# MIA Tokenomics
MIA's primary function is to incentivize farming and providing liquidity on MiaSwap. At Mainnet, MiaSwap will launch as an MVP (minimum viable product) with the contract emitting 40 MIA per block and 5,250,000 MIA as an initial supply.
### First Initial
To hit the ground running, 5,000,000 MIA will be used for the initital coin offering and 250,000 MIA for Marketing purposes.
MIA is only open for sale once on [ONUS Application](https://goonus.io/apps) with NO private sale and seed round. 20% of ICO tokens are unlocked at TGE. The remaining 80% will go under linear vesting for 8 months. This offering is only available for ONUS Shares members and ONUS business partners.
### Emission Amount
| **Metric** | **Emission/block (MIA)** | **Emission/day (MIA)** |
| ------------- | -----------------------: | ---------------------: |
| Emission | 40 | 1,152,000 |
| Burned Daily | -36 | -1,036,800 |
| Reward | 2.5 | 72,000 |
**Why does MIA have immediate burning?**
* The max MIA minted per block is locked in the contract, if it gets hacked, this is still the maximum they can change it to.
* This allows us to control the daily emission of MIA that actually enters circulation.
* We can adjust in the future in case we need to (lower the burn rate to increase daily supply, increase the burn rate to lower the daily supply).
### Distribution Amount
Distributed to
Reward/block (% of emission)
Reward/block (total MIA)
Reward/day
Liquidity Farming Pools
1.3%
0.5
14,400
Staking Pools
4.54%
1.75
50,400
Mint Free (coming soon)
0.75%
0.25
7,200
Total Daily MIA Emission
72,000
While waiting for the Mint Free feature, the 0.25 MIA Reward/block will be used for Staking pools.
**Why only 4 MIA per block?**
* The amount of MIA doesn’t really matter for rewards(4 MIA at $10 each vs 10 MIA at $4 each). But it’s easier to pump a coin with a lower supply.
* With MIA at a higher price, it’s easier to attract more farmers and liquidity providers.
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