> For the complete documentation index, see [llms.txt](https://bats-of-bracken.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bats-of-bracken.gitbook.io/docs/the-plan/tokenomics.md).

# Tokenomics

$BOB is a decentralized protocol and SPL (Solana Program Library) token created on the Solana blockchain with a starting supply of zero, and a maximum supply of 13,666,000.

* **$BOB is the utility token of Solana.**
* $BOB is a decentralized protocol and SPL (Solana Program Library) token created on the Solana blockchain with a starting supply of zero, and a maximum supply of 13,666,000.
* $BOB has an emission schedule with multiple halvings and mining rewards that are earned via staking NFTs.
* $BOB is planned to benefit the applications and tools developed by Bats of Bracken.
* Developers can independently adopt $BOB within their own ecosystems and create their own utility for the token.

## Supply

* Bob Token's starting supply is 0.
* Bob Token's maximum supply is 13,666,000.
* There will be 3 halving events to reduce the amount of $BOB that is entering the ecosystem.
* Halving Events TBA.
* Each halving event will reduce $BOB staking rewards by 50%.

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The date of each Halving event will be estimated and announced monthly.
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