10% of MonetaryCoinERO Tokens will be distributed according to Pre-Distribution Document.
90% of MonetaryCoinERO Tokens will be available for Proof of Stake forging:
MonetaryCoinERO (MERO) Tokens will be distributed according to the schedule below:
MonetaryCoinERO Tokens Forging Distribution Schedule 1. 11,159,951,872 July 11th, 2018 00:00:01 UTC–July 11th, 2020, 12:59:59 UTC MonetaryCoinCHI Tokens Forging Distribution Schedule 1. 172,125,137,701 July 11th, 2018 00:00:01 UTC–July 11th, 2020, 12:59:59 UTC
MonetaryCoin Block Reward 1. MonetaryCoinERO (MERO) 24,145 Tokens per block 2. MonetaryCoinCHI (MCHI) 372,401 Tokens per block
In pursuit of fairness, 100% of all MonetaryCoins are available to the community. Owning coins creates mining power, and the allocation of the first 10% of coins may have an outsized effect on the allocation of the remaining 90% of initial coins. To discourage a single actor or handful of actors from acquiring an excessively high network stake, the first 10% of coins are distributed over approximately six months. Although each of the first seven windows of distribution offer double the reward of those windows that follow, the windows that follow account for well over over ninety percent of the 10%.