💧Tokenomics

HNY is a proof of value for Hive Network, a democratic, standardized, and decentralized benefit distribution solution. On the Hive Network, chain-related operations that directly produce value, such as storage, domain name registration, user transactions, resource node usage, smart contract operations, and application deployment, are recorded in the block, and HNY is paid as the transaction fee. Hive Network belongs to each participant, the social value generated is shared by all participants, and the benefit distribution is based on HNY.

In addition to 10 million pieces mined in advance by the foundation for early voting mining, pledge mining, developer rewards and community rewards, the rest are mined with block rewards.

The first block reward is 70.32/31 HNY

From 1 to 30000 heights, 0.0193 pieces per block are added

From the height of 30001 to 60,000, 0.023 pieces per block are added

From the height of 60001 to 90,000, 0.0268pieces per block are added

From 90001 height to 120000 height, 0.039 pieces per block are added

From 120001 to 184999 height, 0.0349 pieces per block are added

From 185000 onwards, for every 10,472 increases in height, the yield

will be reduced by 10%.