The schedule of FLAKE emissions over the next 60 months
FLAKE emissions in 60 months
The Flake Emission Schedule is designed according to the token vesting programs. 'Rewards After Boosting' in the graph above is from the Liquidity Mining Emissions, as the incentive for providing liquidity in the whitelisted liquidity pools in the Hexagon protocols.
Please note that The FLAKE emission for basic rewards will be decreased at a 25% rate every 6 months.
The basic mining rewards from Liquidity Mining Emissions start from 800,000 FLAKE tokens per month (30 days) and are decreased at a 25% rate every 6 months.
The basic mining rewards from Liquidity Mining Emissions are the maximum amount. The actual basic rewards could be less than the simulation above, as Hexagon may launch the whitelisted mining pools gradually, not all at once.
The basic mining rewards from Liquidity Mining Emissions include the emission in Phase 1 protocol, as well as Phase 2 protocol, which is planned to be launched later than Phase 1.
The estimation of the average boosting factor starts from 1.1 in the first month and increases by 0.04 every month, due to more FLAKE tokens on the market. This leads to a direct increase in the FLAKE emission in the 'Rewards After Boosting'. For a better understanding of the boosting mechanism, please refer to Liquidity Mining and Boosting. The future existence of yield boosters by other parties may have a significant effect on the average boosting factor, and hence the FLAKE emission in the Liquidity Mining Emissions.
The veFLAKE tokens are included in the circulation simulation above, though they are not actually circulating on the market. Therefore, the real FLAKE circulating supply may be much smaller than the simulation.
Please also note that the FLAKE emission plan is subject to changes upon community governance in the future.