Question 1

What is GEOD?

Accepted Answer

GEOD is the utility token of the GEODNET network. GEODNET is a DePIN network made up of distributed satellite reference stations: the stations provide RTK (real-time kinematic positioning) correction data, enabling devices that use the data to improve positioning accuracy; station operators that provide qualifying services to the network receive GEOD rewards according to the rules.

Question 2

What problem does GEODNET solve?

Accepted Answer

GEODNET enables devices to obtain correction data for RTK positioning. An individual station receives satellite signals and uploads observation data to the network; nearby devices or devices accessing the service use the correction information to reduce errors in satellite positioning, thereby achieving higher real-time positioning accuracy. This capability serves use cases requiring precise location, such as robotics, drones, autonomous driving, agriculture, and surveying. GEOD itself is not a positioning service; it is the token the network uses to incentivize participants such as station operators.

Question 3

How can I earn GEOD?

Accepted Answer

The primary way to earn GEOD is to operate a station that meets the network's requirements and continuously provides service. The network first calculates a base reward according to the station's valid uptime, then adjusts it based on data quality and other network reward rules; therefore, deploying equipment or remaining online does not mean a fixed number of tokens will be earned. Mining rewards unlock daily and are distributed to miners. Actual rewards may be affected simultaneously by Token Reward Metrics, Hex reward rules, SuperHex multipliers, and performance-based rules; these rules reflect the validity of the data provided by a station and its location in the network, rather than simply allocating rewards based on token holdings.

Question 4

How do GEOD supply and unlocking work?

Accepted Answer

GEOD has a total supply of 1 billion tokens, but “total supply” does not mean that all tokens are freely circulating at the same time. GEOD earned through mining unlocks and is distributed to miners daily; allocations for the team, investors, and ecosystem-related purposes each follow multi-year unlocking schedules, so these sources enter the available market on different timelines. When assessing supply, distinguish between the predetermined total amount, tokens allocated to wallets for different purposes, and tokens that are actually available under unlocking rules. Multi-year unlocking delays the release of some non-mining allocations; it does not change the 1 billion total supply cap.

Question 5

Why do different stations receive different GEOD rewards?

Accepted Answer

GEOD rewards differ among stations, first because base rewards depend on valid uptime and are then adjusted according to data quality and network reward rules. The base issuance rate also halves annually on June 30, so the applicable base cap differs for the same amount of valid operating time in different reward years. For triple-band stations, the official daily base reward table shows a maximum of 12 GEOD/day from July 1, 2025 through June 30, 2026, and a maximum of 6 GEOD/day from July 1, 2026 through June 30, 2027. The actual result is not simply this cap; it is the base reward multiplied by applicable quality, Hex, SuperHex, and performance rules. Since June 2025, dual-band stations have been phased out of rewards, and only triple-band stations can earn rewards.

Question 6

What practical impact do GEOD buybacks and burns have?

Accepted Answer

GEODNET states that it will use a portion of network data revenue to buy back and burn GEOD. A buyback acquires GEOD in the market using that portion of revenue, while a burn permanently removes the acquired tokens from supply; therefore, the direct effect of this mechanism is to reduce token supply by the amount burned. Its effects depend on actual data revenue, the amount of buybacks executed, and factors occurring at the same time, including reward distributions, unlocking, and market trading. Burning does not constitute a promise of price appreciation or a fixed return for holders.

Question 7

Can GEOD holders participate in governance?

Accepted Answer

Simply holding transferable GEOD does not necessarily grant governance voting rights; GEODNET represents voting rights as veNFTs. The main groups able to obtain veNFTs include miners who are the first to provide high-quality data within a Hex and receive a Location NFT, miners participating in SuperHex staking, and teams and investors that lock GEOD. A proposal is first audited and approved before entering voting. Under the current rules, participating veNFTs must exceed 20% of total veNFTs to meet quorum; the proportion of affirmative votes must reach the applicable 67% or 90% threshold, and the voting period is 14 days. A proposal enters implementation only after it passes, and the relevant parameters may be adjusted in the future.

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