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Tokenomics
Approved economic direction (2026-10-24), subject to exact native release-code audit: native FRG proof-of-work issuance only, no ICO, no allocated founder/team/treasury premine, 100% of block subsidies to PoW miners, and a perpetual 0.20 FRG/block tail.
| Parameter | Design target / current native model |
|---|---|
| Native token | FRG, native L1 coin (not an ERC-20/SPL token) |
| Precision | 8 decimal places (100,000,000 atomic units/FRG) |
| Primary emission accounting reference | 50,000,000 FRG |
| Fixed total-supply cap | None: the tail continues indefinitely |
| Launch subsidy allocation | 100% to valid PoW block miners |
| Founder/team/ICO allocation | 0 FRG intended |
| Tail subsidy | 0.20 FRG per block |
| Expected initial height-1 subsidy | About 23.84185222 FRG in the tested candidate |
| Target spacing | 120 seconds, ~720 blocks per 24-hour day if on target |
| Tail issuance at target cadence | ~144 FRG/day, or 52,560 FRG in a 365-day year |
| Coinbase maturity | 60 blocks |
| Transaction fees | Paid in addition to base subsidy under native consensus; not a fixed 1% protocol transfer tax |
The whitepaper describes a Monero-derived decaying emission model using the 50M reference and a two-minute target. The indicative integer arithmetic is:
base subsidy ≈ max((50,000,000 FRG − cumulative primary issuance) / 2^21, 0.20 FRG)
This summarizes the native schedule; consensus uses integer atomic-unit operations, block-weight penalty rules and version-specific state/history. The exact formula, genesis accounting, tail-onset transition, penalties, fees and multi-platform agreement must be confirmed against the final release binary. Do not market “50 million maximum supply”: it is only an emission reference and ongoing tail issuance makes total supply uncapped.
There is no periodic halving promise and no guaranteed fiat valuation. Emission estimates presume sustained two-minute spacing and may change with actual observed block times and penalties.
The candidate currently contains an indexed genesis output of 11.92092895 FRG. It must be proven permanently unspendable before its treatment can support a zero-premine release claim. If proof fails, replace/review the genesis design only after an explicit decision and repeat relevant tests. The previously discussed 55M/5M treasury-at-genesis design is withdrawn and must not be implemented, advertised or quietly restored.
The existing development chain and future fresh chain are distinct: no old-chain holder snapshot, automatic migration, conversion ratio or exchange entitlement has been approved.
The planned optional ForgeCoin-operated pool proposes a 1% service fee on eligible pooled rewards. It is not a protocol tax, not a diversion of solo-miner consensus rewards and not an extra mint. Actual payment logic, payout method (e.g. PROP/PPLNS), rounding, thresholds, reorg handling, payout network fees and maturity must be specified and tested before deployment. Users must retain Solo and independently operated pool options.
Proposed governance bonds are eligibility locks of existing native FRG, not PoS block production, yield, voting-token emissions, or authority to mint coins. No compulsory staking, founder compensation or treasury spending power has been ratified.
Authoritative direction: Owner economic policy · Whitepaper calculations · Launch blockers.