ODIN Blockchain Genesis and rewards

Categories Community Update

ODIN Blockchain is now launched. Hello World!

ODIN Rewards Structure

Term names # Blocks Reward per block Community Development Fund Masternodes ROI Total supply increase
PoW Pre-Launch 200 495,000
PoS Launch 14,400 5
Ragnarök Release 37,440 175 10% 57.14% 6.61%
Valhalla Release 87,840 95 10% 34.13% 7.90%
Year of Yggdrasil 525,600 25 15% 9.22% 11.53%
Year of Midgard 527,041 20 20% 6.63% 8.29%
Year of Nidhogg 527,000 15 25% 4.59% 5.74%

Fundamentally, the initial staking rewards structure, implemented for the benefit of the community include:

  • PoS Schedule – 10% to community development fund proposals for all phases starting in Ragnarök, increasing to 25% of rewards by the beginning of 2021.
  • 90% distributed to staking wallets and masternodes.

The reward structure will slowly ramp up the percentage rewards to the community project funding pool in order to provide increased budgets which will provide sustained development and incentives for new features and projects. Masternode operators will also benefit greatly from day one and also over time.