# Tokenomics

![](/files/-MbOIifwgdGJNp61OwzG)

## Distribution

#### 1,000,000,000,000 Total Supply

* **74.5%** (745,000,000,000) allocated to [METASHIP Rewards](/metal-1/distribution-tokenomics.md#metaship-rewards)
  * Immutable mint limit, contract ownership keys burned

* **20%** (200,000,000,000) allocated to [Liquidity Provider Incentives](/metal-1/distribution-tokenomics.md#liquidity-provider-incentives)
  * Locked in [GYSR](https://app.gysr.io/geyser/0x4fd8e5604f0071c10a126ef976d07e48f246b702), keys burned

* **0.5%** (5,000,000,000) allocated as [Initial Liquidity](/metal-1/distribution-tokenomics.md#initial-liquidity)

  * Locked in Sushiswap LP, keys burned

* **0% accessible by developers**
  * **This is a "fair" pro-chaos launch.**

## METASHIP Rewards

Every block (13.3s), METAL is distributed (made available to collect) to every METASHIP in existence. The amount of METAL distributed per ship scales based on (1) individual ship [attributes](/metaships/attributes.md) and (2) the weekly multiplier.

"Pending" METAL is then stored on each individual ship and will stay with it in the event of an ERC721 token transfer.

### Weekly Multipliers

Weeks are defined as groups of 45,473 Ethereum blocks, starting at the GENESIS\_BLOCK of the METASHIP contract. Weekly multiplier applies to the base metal generated by each METASHIP for that week.

**Important to note, any METASHIPS with pending METAL at the end of a week (when the multiplier changes) will have their pending METAL SLASHED.** As such, it is important to collect your METAL at least once a week.

![](/files/-MbTY_Lq3eCeMEcxXxk6)

* Week 1 = 16x
* Week 2 = 10x
* Week 3 = 8x
* Week 4 = 5x
* Week 5 = 4x
* Week 6 = 3x
* Week 7-8 = 2x
* Week 9+ = 1x 

## Liquidity Provider Incentives

To encourage deep METAL liquidity, 200,000,000,000 METAL will be distributed over 32 weeks via [gysr.io ](https://app.gysr.io/geyser/0x4fd8e5604f0071c10a126ef976d07e48f246b702)to those providing liquidity on the following pairs:

* [SUSHISWAP ETH/METAL](https://app.sushi.com/add/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2/0xe1ab817b1eda1b05785b731060658885c91acd89)

## Initial Liquidity

This METAL will be locked into the ETH/METAL LP pair on SUSHISWAP and the controlling wallet's keys will be permanently burned.

The starting price of METAL will be **$0.0000002**


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