# {GODPROP #3} Acres Emissions

## ------------Specs---------------------

### Halvings

* n : the number of halvings that have occurred since the last successful proposal that modified the Halving Rate.
* X : the base number of days (as agreed on via proposal) after which the next halving will occur

Every **X^( 1 / (2^n) )** days the emission rate of ACRE is halved.

The rate cannot be halved more frequently than every day.

### Changing the Rate

At most **Y** days must pass before the Halving Rate can be modified by a new proposal.

At least one Halving must occur between every vote to change the Halving Rate.

Proposals on the same day as a Halving cannot change the Halving even if they close before the Halving is executed.

### Option 1 - Degen Democracy

{ X = 7 && Y = 10 }\
How it plays out:\
Because we will have just passed a proposal, n = 0.\
2^n = 1\
1 / 2^n = 1\
7^1 = 7 days from the passing of the proposal, the emission rate will cut in half. (75 -> 37.5 ACRE / block )\
Then, the next halving will occur in ( 7^( 1 / 2 ^ 1) \~ 2.65 \~ 3 days.\
Thus, two Halvings will occur and the emission rate will be 18.75 ACRE / block when the next proposal is passed.

### ~~Option 2 - Defi Summer~~

{ X = 30 && Y = 30 }\
How it plays out:\
After thirty days we execute a Halving and vote on the new halving rate.

### ~~Option 3 - Degens' Delight~~

{ X = 16 && Y = 365 }\
How it plays out:\
Well shit... you better get farming them ACREs now.

### ~~Option 4 - NO~~

No.
