- Starting supply: 1,000,000,000,000 (1 trillion)
- Burns: 500,000,000,000 in Year 1; 50,000,000,000 in Year 2; 50,000,000,000 in Year 3
- Locked (not in circulation yet): 396,452,690,820 total, released in 3 equal tranches (1/3 each) in Year 2, Year 3, Year 4.
Quick math summary
- Total supply after Year 1 burn = 500,000,000,000
- Total supply after Year 2 burn = 450,000,000,000
- Total supply after Year 3 burn (final total supply) = 400,000,000,000 (40% of the original 1T)
Each locked tranche = 396,452,690,820 ÷ 3 = 132,150,896,940 tokens.
Year-by-year snapshot
End of Year 1 (after 500B burn)
- Total supply = 500,000,000,000
- Locked = 396,452,690,820
- Circulating = 103,547,309,180 (≈ 103.547B)
- Circulating is 20.709% of supply at this point (and 10.355% of the original 1T)
End of Year 2 (release 1/3 then burn 50B)
- Release into circulation = 132,150,896,940
- Circulating before Year-2 burn = 103,547,309,180 + 132,150,896,940 = 235,698,206,120
- After Year-2 burn (−50,000,000,000): 185,698,206,120 (≈ 185.698B)
- Locked remaining = 264,301,793,880
- Total supply = 450,000,000,000
- Circulating is 41.266% of supply at this point (and 18.570% of original 1T)
End of Year 3 (release 1/3 then burn 50B)
- Release into circulation = 132,150,896,940
- Circulating before Year-3 burn = 185,698,206,120 + 132,150,896,940 = 317,849,103,060
- After Year-3 burn (−50,000,000,000): 267,849,103,060 (≈ 267.849B)
- Locked remaining = 132,150,896,940
- Total supply = 400,000,000,000
- Circulating is 66.962% of supply at this point (and 26.785% of original 1T)
End of Year 4 (release last 1/3 — no more burns)
- Final release = 132,150,896,940
- Final circulating = 267,849,103,060 + 132,150,896,940 = 400,000,000,000 (all tokens are in circulation)
- Final total supply = 400,000,000,000 (100% circulating; this equals 40% of the original 1T)