Token Economics
Token Supply and Distribution
StrattCoin has no pre-mine, no ICO, and no developer allocation. All tokens are distributed through mining.
Block Reward
7.5 STRATT
Block Time
1 Minute
Supply and Distribution
Distribution is through mining only, with no pre-allocation.
No Pre-mine
There was no pre-mine, ICO, or developer allocation. 100% of STRATT is mined from the genesis block onward.
Block Reward
Each block rewards miners with 7.5 STRATT. This reward halves every 1,051,200 blocks (approximately every 2 years).
Block Time
Target block time is 1 minute.
Halving Schedule
Follows a halving schedule similar to Bitcoin, with the block reward reducing by 50% approximately every 2 years.
Mining
Technical specifications for mining StrattCoin.
KAWPOW Algorithm
Uses KAWPOW algorithm which can be mined with consumer GPUs.
ASIC Resistant
KAWPOW is a memory-hard algorithm designed to resist ASIC mining hardware.
Solo Mining
Solo mining is supported. Mining pools are not required.
Emission Schedule
Block rewards halve approximately every 2 years (1,051,200 blocks).
Year 1-2
7.5 STRATT per block.
Year 3-4
3.75 STRATT per block after first halving.
Year 5-6
1.875 STRATT per block after second halving.
Continuing
Halving continues every ~2 years (1,051,200 blocks).
Asset Creation Costs
Creating assets on StrattCoin requires burning STRATT tokens.
Main Asset Creation
Creating a main asset requires burning STRATT.
Sub-Assets
Sub-assets created under a main asset also require burning STRATT.
Unique Assets
Creating unique (NFT-style) assets requires burning STRATT.
Token Burns
STRATT burned for asset creation is permanently removed from circulation.
Summary
Key parameters of StrattCoin tokenomics.
Distribution
No pre-mine or insider allocation. All STRATT is distributed through mining.
Mining Hardware
KAWPOW algorithm runs on consumer GPUs. No specialized equipment required.
Supply Schedule
Block rewards halve every ~2 years. The schedule is defined in the protocol.
Asset Burns
Asset creation burns STRATT, reducing circulating supply when assets are created.
Get Started
Resources for mining and learning more about StrattCoin.