vLWK Utility Token · Whitepaper v1.0 · May 2026
The economic engine of the Linework app
vLWK is a utility token — a medium of exchange, not a security. It powers in-app payments, network rewards and protocol-level deflation across Linework's four consumer verticals.
| Token name | Linework Utility |
| Symbol | vLWK |
| Standard | ERC-20 |
| Network | Polygon |
| Initial supply | 1,000,000,000 (1B) — fixed at TGE, deflationary thereafter |
| Audit | CertiK — Service Agreement signed April 28, 2026 |
| Issuer | Linework USA Inc., Delaware C-Corp, EIN 38-4280736 |
Section 01 — Vision
The bridge to the new economy
Linework is the consumer surface of an on-chain economy. Most consumer crypto products force a choice: a wallet without a marketplace, a marketplace without a social layer, a social network without a way to move value. Linework collapses the three — a self-custody wallet, a marketplace, and a feed where interactions can carry value, all sharing one identity and one currency: vLWK.
Section 02 — Utility
What vLWK does
vLWK is the medium of exchange for everything that happens inside the Linework app — three functions, all live the moment the token launches. Until then, in-app payments and rewards already run on vLWK, as an off-chain balance in the Linework wallet.
In-app payment
Every store transaction across the four verticals settles in vLWK — direct transfer to the merchant, creator or issuer, with a 1% Hub fee split between burn and Treasury.
Network reward
Actions that grow the network — providing liquidity, reaching a rank threshold, holding tokens over time — yield vLWK from the Ecosystem bucket (30% of supply).
Fee & gas
Network fees are paid in vLWK and partially rebated. Users interacting only via the dApp never need MATIC — the Hub absorbs gas at protocol level.
Composition of demand
| Source | Mechanism | Pressure |
|---|---|---|
| Users | Acquire vLWK to spend in the app | Continuous, scales with active users |
| Creators / merchants | Receive vLWK, convert when needed (Hub burn applies) | Continuous, scales with activity |
| Speculators | Acquire vLWK as exposure to ecosystem growth | Cyclical, follows sentiment |
| Treasury buyback | Quarterly market-buy from app revenue | Counter-cyclical, supports price |
Supply pressure is bounded and decreasing: vesting limits monthly release, continuous burn removes tokens on every Hub transaction, quarterly buyback cancels another tranche, and no minting occurs after TGE — 1B is the maximum supply that will ever exist. Demand grows with usage; supply shrinks with usage.
Section 03 — Tokenomics
1B vLWK, fixed and shrinking
One billion tokens are minted at the Token Generation Event. From that moment on, supply only goes down. Hover or tap a segment for detail.
| Bucket | % | vLWK | Purpose |
|---|---|---|---|
| Ecosystem rewards | 30% | 300,000,000 | Creator rewards, staking, LP mining, rank/retention bonuses, quests, education grants |
| Treasury (initial) | 20% | 200,000,000 | Operations, audits, contingency, governed by Linework USA Inc. multisig |
| Fairlaunch | 20% | 200,000,000 | Pool DEX at fairlaunch close — pricing discovered by market |
| Team | 15% | 150,000,000 | Founder, early engineers, critical hires; 12mo cliff + 24mo linear |
| Migration | 10% | 100,000,000 | LWC (Ethereum) redemption; 18mo linear vesting |
| Advisors | 5% | 50,000,000 | Strategic advisors; 6mo cliff + 12mo linear |
| Total | 100% | 1,000,000,000 |
Vesting schedules
All vesting is on-chain and enforced by a Vester contract. Toggle a bucket below to compare unlock curves over 42 months.
Section 07 — Deflation
Every transaction reduces supply
A uniform 1% fee applies on swaps, payments, tips and cross-chain bridging through the LinkSwap Hub — split 0.7% burn (destroyed forever) and 0.3% Treasury. Pure peer-to-peer transfers, liquidity provision and vested/migrated claims are fee-free.
| Action | Fee | Burn | Treasury |
|---|---|---|---|
| Swap, payment, tip, bridge | 1% | 0.7% | 0.3% |
| P2P transfer, LP, vesting claim | 0% | — | — |
Every quarter, 50% of net app revenue market-buys vLWK on the open DEX and burns it permanently; the other 50% is retained at Treasury in USDC. Modelling assumes 200M circulating vLWK at year 1 and daily Hub volume near 5% of circulating supply — conservative for a consumer app at scale.
Projected annual burn
Three years post-launch, roughly 17% of initial supply is destroyed under these conservative assumptions; with higher adoption the figure approaches 25–30%, comparable to the market's more aggressive deflationary tokens.
Section 08 — Treasury
Self-replenishing protocol fund
The Treasury is not a fixed reserve that depletes — it's a topped-up fund whose balance grows with usage. The 200M vLWK initial allocation covers the early period; four streams sustain it permanently.
Governance of the Treasury
Controlled by a multisig requiring 4-of-7 approval: 3 Linework USA Inc. board signers, 2 external advisors, and 2 community-elected delegates rotating annually. Material actions above $50,000-equivalent carry an additional 48-hour public timelock before execution — a pattern borrowed from Aave, Compound and MakerDAO.
Section 09 — Smart Contracts
Eight contracts, single responsibilities
Each contract has one job, and dependencies between them are explicit and audited. Tap a card for its responsibility.
01vLWK ERC-20
02Bootstrap
03Vester
04Claimer
05CommissionDistributor
06LinkSwap Hub
07ShopPayments
08TreasuryBuyback
Security primitives: OpenZeppelin Contracts as the base library, ReentrancyGuard on all value-handling functions, Checks-Effects-Interactions throughout, Pausable emergency response, SafeERC20 wrappers, pull-pattern claims, and fuzz testing on commission-split, vesting and swap math prior to audit submission.
Section 10 — Audit & Security
Independent verification is a precondition of TGE
Linework USA Inc. signed a Service Agreement with CertiK on April 28, 2026. The engagement covers static analysis of all 8 Solidity contracts, manual review by senior auditors, dynamic fuzz/invariant testing, economic and governance threat modelling, re-audit of any modified code, and publication of the final report on CertiK Skynet.
Section 11 — Roadmap
Path to launch and beyond
Dates are targets; final dates depend on audit completion and regulatory clearance.
- Linework USA Inc. incorporated (Delaware C-Corp, EIN 38-4280736)
- Four verticals (Spiral, Bank, NFT, Bloop) live with production data
- CertiK Service Agreement signed (April 28, 2026)
- linework.app marketing site and presale.linework.app dApp deployed
- Tokenomics finalised, this whitepaper published
- Contracts development and internal QA
- CertiK audit (4–6 weeks, ongoing)
- Migration snapshot tooling and indexers (Ethereum LWC)
- Community pre-registration on the dApp
- Final review of vesting parameters and burn rates
- CertiK report published; migration snapshot taken at T-14 days
- Migration claim window opens 14 days before fairlaunch
- Fairlaunch opens for 21 days at presale.linework.app/fairlaunch
- Bootstrap executes burn-and-distribute; vLWK pool live on QuickSwap
- Vesting activates for all participants; Skynet Boost monitoring activated
- vLWK in-app payment live across all four verticals
- Rank system live; first rank progression rewards distributed
- LP mining programme opens from the Ecosystem bucket
- First quarterly buyback-and-burn cycle executed
- First CEX listing application submitted
- Cross-chain bridge live (Polygon ↔ Ethereum)
- Tier-2 CEX listing achieved
- NFT marketplace v2 — royalties and creator monetisation
- Bloop creator monetisation at scale
- LP mining graduates to community-governed Ecosystem incentives
- Tier-1 CEX spot listing (Binance, Coinbase, OKX)
- Multi-language app expansion (5+ languages)
- Governance phase 1 — community proposals on rate parameters and grants
- Cumulative burn target ~25% of initial supply by year 3
- Treasury auto-replenishment exceeds annual operating costs
Whitepaper
vLWK Whitepaper & documentation
Explore the vLWK whitepaper and the supporting Linework documentation. The documents page is organized by language so visitors can access the available materials in English, Italian, French and Spanish.
Section 12 — Risks
Risk factors
Participation in vLWK carries substantial risk. This list is non-exhaustive and informs, rather than limits, each participant's duty to assess their own situation.
Regulatory risk
Smart contract risk
Market risk
Liquidity risk
Operational risk
Migration risk
Concentration risk
Token type risk
Appendix B — Glossary
Terms & acronyms
- vLWK
- Linework utility token: an off-chain balance in the app today, an ERC-20 on Polygon from TGE.
- LNWK
- Linework security token, stable 1:1 with USDT, governed separately on linework.network.
- LWC
- Linework Coin — predecessor token on Ethereum, eligible for migration.
- Fairlaunch
- Single open-window token sale where price is discovered by total contributions, not pre-set.
- Migration
- Process by which eligible predecessor-token holders exchange their predecessor tokens for vLWK.
- TGE
- Token Generation Event — the moment vLWK is first minted and distributed.
- Hub
- LinkSwap Hub — the routing contract for user-facing swaps and payments; site of the 1% fee.
- POL
- Protocol-Owned Liquidity — the 80% of initial DEX LP held by Treasury.
- Vester
- On-chain contract managing linear vesting schedules for all token recipients.
- Buyback-and-burn
- Quarterly use of treasury revenue to acquire vLWK on the open market and destroy it.
- Sybil
- Attack where one entity creates many identities to game rewards.
- Multisig
- Wallet requiring multiple signatures to execute — used for Treasury and admin functions.
- Timelock
- Delay between approval and execution of a multisig action, applied to material parameter changes.
- Skynet Boost
- CertiK's continuous monitoring service, active on vLWK from launch.
- TSEP
- Linework USA Inc.'s Tokenized Securities Engagement Protocol v4.2 — applies to LNWK, not vLWK.