Emission Plan
Predictable monthly releases that favor active learners and protect the budget.
1. Emission Policy
All emissions originate from the Community Rewards Pool and are released per epoch through a predefined schedule.
Annual Emission Curve
Initial emissions: Start at 12–18% of total supply per year, optimized for fast early growth and high user rewards.
Decay schedule: Annual emissions decline by 10–20% per year until the system reaches a steady-state floor of 2–4%.
Hard cap: Total emissions can never exceed the 450M tokens allocated to Community Rewards.
This ensures strong early incentives while preventing long-term inflation.
2. Adaptive Emission Formula
Each epoch’s emission amount is determined algorithmically using three inputs:
Active Yappers: Higher verified lesson completions increase emission rates (within bounds).
Institutional Revenue (PoLL fees): Higher revenue reduces required token emissions because real cash flow subsidizes rewards.
Treasury Runway: If projected runway drops below 12 months at the current burn rate, emissions automatically throttle down through an on-chain governance-approved algorithm.
Runway Protection Mechanism
If runway < 12 months:
Emissions scale down proportionally to extend operational lifespan.
Minimum emissions cannot fall below the steady-state floor without a governance vote. This prevents the protocol from “printing its way out of trouble.”
3. Buyback & Burn
A fixed share of institutional PoLL fees (e.g., revenue from enterprise verification, assessment services, or integrations) is allocated to a continuous buyback mechanism.
Purchased tokens are sent to a burn address.
Burns partially offset emissions, helping long-term price stability and reducing circulating supply.
Buyback percentage is visible, auditable, and governed on-chain.
This aligns token value with real economic activity, not just inflationary distribution.
Summary
The emission plan combines predictable decay, real-time adaptation, and revenue-backed buybacks. It rewards early adopters, protects the treasury, and supports the token’s long-term price integrity.
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