FAQ

Last updated 17 days ago

Merge Coin

Premine

The Merge Coin has a premine of 33,000,000 MERGE.

Two budgets are created with the premine, the Swap and Main Budgets, which we explain below.

The premine as a whole is not used by Merge to increase income via PoS nor masternodes. However, Merge's team members can use the MERGE they receive as salary (from the Main Budget) the way they decide it is best.

Track the premine. Note: 20,000 MERGE from the Main Budget were initially used to setup two masternodes that support the network.

Swap Budget

Allocates 23,000,000 MERGE and is used to swap abandoned coins to Merge. Read more about swapping to Merge at Swap to Merge.

The swaps are active for a limited period of time. After such period, the remaining MERGE from this budget, if any, will be allocated to the Main Budget.

Track the Swap Budget.

Main Budget

Allocates 10,000,000 MERGE and is used to cover the costs for the continuous development of Merge. That involves salaries and payment of marketing, business, community and development tasks.

Track the Main Budget. Note: 20,000 MERGE from the premine were already used to setup two masternodes that support the network.

Block Rewards

Merge Coin's block rewards is estimated to last during ten years from the genesis date, thus by the end of 2028. After that, all payouts will cease unless any consensus change states otherwise.

By the time the exponential decrease starts, block rewards will decrease in variable intervals, being the longest 197 days.

See Merge Coin's block rewards at https://github.com/ProjectMerge/merge/blob/master/README.md

Proof-of-Stake

Receiving Proof-of-Stake (PoS) rewards using the Merge Coin Wallet will depend on two factors:

  1. Number of coins being staked. The more they are, the more chances to receive PoS rewards.

  2. Age of the coins being staked. The longer the coins have been staked, the more increases the probability to receive PoS rewards.