PALIMESH ECONOMY
The $MESH token
$MESH powers the PaliMesh storage network — it pays for storage and rewards the nodes that keep data alive. Settled on Palium.
- Token
- $MESH
- Total supply
- 1,000,000,000
- Settlement chain
- Palium (88780)
- Node bond
- reuses $PALI
Mechanics
How $MESH works
Storage is a service; $MESH is its independent unit of account.
Storage incentive
Storage nodes earn $MESH by proving they hold data — the PoSe Storage (S) challenge — released from the reward pool at a steady rate.
Payment flow
Users pay $MESH to store data. Each payment splits 70% to storage nodes, 20% to the PaliMesh treasury, 10% burned — a mild deflationary pull as the network grows.
Node bond reuses $PALI
Storage nodes are Palium nodes; they bond $PALI and are slashed on lost data via the existing PoSe mechanism. No separate $MESH stake required.
Relationship to $PALI
$MESH is independent and unpegged. Because it settles on Palium, its transaction gas is paid in $PALI — the two tokens reinforce rather than compete.
Supply
Fixed supply, steady release
1,000,000,000 $MESH, no inflation — the reward pool releases linearly.
Settlement flow
From storage proof to $MESH
Once per epoch, entirely on Palium.
- 01
Storage challenge
A challenger samples a chunk, the storage node returns a Merkle path proof, witnesses sign.
- 02
Submit the Merkle root
The relayer aggregates only the storage bucket into a Merkle root and submits it to StorageRewardManager.
- 03
Node claim
The node claims with a leaf proof; $MESH is minted to the operator recorded by PoSeManagerV2. 30-day claim window, then swept.
- 04
Payment split
Users pay for storage in $MESH: 70% to storage nodes, 20% to the treasury, 10% burned.
The settlement contracts (MeshToken, StorageRewardManager, MeshVesting) are complete and end-to-end tested, pending deployment to Palium Canary.
Bond and gas are paid in $PALI
A storage node is a chain node staking $PALI; gas for $MESH transactions is also paid in $PALI.
See $PALI economics