Comment on page
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.
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.