reward_mode = voyager
Voyager
Paid now.
- One reward note with 75% of the miner base, spendable after 24 blocks (about 2 hours)
- 20% goes to the Holder pool
- 5% is burned
- Never draws from the Holder pool
For miners who need liquidity now.
Mining · Native V1
Mine as a Voyager
or a Holder.
Every block publicly names one reward mode. The miner chooses it explicitly; there is no default. A Voyager takes the reward now. A Holder locks part of it for up to two years and draws from the Holder pool.
Status: the native V1 monetary rules are selected and implemented in integer accounting. The public test network and production network are not available. These are protocol rules, not a promise of value or returns.
00 / Network
Network status.
- Status
- Pre-launch
- No public test or production network yet
- Block height
- —
- Genesis has not been set
- Reward per block
- 33.94524515 SIP
- Era 0 · blocks 1–4,032
- Holder pool
- 0 SIP
- Starts empty at genesis
01 / Two identities
One block, one mode.
reward_mode = holder
Holder
Paid over two years, plus the pool.
- 60% of the miner base, plus 1 / 4,032 of the Holder pool, spendable after 24 blocks
- The other 40% is locked in four notes of 10% each
- Nothing is burned; the whole miner base is paid
60%+ pool share
24 blocks
24 blocks
10%~6 months
52,560 blocks
52,560 blocks
10%~12 months
105,120 blocks
105,120 blocks
10%~18 months
157,680 blocks
157,680 blocks
10%~24 months
210,240 blocks
210,240 blocks
For miners who commit for the long term. Holders share the 20% that every Voyager block pays into the pool.
- In both modes the miner also receives every private transaction fee in the block, in the note that matures after 24 blocks
- The mode is fixed when the block template is created; changing the setting affects only later templates
- Any other note count, amount, asset or unlock height makes the block invalid
02 / Holder pool
Voyagers fund
the Holders.
- In: 3% of every block subsidy
- In: 20% of the miner base of every Voyager block
- Out: each Holder block claims 1 / 4,032 of the pool, after that block's 3% is credited
- The pool is public protocol state with no private key; nobody can spend it directly
4,032 blocks is about 14 days. The more blocks Voyagers mine, the faster the pool grows for Holders.
03 / Subsidy split
Where each block's
subsidy goes.
Miner base: the residual after the fund and pool shares, nominally 87%. Every rounding atom goes to the miner, so no atom is created or lost.
Development fund: 10%. Half of each credit is available after 24 blocks; the other half releases daily over 1,461 days (4 years). Each payout needs a post-quantum ML-DSA-65 signature.
Fees: private transfers, not subsidy. Their full sum goes to the producing miner and never enters this split.
The number of development-fund wallets and their individual shares are not yet configured. They must be fixed at genesis before the network can produce blocks.
04 / Emission
Integer emission,
permanent tail.
- Block target
- 300 seconds (5 minutes), sequential BLAKE3 proof of work
- Initial subsidy
- 33.94524515 SIP per block, for blocks 1 to 4,032
- Decay
- Every 4,032 blocks (about 14 days) the subsidy is multiplied by 4,268,204,354 / 232, about 15% less per year
- Tail
- 1 SIP per block forever, from block 2,274,049 (about year 21.6)
- Supply
- About 21.32 million SIP issued before the tail; no finite cap after it
- Units
- 1 SIP = 100,000,000 atoms · every amount and ratio is a checked integer
| Protocol year | Cumulative gross issuance (SIP) |
|---|---|
| 1 | 3,303,016 |
| 4 | 10,519,407 |
| 10 | 17,659,668 |
| 20 | 21,120,932 |
| 40 | 23,248,826 |
A protocol year is 105,120 blocks; calendar timing varies with proof-of-work production. Burns, the Holder pool and lock schedules change who holds the supply, not the gross schedule. No premine: issuance starts at block 1.
05 / Locks
Locked by the proof,
not by a promise.
- Every note commits to its unlock height inside the encrypted package
- The transaction proof checks that unlock height against the block height of the chain snapshot it spends from
- Changing the ciphertext, witness or snapshot cannot unlock a note early
- Wallets show available and locked balances and the next unlock, with dates estimated from block intervals