> For the complete documentation index, see [llms.txt](https://docs.midasmine.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.midasmine.com/whitepaper/midas-tokenomics/halving-and-emission.md).

# Halving and Emission

A Time-Based Emission Model With Scheduled Mining Rate Reductions

***

The Midas halving mechanism is a predefined emission control system designed to progressively reduce the base mining rate at fixed time intervals. Each halving reduces the previous mining rate by 50%, establishing a structured and predictable emission schedule.

Unlike miner-based halving systems, where reward reductions depend on reaching a specific number of miners or network milestones, Midas follows a **time-based halving mechanism**. Each reduction is activated according to a predetermined calendar schedule, regardless of the number of registered users or active miners.

### Halving Period

<figure><img src="https://162473802-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fqi2eDvKpXobadEAPzd5q%2Fuploads%2Fmj7KgtziwPydYIPUh62j%2Fart-18.jpg?alt=media&amp;token=c0d43436-d697-47b3-a20c-eda1166e4ef2" alt=""><figcaption><p>Halving Chart</p></figcaption></figure>

The initial mining rate is set at 8 MID per hour, active from October through November 2026. The first halving takes effect in December 2026, reducing the base mining rate to 4 MID per hour.

Following the first reduction, every subsequent halving occurs at three-month intervals, applying another 50% reduction to the previous base mining rate. Each new rate remains effective throughout its designated period until the next scheduled halving.

This approach establishes a fixed emission timeline, allowing mining participants to understand the progression of mining rates in advance.

### Halving Stages and Emission Schedule

<table><thead><tr><th width="120">Stage</th><th>Stage Name</th><th>Effective Period</th><th align="right">Mining Rate</th></tr></thead><tbody><tr><td>H1</td><td>Leafe</td><td>Dec 2026 – Feb 2027</td><td align="right">4 MID/hour</td></tr><tr><td>H2</td><td>Sea</td><td>Mar – May 2027</td><td align="right">2 MID/hour</td></tr><tr><td>H3</td><td>Desert</td><td>Jun – Aug 2027</td><td align="right">1 MID/hour</td></tr><tr><td>H4</td><td>Stone</td><td>Sep – Nov 2027</td><td align="right">0.5 MID/hour</td></tr><tr><td>H5</td><td>Lava</td><td>Dec 2027 – Feb 2028</td><td align="right">0.25 MID/hour</td></tr></tbody></table>

### Emission Reduction Formula

Each halving follows a consistent mathematical formula:

$$
R\_n = R\_{n-1} \times 0.5
$$

Where:

$$\begin{aligned} R\_n &= \text{New mining rate after the halving} \ R\_{n-1} &= \text{Previous mining rate} \ 0.5 &= \text{50% reduction factor} \end{aligned}$$

This means every successive stage retains 50% of the previous stage's base mining rate.

The fifth halving establishes the mining rate at 0.25 MID per hour, completing the currently defined five-stage emission schedule.

**Midas follows a predictable emission model where mining rates are determined by time, not miner count.**