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Halving events occur every 28 days, where the entire map’s mining rate is reduced by 50%. This mechanism is inspired by Bitcoin’s halving model and is designed to control token inflation, promote scarcity, and ensure the maximum supply of 21,000,000 OIL is reached gradually.
  • Initial mining rate: 4.0 OIL/s (distributed as 0.4, 0.8, 1.2, 1.6 across the wells).
  • Post-Halving: After each halving, the mining rate for each well is halved, reducing overall emissions.
  • Impact: Increasing token value over time as mining rewards decrease, encouraging early participation and long-term holding.
  • Schedule: Halving every 28 days