You’ve probably heard of double-halving. You probably know and even trade $BTC, and now you see it here at 420 DAO. Coincidence? Not really, since 420 DAO’s double-halving mechanism was indeed inspired by Satoshi’s work, but made even more special.
What is 420 DAO’s double-halving?
420 DAO’s token releasing schedule is built on a double-halving mechanism, which means both the quantity of issued tokens as well as the duration of each phase decrease by half compared to the previous one.
Specifically, there are in total 4 phases and the tapering mechanism is demonstrated in each phase as follows:
- During the first phase, which lasts 420 days, there are a maximum of 420,000 tokens emitted each day.
- During the second phase, which will last 210 days, the maximum number of tokens will decrease to 210,000 tokens each day.
- The third phase will last 105 days, and the maximum number of tokens will reduce to 105,000 tokens each day.
- In the last fourth phase, which will last 52 days, the maximum number of tokens will decrease to 52,000 per day.
- Following the fourth phase, new tokens will be minted at the same rate as the fourth phase until the hard cap of 420,000,000 tokens is reached, which will take approximately 12 years.
What are the benefits of 420 DAO’s double-having?
With double-halving, 420 DAO programmatically reduces the initial stimulus and simultaneously hardens the Store of the Value property of the tokens. Meanwhile, the tokens are distributed as broad and as fair as possible. With a 12-year span, 420 DAO’s ultimate purpose is to engage members who demonstrate long-term commitment to the development of the DAO itself.
420 DAO has carefully curated this mechanism to ensure optimal rewards and growth for all investors and token holders.
About 420 DAO
420 DAO is a decentralized autonomous organization that aims to build the right decentralized digital future. It is a coordinating and supporting body that promotes the development of decentralized economies using its robust tools and 420 DAO token. The project is a revolutionary DAO that has established a dedicated community of crypto proponents, thought leaders, builders, and investors.
The 420 DAO ecosystem is powered by 420 token that has in-build properties such as Store of Value Membership Value Governance value. To learn more about 420 DAO visit,