# Emissions Schedule _MEZO emissions model with Bitcoin-inspired halving and distribution flow_ _Source: https://mezo.org/docs/users/mezo/emissions_ MEZO follows a Bitcoin-inspired emissions model with predictable, declining inflation. In this way, early users who commit and max-lock their MEZO stake will benefit the most from the planned MEZO emission schedule. | Phase | Timeline | Emission Rate | |---|---|---| | Bootstrap | Years 0–2 | 25% → 12.5% | | Growth | Years 2–4 | 12.5% → 6.25% | | Maturity | Years 4–8 | 6.25% → 2% | | Perpetuity | Years 8+ | 2% (terminal) | ![MEZO Emissions Schedule](/docs/images/mezo-token/mezo-emissions.png) ## Weekly Emissions (Epochly) Each week, MEZO tokens are distributed to participants in Mezo Earn. Emissions start higher and decrease over time. To claim your share, deposit and lock BTC and MEZO into Mezo Earn. Epochs turn over every Thursday at 00:00 UTC. MEZO's TGE was April 1, 2026, so week 0 starts at the first epoch boundary after it: April 2, 2026. For a full week-by-week breakdown, download the following CSV. 📄 **[Download MEZO Weekly Emissions (CSV)](/docs/mezo-weekly-emissions-schedule.csv)** The table below shows the weekly emission schedule for each quarter of the first five years (260 weeks).
Week Date Token Supply Weekly Emission Total MEZO Emissions Since Inception MEZO Inflation Since Inception
04/2/20261,000,000,0004,807,69200.00%
137/2/20261,062,426,8894,788,58362,426,8896.24%
2610/1/20261,124,370,0694,729,922124,370,06912.44%
3912/31/20261,185,305,1234,630,098185,305,12318.53%
524/1/20271,244,690,0134,488,065244,690,01324.47%
657/1/20271,301,972,7654,303,396301,972,76530.20%
789/30/20271,356,599,7734,076,321356,599,77335.66%
9112/30/20271,408,024,5253,807,759408,024,52540.80%
1043/30/20281,455,716,5873,499,319455,716,58745.57%
1176/29/20281,500,519,6113,381,580500,519,61150.05%
1309/28/20281,543,690,3943,246,945543,690,39454.37%
14312/28/20281,585,011,0033,095,725585,011,00358.50%
1563/29/20291,624,268,3742,928,368624,268,37462.43%
1696/28/20291,661,256,1242,745,465661,256,12466.13%
1829/27/20291,695,776,3522,547,741695,776,35269.58%
19512/27/20291,727,641,3902,336,054727,641,39072.76%
2083/28/20301,756,675,5022,111,389756,675,50275.67%
2216/27/20301,783,519,2692,009,675783,519,26978.35%
2349/26/20301,809,007,7601,902,502809,007,76080.90%
24712/26/20301,833,071,4141,790,109833,071,41483.31%
2603/27/20311,855,643,9041,672,756855,643,90485.56%
## Key Features **Bitcoin-Inspired Halving** — Emission rate halves every 2 years, creating predictable supply expansion. **2% Tail Emissions** — After year 8, emissions stabilize at 2% annually to maintain long-term incentives. **Rebase Protection** — Locked veMEZO receives proportional emissions to offset dilution. ## How Emissions Are Distributed Weekly emissions flow through a splitter system: 1. **Rebase vs. Rewards** — A portion goes to veMEZO holders as anti-dilution rebases; the remainder flows to the "Chain Splitter" as emission rewards. 2. **Chain Splitter** — Rewards are split between validators (20%) and the ecosystem (80%). This ratio is currently fixed and locked via governance. 3. **Ecosystem Splitter** — Ecosystem rewards are split between staking gauges (90%) and non-staking gauges (10%). veBTC holders set this ratio. 4. **Gauge Voting** — veBTC holders vote to direct emissions to specific staking gauges. veMEZO holders vote to direct the non-staking share to [MEZO Gauges](/docs/users/mezo-earn/vote/mezo-gauges). ![MEZO Emissions Flow](/docs/images/mezo-token/mezo-emissions-flow.png) ### Emissions Flow Breakdown 1. **Weekly MEZO Emissions** follow a predetermined schedule. Each week, the protocol mints a fixed amount of MEZO according to this schedule. 2. **Rebase** protects veMEZO holders from dilution. The rebase share is dynamic—when few tokens are locked, rebase is high (up to 50% of emissions) to incentivize locking. As more MEZO is locked, the rebase share shrinks and more flows to rewards. This shifts the system from paying people to hold to paying people to participate by voting. 3. **Chain Splitter** determines how much goes to validators versus the rest of the ecosystem. The ratio is currently fixed at 20% to validators and 80% to the ecosystem, locked via governance. 4. **Validators** operate Mezo chain nodes. They receive a fixed share of MEZO emissions (20%) via the Chain Splitter. 5. **Ecosystem Splitter** directs the remaining 80% between staking gauges and non-staking gauges, currently 90/10. The non-staking branch, about 8% of emission rewards, funds [MEZO Gauges](/docs/users/mezo-earn/vote/mezo-gauges), where veMEZO holders vote to send MEZO to MUSD pools on Curve, Uniswap, and Aerodrome. 6. **Staking Gauges** receive the largest share of emissions. LPs who stake their LP tokens and MUSD savers who stake their receipt tokens earn MEZO here. In exchange, they give up direct trading fees—those flow to veBTC voters instead.