Halving Mechanism and Rewards

The Shroomies Halving mechanism is inspired by Bitcoin's reward halving, which occurs approximately every 4 years (or 210,000 blocks), creating scarcity and driving value.

Similarly, Shroomies implements a Halving every 4 days (864,000 blocks) to reduce $SHM generation, encouraging early participation and rewarding long-term holders by increasing token scarcity over time. This mirrors Bitcoin’s approach to balancing supply dynamics and incentivizing early adopters, adapted to the faster-paced Shroomies ecosystem.

Let:

R_{block} Total $SHM reward per block

R_0Initial block reward: 6.25 $SHM per block

( n ) Number of Halvings that have occurred

The block reward after ( n ) Halvings is:

$$R_{block} = R_0 \times \left( \frac{1}{2} \right)^n$$

$SHM Distribution

The $SHM distribution for each player is calculated based on their total Bloom Rate relative to the total Bloom Rate of the network.

$$SHM_{player} = R_{block} \times \frac{BR_{player}}{BR_{total}}$$

• BR_{player}Total Bloom Rate of all active Monsters owned by the player

• BR_{total}Total Bloom Rate of all active Monsters in the network