Reward Phases

Phases

  • Phase 1: 0-50,000,000 proofs → 3.5 FLXT per proof
  • Phase 2: 50,000,001–150,000,000 proofs → 1.75 FLXT per proof
  • Phase 3: 150,000,001–400,000,000 proofs → 0.875 FLXT per proof
  • Phase 4: 400,000,001–800,000,000 proofs → 0.4375 FLXT per proof
  • Phase 5: 800,000,001–1,500,000,000 proofs → 0.21875 FLXT per proof
  • Phase 6: 1,500,000,001–2,500,000,000 proofs → 0.109375 FLXT per proof
  • Phase 7: 2,500,000,001+ proofs → 0.0546875 FLXT per proof

Distribution Explanation:

  1. Early Phases (Phases 1 & 2):
  • Miners are incentivized with relatively higher rewards to encourage participation and network growth.
  • Tokens Used: ~300 million FLXT over these phases.
  1. Intermediate Phases (Phases 3 & 4):
  • Reward rates are halved to balance fairness and token usage as the network grows.
  • Tokens Used: ~400 million FLXT per phase.
  1. Later Phases (Phases 5–7):
  • Reward rates gradually decrease further, extending token distribution and sustaining long-term network engagement.
  • Tokens Used: ~2.8 billion FLXT over these phases.
  1. Sustainability:
  • This phased approach ensures that the entire supply of 7 billion tokens can last 20+ years, assuming steady growth in miner participation and activity.

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