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OIL tokens are minted through gameplay rewards, with a maximum supply of 21 million tokens. The emission schedule is designed to maintain sustainable token distribution while allowing for adaptive adjustments based on protocol needs.

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Round Rewards

Each round distributes 200 OIL as rewards to miners participating in the block-based mining system.

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Reward Halving

The round reward of 200 OIL is not a permanent value. The protocol includes a halving mechanism that can reduce emissions over time to maintain long-term sustainability and token value. How it works:
  • Dynamic adjustments: The halving mechanism can be activated or modified in response to evolving market dynamics, such as token price movements, supply growth patterns, and overall ecosystem health
  • Decentralized control: Changes to emission parameters are determined through community governance, giving miners and token holders a voice in shaping the protocol’s economic model

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Maximum Supply

The protocol has a hard cap of 21 million OIL tokens. Once this supply is reached, no further tokens will be minted, regardless of the emission schedule. This mirrors Bitcoin’s 21M supply cap, positioning OIL as a Fogo-native store of value.