Tokenomics

Token supply and unlock schedule

The total supply of GEOD token is 1 billion. Each wallet will adhere to its own unlocking schedule. Mined tokens will be unlocked and distributed to each miner daily. However, allocations to the team, investors, and ecosystem will undergo a multi-year unlocking process.

Below is the list of token address for each allocation:

Mining: 0xfa5fEd5cc2b6DD8F370651D17242C52Ed711B14F

Mining distribution wallet: 0x8FB9dd00B9a3D893dA96d444817d0b77330d5478

Ecosystem: 0x3A6906E4239F9860C81035c54198Df58D892653b

Team: 0xca3E874Bc4e830796d822F529C29Df30302324b2

Investor: 0x486559899e96981DFE55C4E6EBF5101A76BfAdfa

Vendor/Marketing: 0x82146cf0f350c241757660fd803c73313b06d75c

Public sale: 0xcEcccB3ee2C208Fb58A5a02499E97D4BF041Ff6f

Earning GEOD Tokens

GEOD tokens are earned via mining. Base rewards halve annually on June 30th, so early participation will have greater rewards.

Base reward

The base reward is calculated based on the Base Station's effective online time. GEOD token is rewarded on a fixed rate starting at an initial 2 GEOD/hour. The base reward will be on a yearly halving process:

Hourly rate	Yearly	Schedule
2	17520	July 2022 - June 2023
1	8760	July 2023 - June 2024
0.5	4380	July 2024 - June 2025
…	…	…

Before July 2024, miners can receive up to 48 GEOD tokens/day for triple-band Base Stations with 2x multiplier incentive (24 GEOD tokens/day for dual-band Base Stations).

Year	Token Rewards up to / Day
07/01/2023 - 06/30/2024	48 GEOD
07/01/2024 - 06/30/2025	24 GEOD
07/01/2025 - 06/30/2026	12 GEOD
...	...

Actual reward

Actual reward may vary based on the data quality provided by the Base Stations. Actual reward is calculated by mutiplying the base reward by the below network reward rules:

• Token Reward Metrics
• Hex Reward Rules
• SuperHex Multiplier