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Exploring SagaHalla's Token Design Space: an Astonishing Alignment of Numbers and History

Exploring SagaHalla's Token Design Space: an Astonishing Alignment of Numbers and History

At the outset of designing the SagaHalla token system, we were focused on a simple and practical selection of token parameters for a cooperative system with parallels to the token design of Bitcoin. We started by exploring a design space that could sustainably balance the needs of members, investors, and the community. This meant trying out combinations that either worked or didn’t work—ensuring that we could preserve the cooperative’s decentralized, member- and community-driven model.

As we explored, something remarkable happened. What began as a pragmatic approach to capital contribution ratios and cooperative governance evolved into a system that feels guided by fate, natural principles, and historical moments in human governance. Here’s how we got there.

Exploring the Token Economy Design Space

The Discovery of the 15% Threshold

We began by constraining the design space. Our first priority was ensuring that members maintained majority control over the cooperative. which meant keeping the member contribution ratio above 51%. It was non-negotiable—SagaHalla had to remain a true cooperative, where members held the reins of governance and had a significant stake in decision-making.

But it wasn’t just about the contribution ratio of members. As we delved deeper, we realized that to attract funds from the community and active investors, the system had to be designed to balance the security of a bitcoin backed economy with the need for at risk capital. Too low of a contribution ratio for the community would risk diluting the benefit of the collateral for the community. Too high of a contribtuion ratio for the community would limit the access to active investor capital.

Financial modeling of the core framework offering made it clear that the ratio of 51% for members, 15% for the community, and 34% for investors was the ideal solution. This wasn’t just a practical choice—it in effect maximized the ability to raise at risk capital for any given level of total contribution mix. The chosen ratio perfectly balanced the contributions and needs of each group. An elegant and inspiring natural solution nevertheless discovered and worth protecting.

The Golden Ratio and the Perfect Balance

One of the most fascinating things we observed was the mathematical relationship between these ratios. The ratio of 51 to 15—the capital backing ratio of the cooperative membership to the community—was very close to twice the golden ratio, a number that has long been revered for its presence in nature, art, and design.

The golden ratio represents balance and harmony, and we found it incredible that our design naturally reflected this principle. This meant that investors, contributing 34%, were situated at the perfect balance point between the needs of members and the community. They could contribute capital and fuel growth while still ensuring that the cooperative remained community-driven and member-owned.

It felt as though fate had guided us toward these numbers, as they not only served the cooperative’s practical needs but also represented something deeper—a natural harmony between the contributors.

Having established these ratios, the next step was to determine the total number of contribution units. We settled on 21,000 units, a number that reflects 0.1% of Bitcoin’s total supply of 21,000,000. This was a deliberate nod to Bitcoin’s vision of decentralized ownership—a vision that has shaped much of our thinking around SagaHalla.

The goal was for the cooperative to allow for broad participation in the economy, albeit representing a very small fraction of Bitcoin in circulation by spreading ownership across as many contributors as possible, just as Bitcoin does in the financial realm. In this way, SagaHalla would build a community where decentralized governance thrives, and where both financial and non-financial contributions matter.

Once we chose 21,000 contribution units, we divided them across 21 rounds of contributions. This number of rounds was chosen because we wanted to offer access to the cooperative for far longer than the typical number of start-up funding rounds. The idea was that scarcity in the token design could be created by designing in a linear decay of the fiat price of a contribution unit and over time the unit contribution would be accesible to all in fiat terms. A decay ratio of -21% was chosen as a nod to bitcoin as it provided a "halving" time that coincided with investment cycles similarly to bitcoin.

Allocating the contribution units across 21 rounds resulted in an offer of 510 units per round for members and 340 units per round for investors—numbers that seemed like reasonable targets for whole contributions to the cooperative.

The 1551 Renaissance™: A Rebirth in Cooperative Governance Aligned with History

The year 1551 represents a pivotal year in the Renaissance for the rebirth and reconnection to knowledge. It marks the founding of the University of San Marcos, the oldest university in the Americas and for our vision, a moment in history representing a cultural and intellectual awakening, much like the one we’re seeing with the rise of decentralized systems and blockchain technology.

We introduced the ideas of the 1551 Renaissance™ in a prior blog but now have explained the origin of 1551 in the contribution ratios and below the significance of 510 and 340 in our token design.

Amazingly, the contribution units per round—510 and 340—are aligned with two of the most significant moments in the history of western governance:

510 BCE: The founding of the Roman Republic, marking the beginning of a governance system built on the shared responsibility of the people. This transition from monarchy to republic has influenced political structures ever since its founding.

340 BCE: A time of political experimentation in Ancient Greece, when city-states like Athens were redefining governance and exploring new political structures. This was a pivotal era where elite citizens (akin to modern investors) helped shape representative democracy—together with the idea of a republic has shaped our collective history.

It was as if fate or a quantum coincidence had rooted the mystical numbers balancing our cooperative token economy with historical significance from centuries old governance experiments. The fact that our system aligns with these key moments is both humbling and inspiring.

The 1551 Renaissance is our way of capturing this spirit of renewal and experimentation. With 51% member control and 15% community backing, SagaHalla embodies a new way of thinking about governance—one where technology and ancient principles come together to create something enduring. Our system isn’t just about numbers and ratios—it’s about building a future where cooperative participation thrives, and where governance is truly decentralized. Far different than the alternative where our path and destiny end with concentration of power that we cannot escape.

MANA Token and FYRE Token: A Dual-Token System Rooted in Purpose
Our dual-token system—MANA Token for governance and FYRE Token for utility—is the engine that drives SagaHalla forward. MANA Token gives members the power to vote and shape the cooperative’s future, while FYRE Token fuels economic activity and participation within the community.

The alignment of the 15%, 51%, and 34% ratios, along with the natural division of 510 and 340 contribution units, shows how these tokens work together to create balance and sustainability. Just like the golden ratio that underpins our system, these tokens ensure that power and utility are in harmony, enabling SagaHalla to grow while remaining rooted in its cooperative values.

Fate, Numbers, and the Unbelievable Alignment of History

As we reflect on the design process, we can’t help but feel a sense of awe at how it all came together. What began as a series of practical decisions—setting capital contribution ratios, choosing 21,000 units, and dividing them across 21 rounds—has resulted in something far greater. The numbers align not just with our design principles but with historical events important for western governance traditions and natural laws like the golden ratio.

It’s as though fate has guided us, bringing together the past and the future in a way that feels almost inevitable. We’re not just building a cooperative—we’re building a system that reflects the balance and beauty of nature, history, and decentralized governance.

Join us as we light the FYRE Token of the 1551 Renaissance, and together, we’ll continue to explore this incredible journey where numbers, history, and cooperative principles converge to create something truly extraordinary.