# Mining Distribution Rates

## Current Mining Distribution Rates

#### (**January 19,2022 - present**)

[**Read more about the BELT halving**](https://docs.belt.fi/tokenomics/belt-supply)\*\*\*\*

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:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-c15cc03a3813be6e308bb19d988a531419ac5359%2FScreen%20Shot%202021-04-20%20at%204.41.29%20PM.png?alt=media)

#### \*\*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:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-1e4a3ace25864d31f8efeaa2f016e669ead8d2a9%2Fimage%20\(9\).png?alt=media)

#### 4Belt Compensation: remedy 4BELT (r4BELT) (**June 24,2021 - December 29,2021**) <a href="#id-9058" id="id-9058"></a>

These were the changes from the previous rates:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-d45436a7ea50298877243f4aed37640b84e5fd5c%2Fimage%20\(26\).png?alt=media)

### 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:

<figure><img src="https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fz2HbdDdJ65wxub7ApGmw%2Fimage.png?alt=media&#x26;token=032091cc-e025-49c5-869c-8e880fe35321" alt=""><figcaption></figcaption></figure>