Minting of Community rewards

The process for minting community tokens is calculated using a specific formula, designed to distribute 70,000,000 tokens over a minimum period of 4 years. The formula ensures a controlled and gradual release of tokens to the community. Below are the key components and the formula used in the minting process:

  • N: Number of days since the last minting date, with a maximum value of 15 days.

  • T: Total tokens allocated per day, set at 6500 tokens.

  • Eligible Tokens to Mint: The number of tokens eligible for minting is determined by the formula:

[Eligible Tokens to Mint = T * N * (N + 1) / 2 ]

Key Points:

  • The minting formula is designed to control and evenly distribute the minting of 70,000,000 community tokens.

  • A minimum duration of 4 years is required to complete the minting of all reserved community tokens.

  • Only the contract owner is authorized to initiate the token-minting process.

This approach ensures a fair and predictable distribution of tokens to the community, aligning with the project's long-term vision and goals.

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