# $PETRO

***

#### 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 $$ $PETRO $$ supply
* $$(R\_0)$$: Initial block reward
* $$(N\_h)$$: Number of blocks per halving cycle
* $$(i)$$: Halving cycle index

$$ $PETRO $$ Initial Supply was 600,000 $$ $PETRO $$:

* 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 ($$ $PETRO $$ 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.)*
