$PETRO

$PETRO is the utility token of the PetroNad ecosystem. It is earned by staking Rigs and spent to upgrade Fields and power your operations.

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Tokenomics

Supply Cap and Distribution

$PETRO has a fixed supply of 63 million tokens. Emissions follows a geometric distribution:

$$S = \sum_{i=0}^{\infty} R_0 N_h \left(\frac{1}{2}\right)^i = 63,000,000$$

Where:

• $(S)$: Total supply

• $(R_0)$: Initial block reward

• $(N_h)$: Number of blocks per halving cycle

• $(i)$: Halving cycle index

Initial Supply was 600,000 :

• 590,000 to Liquidity

• 10,000 for Future Giveaways and Community Events

(Note: We will adjust this text later if any team-mining occurs before launch)

Halving Schedule

PetroNad follows a halving mechanism inspired by Bitcoin.

The reward per block is 1.23 PETRO and halves every 25,200,000 blocks, approximately every 97 days (assuming a Monad network average block time).

$$R_b(n) = R_0 \left(\frac{1}{2}\right)^{\lfloor \frac{n}{N_h} \rfloor}$$

Where:

• $R_0 = 1.23$ is the initial emission rate ( per block)

• $n$ is the current block number

• $N_h = 25,200,000$ is the halving interval in blocks

Until the first halving, PetroNad will be distributing around 318,000 $PETRO$ per day, totaling 31,000,000 tokens.

(Note: The first Mining block number will be updated upon launch on the MONAD network.)