Glossary Term Definition
The event that occurs every four years after the launch of Tockchain Mainnet, in which the Tock Reward Amount is halved, reducing the amount of VNET minted and distributed per Tock. This mechanism controls inflation and ensures long-term scarcity. The initial reward of 1 VNET per Tock will decrease over time, for example to 0.5 VNET after the first halving.
Halving
The event that occurs every four years after the launch of Tockchain Mainnet, in which the Tock Reward Amount is halved, reducing the amount of VNET minted and distributed per Tock. This mechanism controls inflation and ensures long-term scarcity. The initial reward of 1 VNET per Tock will decrease over time, for example to 0.5 VNET after the first halving.