Mining Distribution Rates

Current Mining Distribution Rates

(January 19,2022 - present)

Read more about the BELT halving****

There is currently 0.589 BELT mined per block. 0.089 BELT/block goes to the build allocation. The build allocation will be used to ensure sustainable development and rapid innovation. This equates to about 15% of mined BELT.

The remainder of mined BELT (0.5 BELT/block) goes as LP rewards for our pools and vaults. We are also implementing cross-chain BELT mining, a feat made possible by Orbit Chain and its cross-chain masterchef. Essentially, a portion of the total BELT token emissions will be bridged over to other chains (HECO, KLAYTN) used for liquidity mining on HBELT and KBELT.

Historical Rates

Belt Finance V1

Beginning Allocation Ratio (March 10, 2021 - April 21, 2021)

• BNB-BELT PancakeSwap LP stakers: 0.5 BELT/block (50%)

• venus pools stakers in Belt.fi: 0.5 BELT/block (50%)

• Build Allocation: 0.178 BELT/block. The build allocation will be used to ensure sustainable development and rapid innovation. This equates to about 15% of mined BELT.

Belt Finance V2

Multi-strategy updated distribution rates (April 21, 2021 - May 21, 2021)

• BNB-BELT LP (Belt Staking Pool): 0.5 BELT/block (50%)

• 4BELT LP (LP Staking Pool): 0.3 BELT/block (30%)

• BTC (Belt Vault): 0.1 BELT/block (10%)

• BNB (Belt Vault): 0.05 BELT/block (5%)

• ETH (Belt Vault): 0.05 BELT/block (5%)

• venus (LP Staking pool): 0 BELT/block (0%)

These were the changes from the previous rates:

**BELT mining on HECO (**May 21, 2021 - June 24,2021)

25% of total BELT emissions will now be used as liquidity mining rewards on HECO Belt.

Of the HECO Emissions:

• wHT-hBELT (Belt Staking Pool): 0.12 BELT/block (48%)

• HECO 4BELT LP (LP Staking Pool): 0.08 BELT/block (32%)

• BTC (Belt Vault): 0.03 BELT/block (12%)

• ETH (Belt Vault): 0.01 BELT/block (4%)

• HT (Belt Vault): 0.01 BELT/block (4%)

These were the changes from the previous rates:

4Belt Compensation: remedy 4BELT (r4BELT) (June 24,2021 - December 29,2021)

These were the changes from the previous rates:

Belt Finance V3

Cross-chain Pool/Swap: 3Tether (December 29, 2021 - present)

30% of total BELT emissions will now be used as liquidity mining rewards on the Tether Pool.

These were the changes from the previous rates: