Only within Project Mycelium marketplace |
| Trading | Not tradable on external exchanges (stays in ecosystem) |
| Backed By | Digital Gold + SPORE Liquidity Pool reserves |
Why AUR Exists​
Problem: If services were only priced in SPORE, prices would fluctuate wildly as SPORE price changes.
Solution: AUR pegged to gold provides predictable, stable pricing.
- Users know: "1 compute slice costs 9,375 AUR" (always equivalent to 0.001g of gold)
- Hosters know: "Minimum bid tier is 96 SPORE" (equivalent to ~USD 1.20 at fixed rate)
- No surprise price swings
Revenue Distribution & Burning​
80/10/10 Split (From Farmer Rentals)​
Every time a user pays for a slice:
- 80% → Farmer (as SPORE)
- 10% → Burned (immediate removal from circulation)
- 10% → Protocol (Project Mycelium development)
Why This System Works​
Problem: Single Token Systems Are Unstable​
- If you price services in a volatile token, prices fluctuate wildly
- Hosters and users can't plan budgets
- Utilizing the network is inherently risky because it requires holding a volatile asset
Solution: Dual-Currency System​
| Requirement | SPORE (Yang) | AUR (Yin) |
|---|---|---|
| Price stability | ✗ (tradable, floats) | ✓ (pegged to gold) |
| Growth potential | ✓ (appreciates) | ✗ (stable by design) |
| Farmer incentive | ✓ (earn & hold) | ✗ (neutral holding) |
| User budgeting | ✗ (unpredictable) | ✓ (predictable) |
Result: Hosters get paid in appreciating assets while users enjoy stable service pricing.
Controlled Minting & Burning​
- No infinite printing: SPORE has a 10 billion cap
- Deflationary: 10% of revenue burns SPORE
- Backing: Liquidity Pool reserves ensure SPORE value
Summary Table: SPORE vs. AUR​
| Feature | SPORE | AUR |
|---|---|---|
| What you earn | Yes (hosters) | No (only purchased) |
| Tradable | Yes | No |
| Price | USD 0.01 (till June 2026), then floats | USD 0.14 (gold-pegged) |
| Max supply | 10 billion capped | Unlimited (utility token) |
| Best for | Long-term holding, investment | Daily services, budgeting |
| Benefit | Appreciation potential | Predictability |
Key Takeaways for Mycelium Hosts​
- You earn SPORE: 80% of every slice rental paid to you in SPORE tokens
- Current price is fixed: USD 0.01/SPORE till June 30, 2026 (predictable earnings)
- Hold or swap: Keep SPORE for appreciation, or convert to AUR/stablecoins as needed
- Burning benefits you: Reduced supply makes your SPORE more valuable over time
- Dual currencies work together: SPORE appreciates while AUR provides service stability