The Application
Experimental Network
The Core Protocol
Resources
Circulation
According to the design of the Stratified Harvest Regulating (SHR) algorithm, the native token MAZE does not have a fixed supply cap. The total supply of MAZE consists of two parts: Genesis Generation and Farming Generation.
Genesis Generation
Genesis Generation is the pre-minted MAZE with the limited amount: 10,400,000 in total. The supply is divided into the following arrangements:
- Foundation Amount: 3,000,000 MAZE Vesting Schedule: 12 months cliff, then monthly over 3 years.
- Marketing Amount: 300,000 MAZE Vesting Schedule: monthly over 1 year.
- Advisors & Partners Amount: 740,000 MAZE Vesting Schedule: 12 months cliff, then monthly over 2 years.
- Team Amount: 2,200,000 MAZE Vesting Schedule: 12 months cliff, then monthly over 2 years.
- Private Investors Amount: 3,800,000 MAZE Vesting Schedule: quarterly over 1 year with different unlock ratios on TGE.
- Other Use Possible Use: IEO/IDO/LBP/ISO, etc. Amount: 360,000 MAZE
Ignition Fuel
MAZE token carries an essential mission - to be the core asset driving Stratified Harvest Regulators. The ignition procedure needs an initial energy injection to start.
The Supplied Value Ratio Balancing (SVRB) regulator requires some value of MAZE in United Supply Pool to initialize the Farmbase Thread computation. Therefore, A certain amount of MAZE must be injected (as Ignition Fuel) into the asset pool to help the protocol to launch.
Farming Generation
Farming Generation is the MAZE yield on the protocol, which is a perpetual incentive for all the asset suppliers. The yield is strictly generated and allocated by SHR.
The first (mining) year is a high-speed emission period to attract the early adopters into the protocol. A cutdown schedule will be fulfilled during the year.
According to Global Yield Baseline and Global Yield Speed Factor, the initial emission rate of MAZE is 500 per cycle (10 minutes), which is 72,000 MAZE per day. The emission rate will last 84 days and then shrink 50% every 84 days until it decreases to 62.5 MAZE per cycle, which is 9,000 MAZE per day.
Day Range
K_global
MAZE Daily Yield
1-84
1
72,000
85-168
0.5
36,000
169-252
0.25
18,000
253-
0.125
9,000
Based on the cutdown schedule above, the total emission amount of MAZE is 11,600,000 by the end of the first year. Starting from the second year, the yield will be 3,285,000 MAZE annually.
Maximum Total Diluted Supply
Assuming there is no any further effective emission adjustment, and no MAZE is burnt, the total diluted supply of MAZE in each year for the next decade will be no more than:
End of Year
Max Supply
1
22,000,000
2
25,285,000
3
28,570,000
4
31,855,000
5
35,140,000
6
38,425,000
7
41,710,000
8
44,995,000
9
48,280,000
10
51,565,000
Last modified 10mo ago