# Tokenomics - $POWER

### TL:DR

**$POWER is the token you will recieve for staking Block9 Dogs. There will be a rapid distribution phase** where we distribute $POWER into the hands our collectors, this will move to a **phase where scarcity is introduced to increase token value**. $POWER will be used for [rewards](https://block9.gitbook.io/bidhub/block9-nft-collection/block9-holder-benefits).

### $POWER&#x20;

Unlock holder benefits with $POWER. Simply stake your BLOCK9 Dogs to accumulate $POWER and earn from the carefully designed tokenomic structure. This is your key to unlock [exclusive rewards](https://block9.gitbook.io/bidhub/bidhub-the-platform/bidhub-bidder-benefits), private bidding windows and much more.&#x20;

### Staking

$POWER is accumulated by staking BLOCK9 Dogs at a rate of 60 $POWER per day.

### Emission Structure & Total Supply

Our treasury wallet holds 250 million $POWER which has been minted on-chain. The emission schedule will begin with inflation, offering early accumulators the benefit of 50% of the $POWER being distributed during the initial stage of the total emission schedule, before transitioning to deflation.

### Halving's & Distribution Schedule

Halving's slow down the rate of $POWER earned by staking. **There are fixed halving's to align with key supply distribution points:** \
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\- 50% of $POWER has been distributed - daily staking reward reduces to 30 per day. \
\- 75% of $POWER has been distributed - daily staking reward reduces to 15 per day. \
\- 83% of $POWER has been distributed - daily staking reward reduces to 7.5 per day.

### Deflation by burning $POWER and slowing distribution

The emission schedule will gradually **shift towards deflation**, achieved through halvings and the exchange of your $POWER for rewards.\
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Exchanged power will be split between burning by Block9 and being held by the project wallet to ensure a staking mechanism that will never run out. \
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Based on a forecast of 90% staking rate the supply would shift from inflation, to deflation around our first anniversary. This could see a marked increase in value for $POWER.\
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**Token burning has already begun.** We have been running a number or $POWER auctions through our promotional pre-mint phase. We have already burned over $2,500,000 POWER that have been collected through our BidHub auctions. 🔥

### Listings - Where to Buy/Sell

$POWER is listed on established DEXs and marketplaces:\\

* [Jupiter](https://jup.ag/swap/SOL-POWER_PowerBhXnjVZsDKic8Zkv2GgPwyu4TFnCjxNrKNVeDb) (SOL/POWER)
* [Raydium ](https://raydium.io/swap/?inputCurrency=sol\&outputCurrency=PowerBhXnjVZsDKic8Zkv2GgPwyu4TFnCjxNrKNVeDb\&fixed=in)(SOL/POWER)
* [Famous Fox Token Marketplace](https://famousfoxes.com/tokenmarket)

*Liquidity Pool is currently only a small pool to allow trading of tokens for POWER promotional events. Larger liquidity will be provided post mint of the Block9 Dogs.*

### Token Allocation:

<figure><img src="https://1399337402-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FJjyvCmHzf6LyoJgtmikC%2Fuploads%2FILo48GDUFY5d7ASWOZnr%2FToken%20Allocation.png?alt=media&#x26;token=a283eaa8-4855-4a98-823c-d29c04528687" alt=""><figcaption></figcaption></figure>

<figure><img src="https://1399337402-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FJjyvCmHzf6LyoJgtmikC%2Fuploads%2Fz6JAJ8dVHPrwdYv2EIiU%2FScreen_Shot_2022-08-08_at_8.04.50_PM.png?alt=media&#x26;token=100726b8-172b-4a2c-aa86-d99bf47ec198" alt=""><figcaption></figcaption></figure>
