Emissions and Distribution

Emission rate

Halving

This is where Bitcoin's monetary policy comes in. We implement an emission rate of 30 MBIRD per block that halves every 210,000 blocks. Meaning that every 7.3 days, the MBIRD per block is reduced in half (halving).
Number of halving
Emission/block (MBIRD)
Emission/day (MBIRD)
0
30
864,000
1
15
432,000
2
7.5
216,000
3
3.75
108,000
4
1.875
54,000
5
0.9375
27,000
6
0.46875
13,500
7
0.234375
6,750
8
0.1171875
3,375
We have decided to stop the reductions at the 8th halving. If we continue to halve indefinitely the rewards will extend to infinity and at some point in time, they will be negligible, leaving no incentives for users to provide liquidity in the MoonBird platform.
After the 8th halving, it would take around 7 years to distribute the remaining 40% of MBIRD.

Token distribution

MBIRD token distribution will be:
  • 0.25% will be in the initial liquidity for the fair launch, with $105,000 of liquidity locked
    🚰
    .
  • 4.875% will be for the Treasury wallet on a 12-month linear vesting
  • 4.875% will be for the Marketing wallet on a 3-month linear vesting
  • The remaining 90% will be distributed following the halving schedule in the form of staking rewards