Monetary Policy
OCTA serves as the native coin of the OctaSpace project, acting as the primary payment instrument for services, rewarding node owners, and distributing dividends to OCTA holders.
OctaSpace was launched with a fair distribution model, ensuring that no Coins were pre-mined or pre-allocated to any individuals or entities, including the project team. This means that all OCTA coins are distributed through mining and other mechanisms, allowing for a decentralized and equitable distribution of tokens.
The provided emissions schedule showcases the gradual reduction of block rewards in each era, culminating in the attainment of the maximum supply and the cessation of mining activities after block 12,000,000 when the max supply of 48,000,000 coins will be reached. Our monetary policy outlines the allocation of blocks for miner and staking rewards, as well as the development fund, ensuring a balanced distribution.
Name | Start block | Total | Miner | Staking | Dev | |
|---|---|---|---|---|---|---|
Octa | 1 | 8 | 6.5 | 0 | 1.5 | |
Arcturus | 650_000 | 8 | 5 | 1.5 | 1.5 | |
Oldenburg | 1_000_000 | 7.5 | 4 | 2 | 1.5 | |
Zagami | 1_500_000 | 7 | 3.5 | 2.5 | 1 | |
Springwater | 2_000_000 | 6.5 | 3 | 3 | 0.5 | |
Polaris | 2_500_000 | 6 | 2.8 | 2.8 | 0.4 | |
Mahasim | 3_000_000 | 5 | 2.3 | 2.3 | 0.4 | |
Dnepr | 4_500_000 | 4 | 1.85 | 1.75 | 0.4 | |
Blackeye | 6_000_000 | 2.5 | 1.2 | 1 | 0.3 | |
Vega | 8_000_000 | 2.25 | 1.10 | 0.85 | 0.3 | |
Triangulum | 10_000_000 | 2 | 1 | 0.7 | 0.3 | |
The chart presented below starting from Springwater, illustrates the gradual decrease in block rewards as the supply increases, giving an overview of the estimated timeline until the maximum supply is attained.
