# Token Distribution

Overview

CEDO is distributed through a structured emission system over time.

The emission model is designed to:

* Incentivize early participation
* Gradually reduce token issuance
* Create long-term scarcity

***

Emission Structure

* Emissions occur every **14 days (bi-weekly epochs)**
* Each epoch distributes a portion of the total supply
* Emissions decrease over time

***

Emission Curve

The protocol uses a **linear decay model**:

* Higher emissions at the beginning
* Gradual reduction across each cycle
* Emissions approach zero over time

This ensures predictable and controlled supply distribution.

***

How Rewards Are Calculated

At each emission cycle:

1. All active staking positions are evaluated
2. Each user’s weight is calculated based on:
   * Amount staked
   * Lock duration
3. Total emissions for the cycle are distributed proportionally

Users with higher weight receive a larger share of rewards.

***

Key Drivers of Rewards

User rewards depend on:

* Amount of PCEDO locked
* Duration of lock
* Total participation in the system

***

Economic Impact

The emission system creates three phases:

Early Phase

* High emissions
* Strong incentives for early adopters

Growth Phase

* Moderate emissions
* Increasing competition for rewards

Maturity Phase

* Low emissions
* Scarcity-driven value


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