MNB Deflation Process

The maximum total supply of MNB is 1.5 billion coins. The mineable supply is 1.25 billion coins. Each block reward is 10,000 MNB and blocks are mined at a frequency of 10 minutes per block. After the first 52,560 blocks have been mined, the block rewards issued to users will be reduced by 25% and the block number required until the next deflation will also be reduced by 25%. After 25 deflation events, when 210,087 blocks have been mined, a new constant reward per block will be introduced, this reward will be 10 coins. The deflation & constant reward processes of the MNB ecosystem will ensure the sustainability of our ecosystem whilst maximizing the long-term potential for MNB users & investors. Below is a visualization of the deflation process demonstrated over 25 events.

Event	Blocks	Days	Block reward	MNB mined
Genesis	0	0	10,000	0
1st	52,560	365	7500	525,600,000
2nd	39,420	274	5625	295,650,000
3rd	29,565	205	4219	166,303,125
4th	22,174	154	3165	93,546,562
5th	16,631	115	2374	52,621,52
6th	12,473	87	1780	29,599,013
7th	9355	65	1335	16,649,890
8th	7016	49	1002	9,365,229
9th	5262	37	751	5,267,941
10th	3947	27	564	2,963,592
25th	53	0.37	10	531

After the 25th deflation event takes place, Mineable will implement a hard feature where 90% of all transactional fees (launchpad included) will be distributed between users. This is a failsafe to make sure that Mineable users will always be rewarded.