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Merge pull request #431 from Chia-Network/rewards_schedule
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Rewards schedule
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danieljperry authored Dec 1, 2023
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Expand Up @@ -44,3 +44,17 @@ The second coin, with 7/8 of the value, is called the _pool coin_. This coin can

1. If a _pool public key_ is specified for the winning plot, then the reward is sent to the address signed by that public key. The _pool public key_ is usually used for solo farming, and sent directly to the farmer's wallet.
2. Otherwise, a _pool address_ must be encoded into the plot, and the reward is sent to the address. The _pool address_ is usually used along with the official Chia pooling protocol, and a pay-to-singleton address is used.

## Rewards schedule

As detailed in the [Business white paper](https://www.chia.net/whitepaper), the network's emissions schedule is as follows:

| Years | Final<br/>Block | Final Month<br/>(Approx.) | Block Reward<br/>(total) | Pool<br/>Reward | Farmer<br/>Reward |
| ------: | ------------: | ------------------------: |------------------------: | --------------: | ----------------: |
| 1 - 3 | `5 045 760` | March 2024 | 2 XCH | 1.75 XCH | 0.25 XCH |
| 4 - 6 | `10 091 520` | March 2027 | 1 XCH | 0.785 XCH | 0.125 XCH |
| 7 - 9 | `15 137 280` | March 2030 | 0.5 XCH | 0.4375 XCH | 0.0625 XCH |
| 10 - 12 | `20 183 040` | March 2033 | 0.25 XCH | 0.21875 XCH | 0.03125 XCH |
| 13 - ∞ ||| 0.125 XCH | 0.109375 XCH | 0.015625 XCH |

Note that the rewards are adjusted according to a block height, not a timestamp. The `Final Block` column is therefore accurate as the last block before the rewards are modified. The months and years are only estimates based on when the block heights are likely to be reached.

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