> For the complete documentation index, see [llms.txt](https://metafigz.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://metafigz.gitbook.io/whitepaper/brickonomics/halving-periods.md).

# Halving Periods

To keep tokenomics stable and the ecosystem healthy, we have calculated halving periods that reduce the emission of new tokens and consequently reduce future staking rewards.&#x20;

* After each halving period, the staking rewards will decrease by 50%
* The first halving will happen after 1M $BRICKZ have been distributed **OR** the phase 3 has been started.
* The next halving will happen after 2M $BRICKZ have been distributed **OR** the phase 4 has been started.&#x20;
* Then the distribution windows will get 15% smaller every cycle.
* **Halvings**
  * 1M $BRICKZ(+2M) **OR** The Phase 3 (creating minifigures)
  * 3M $BRICKZ(+2M\*0.85=1.7M) **OR** The Phase 4 (the Academy)
  * 4.7M $BRICKZ(+1.7M\*0.85=1.45M)
  * ...
  * Towards a max distribution supply of 28.5M (subject to change based on reward mechanisms)
* This ensures a healthier ecosystem, keeping the issuance at a fair price relative to $BRICKZ.


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