# Tokenomics
[**Fish Bit**](https://fishbit.org/)'s token system mirrors the spirit of early BTC mining, but swaps electric bills for fish vibes. The total supply follows a geometric decay schedule, rewarding early fishers and ensuring long-term scarcity.
***
## Emission Model
* Initial cast reward: 3 Fish Bit Token
* Halving every 3,395,000 blocks
* Each halving cuts the reward in half
* Built on a converging emission curve
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## Token Info
* Token name: Fish Bit Token
* Ticker: $FBT
* Total Supply: 21,000,000
* Contract: 0x8c883DD662d8C93B7952d56683d978085CCf5abe
* Listing prep ongoing
This is your fish-farming fuel. You'll need Fish Bit Token to buy rods, boats, and claim on-chain rewards in the [Main Phase](/main-phase-launch.md).
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## Total Supply Formula (GitBook Math)
$$
\text{Total Supply} = R\_0 \times \sum\_{i=0}^{\infty} \left(\frac{1}{2^i} \times 3,395,000\right) + 630,000 = 21,000,000
$$
#### Where:
* is the genesis reward (3 Fish Bit Token)
* Halving occurs every 3,395,000 blocks
* Rewards decay as supply approaches the 21M cap
> 🚨 3% of total supply (630,000 Fish Bit Token) is pre-allocated for initial liquidity and burned post-launch.
***
## Deflationary Model
* 90% of tokens spent on rods/boats are burned
* The remaining (10%) go to referral rewards
This deflation loop keeps value flowing. The more you fish, the tighter the supply becomes. Burn and earn, fisher.
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