MOR Emissions

Morpheus rewards have started at 14,400 MOR per day on February 8th 2024 and decline by 2.468994701 MOR each day until the reward reaches 0 on day 5,833 or January 28th, 2040.

Daily emissions distributed between buckets in proportions:

• 3,456 MOR (24%) tokens for Compute Providers;

• 3,456 MOR (24%) tokens for Code Contributors;

• 3,456 MOR (24%) tokens for Capital Providers;

• 3,456 MOR (24%) tokens for Application Builders.

With the remainder of 576 MOR (4%) set aside for Protection Fund.

Tail Emissions

Since Bitcoin's launch, the question, "What will happen when the block rewards finally stop?" has sparked ongoing debate. To sidestep this issue in the context of Morpheus and to ensure long-term alignment among coders, builders, compute providers, and capital providers, Morpheus introduced "Epochs" and "Tail Emissions" of MOR tokens.

MOR tail emissions will begin after the final MOR tokens are emitted on day 5,833 of the distribution schedule, which marks the end of the 16-year Epoch 1.

The tail emission amount will be calculated as 50% of the MOR tokens set aside for Epoch 2 over the previous 16 years. This tail emission value will then be distributed over the next 5,833 days.

For example, here is the table that represents Tail Emissions schedule if 10% of MOR supply will be locked for this purpose each epoch.

This process will continue indefinitely, ensuring that future coders, compute providers, builders, and capital contributors are always guaranteed rewards, while MOR tokens become increasingly scarce with each Epoch.