🌋Emissions - Allocations

A Summary Overview of the minting rate of FIEF per block and pre-mine allocations.

FIEF Allocation and Lock Release Table

Good to know: Circulating Supply is the current amount of FIEF "in the market" (available for trading. Max Supply is the overall amount of FIEF that can ever be minted. While Total supply is the current supply of all FIEF as of "now". Some protocols and block chains do not attribute burned tokens towards the Total Supply but a lot do. We do not burn FIEF. Burning tokens does not add a buy pressure. It is proven to be ineffective and almost completely psychological. We may buy back FIEF (remove from circulation) from time to time. This is proven more effective than burning and adds pressure in multiple ways.

Allocation and Account chart

Grouping Purpose categories with Accounts

1 of 4

2 of 4

3 of 4

4 of 4

Token Flow & Fund Sourcing

click to enlarge

*Criteria for faucet use is 1 dispensing of .1 FIEF in a 24 hour period to any wallet so long as the public IP address, nor wallet address, used has not yet been logged in the emissions logs along with successful re-captcha submittal.

**Based on block times of the Harmony ONE blockchain. Currently transaction finality, block time, last two (2) seconds. Although Harmony is moving towards 1 second block times, there have been times where blocks can last up to six (6).

This would increase/decrease lock times accordingly. All emissions, locks, rewards are tied to block finality times!

Emissions Schedule

Per block emissions overview

The White Paper will be far more detailed and will include formulas and code (links to source).

The Go Live Launch day will initiate block rewards and time locks. Based on two (2) second finality (start to end of a block; completion), newly minted FIEF tokens will be shared across the Fiefdom pro rata. Pool modifiers operate against an emissions rate to calculate the pools share of the total. The pool participant share that.

The first 6 month period, the emissions rate will be constant. After which, the total emission rate will rise every over month. Odd months (January is month 1) are skipped, as are even years. The rate change period will cover 20 years and be followed by a period of constant emissions rate. The last epochs will reduce emission rates. The total expected time frame for all tokens to be minted is 25 years.

What Next

After all FIEF has been minted and earned though the DApp, that in no way means that the platform is "done". Nay! Alas, the Lords & Ladies of the Fiefdom (Ranked Members & Owner Members aka Legal Members) will still be earning a handsome yield from then until the end of time (a goal we strive for and are confident we can achieve).

Programmatic Math

Code snippets

// Catch the code,

// in the White Paper (El Pergamino de Blanco)