Chain Info - Hemis-Blockchain/Hemis GitHub Wiki
General
| type | description |
|---|---|
| Blockchain Type | UTXO |
| Blockchain Tier | Layer 1 |
| Consensus Mechanism | PoW for first 499 blocks switching to PoS2 at block 500. |
| Fork | PIVX |
| POW algorithm | QUARK |
| Divisibility | 8 decimal places |
| Block Time | 60 seconds |
| Emission | Linear (no halving) |
| Block Reward | 5.34999999 |
| Emission Schedule | 10 years |
| Launch Method | Private chain launch with full public transparency. Premine of tokens for early supporters, founders, Y1 dev fund and airdrop recipients. Initial PoW phase, switching to PoS2, controlled by Hemis team. Launch considered completed once 50%+ of the staking network was outside of Hemis team control. |
Tokenomics and Distribution
| type | description |
|---|---|
| Maximum Supply | 30,000,000 after 10 years |
| Privately held tokens @ launch (early supporters) | 200,000 |
| Founder tokens @ launch | 600,000 |
| Year 1 dev fund | 300,000 (paid in monthly installments over 12 months) |
| Airdrop (initial airdrop plus staking bonus) | 1,143,000 |
Block Rewards
Before the launch of the Gamemasters and DAO budget, 100% of the block rewards go to staking.
| Pre DAO | Post DAO |
|---|---|
| Ordinary Staking Rewards 45% | 40% |
| Gamemaster block reward 55% | 50% |
| DAO Budget 0% | 10% |