$CLOAK

Token and economics

$CLOAK ties the network together: it is how inference is metered, how contributors and backers earn, and how the network's privacy parameters are eventually governed.

Three roles

Metering unit

Inference is billed in $CLOAK (or in a stable that settles to it). Tokens are the unit of account - there is no prompt history and no profile behind the bill. Metered, not monitored.

Staking asset

Stake $CLOAK to align with the network and earn a share of real revenue. Principal stays in a vault only your wallet can withdraw from.

Governance

Over time, stakers govern the parameters that matter most - above all the privacy thresholds the receipts are checked against.

Treasury fuel

A share of every settlement funds the treasury that underwrites the privacy research proving the network's core claim.

How revenue flows

Cloak runs on real yield, not emissions. The money that moves through the system originates from actual paid inference - the compute margin on jobs the swarm serves - plus a share of $CLOAK trading fees.

Inference revenue splits to workers, treasury, and the staking pool. The treasury both buys back and burns $CLOAK and pays USDC yield to stakers.

The settlement split

Each settled job is split roughly as follows, and the treasury share is then put to work:

~60% to GPU workers - paid per job, released only against a valid receipt.
~30% to the treasury - funds privacy research and the buyback engine.
~10% to the staking pool - funded to stakers as real yield.

Treasury policy: half and half

Of the value flowing into the treasury, roughly half buys back and burns $CLOAK (removing supply permanently) and half is paid to stakers in USDC. The live figures are shown on the treasury dashboard. See Staking and treasury.

Policy versus on-chain

These percentages are the target economic policy. Some splits are enforced off-chain at settlement today and will move on-chain as the settlement contract lands; the treasury dashboard shows preview data until the indexer is wired. We label what is live versus targeted rather than blur them.

Chain and launch

$CLOAK is an SPL token on Solana. The website reads the mint, reward token, and staking program from environment configuration, so staking and treasury light up automatically once they are set.

Audit gate

The staking contract is self-custody by construction, but custody of real funds waits on an audit. Contracts are treated with the same "not proven until measured" discipline as the inference stack.