Tokenomics

POU Protocol Reward Mechanism

  1. 1.
    Spiderweb's fixed maximum supply is 3 billion ARAC tokens.
  2. 2.
    The duration of a mining period is fifty years.
  3. 3.
    The total block height is 26,280,000 blocks.
  4. 4.
    For the first six-month, 300 million ARAC tokens will be mined.
  5. 5.
    The ARAC token lock-up period is 18 months for SDN node.
  6. 6.
    The original Genesis Block contains 1141.55 ARAC tokens.
  7. 7.
    The total token supply will be reduced by a rate of 10% every six months. (Please refer to below supply reduction formula and graph for further reference)
Total Supply Decrease Formula
The supply will be reduced by a 10% ratio every six months

Initial Mining Share Ratio (First 6 Month)

  1. 1.
    Initial Mining Share Ratio per block: ◼SON 37% ◼SVN 10.5% ◼SDN 52.5% (Divided by 100 SDN nodes)

Share Ratio Change on the First ARAC Reduction (Starting from 2023/01/01)

  1. 1.
    The mining share ratio will be adjusted on the first reduction.
  2. 2.
    Share Ratio per block: ◼SON 30% ◼SVN 15% ◼SDN 55% (Divided by 100 SDN nodes)

Share Ratio Change on the Fourth ARAC Reduction (Starting from 2024/07/01)

  1. 1.
    The mining share ratio will be adjusted again on the fourth reduction.
  2. 2.
    Share Ratio Modification: ◼SON 20% ◼SVN 20% ◼SDN 60% (Divided by 100 SDN nodes)
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POU Protocol Reward Mechanism
Initial Mining Share Ratio (First 6 Month)
Share Ratio Change on the First ARAC Reduction (Starting from 2023/01/01)
Share Ratio Change on the Fourth ARAC Reduction (Starting from 2024/07/01)