Protocol

Emission

How much GOON an epoch can distribute, why that amount halves, and how it is divided among the wallets that mined.

The schedule#

Emission is a step function fixed in the program at activation. Each era lasts 210 epochs, and each era releases half as much per epoch as the one before.

emission(epoch) = E0 >> floor(epoch / 210)          E0 = 1,190,476.190476 GOON

cumulative(epoch) = sum of emission(0..epoch), capped at 500,000,000

The first era releases 210 × E0 = 249,999,999.99996 GOON. The series is geometric, so the total converges just under the 500,000,000 reserve and can never exceed it. The program computes cumulative(epoch) itself on every root and refuses a total above it.

Fig. 4 · Emission schedule

GOON released per epoch

Halves every 210 epochs (one epoch = one day). The program enforces this ceiling on every root.

Hover or tap a bar

Show the numbers

Era	Epochs	GOON / epoch	Era total	Vault released
1	0–209	1,190,476.19	249,999,999	49.99%
2	210–419	595,238.09	124,999,999	74.99%
3	420–629	297,619.04	62,499,999	87.49%
4	630–839	148,809.52	31,249,999	93.74%
5	840–1049	74,404.76	15,624,999	96.87%
6	1050–1259	37,202.38	7,812,499	98.43%
7	1260–1469	18,601.19	3,906,249	99.21%
8	1470–1679	9,300.59	1,953,124	99.60%

Era	Epochs	GOON per epoch	Era total	Vault released by end
1	0–209	1,190,476.190476	249,999,999	49.9999%
2	210–419	595,238.095238	124,999,999	74.9999%
3	420–629	297,619.047619	62,499,999	87.4999%
4	630–839	148,809.523809	31,249,999	93.7499%
5	840–1049	74,404.761904	15,624,999	96.8749%
6	1050–1259	37,202.380952	7,812,499	98.4374%
7	1260–1469	18,601.190476	3,906,249	99.2187%
8	1470–1679	9,300.595238	1,953,124	99.6093%

One epoch = one day · settlement delay 12 h

The epoch pool#

An epoch does not have to distribute everything the schedule has released. Whatever earlier epochs left undistributed is released again slowly, rather than as a windfall.

headroom = cumulative(epoch) - totalAllocatedSoFar
backlog  = headroom - emission(epoch)

pool     = min( headroom, emission(epoch) + floor(backlog / 210) )

Because pool ≤ headroom, the cumulative total after settlement can never pass the schedule. That is checked off-chain before publishing and again by the program.

The split#

denominator    = max( sum of FinalGP over all miners, networkFloor )

reward(wallet) = floor( pool * FinalGP(wallet) / denominator )

Division rounds down, so the sum of rewards never exceeds the pool. The dust stays in the vault.
The network floor stops a thin epoch from paying its whole pool to a handful of wallets. If ten wallets earn 500 GP between them, they split 5% of the pool, not all of it.
The undistributed remainder is not lost. It becomes backlog and re-enters later pools at 1/210 per epoch.

Parameter	Value
Network GP floor (minimum denominator)	10,000 GP
Most one GP can be worth in era 1	≈ 119.05 GOON
Backlog release	1 / 210 of undistributed emission per epoch
Provisional GP carried into epoch 0	100%
Diminishing returns	raw GP above 60 counts at 50%
Cluster rule	more than 3 wallets on one network fingerprint share 3 wallets' GP

Worked example#

Epoch 12, era 1.   emission = 1,190,476.190476
Allocated so far (epochs 0-11) = 9,000,000      cumulative(12) = 15,476,190.476188
headroom = 6,476,190.476188     backlog = 5,285,714.285712
pool     = 1,190,476.190476 + 5,285,714.285712 / 210 = 1,215,646.258503

Network total = 42,000 GP  (above the 10,000 floor)
A wallet with 80 GP receives  1,215,646.258503 * 80 / 42,000 = 2,315.516682 GOON

Provisional Goon Power#

Goon Power earned before activation has no pool to draw on. When mining activates, each wallet's provisional total from every earlier period is added to its epoch 0 score and shares epoch 0's pool with everything mined that day. A large pre-launch crowd therefore dilutes itself: epoch 0 distributes one epoch's pool, not a retroactive one for every pre-launch day.