# Emission Schedule SWPx token emissions occur weekly, with a maximum predictable supply, though they can be allocated flexibly across various destinations. > ***What are Emissions?*** > > *In a DEX, emissions refer to the **distribution of tokens as rewards for providing liquidity.*** The initial total supply is 40M SWPx, with an initial emission of 2M SWPx. \ \ Emissions will decay at a rate of 1% per epoch for the first four weeks, increasing to 2.5% starting from the fifth epoch, leading to a gradual reduction in weekly SWPx emissions over time. > ***What is Decay?*** > > ***“Decay”** refers to the mechanism designed to reduce the weekly emissions of SWPx progressively.* ## Weekly Emissions Specifications * **Liquidity Providers**: 92% to 62% over time * **Rebase**: Starts at 10%, increasing by 1% weekly until reaching 30% * **Referral** **System**: 0% to 5% * **Treasury Allocation**: 3% > **Rebase** > > Rebase protects voting power holders from the dilution of their shares, allowing them to claim ***up to 30%*** of the new emissions each week to maintain their proportional influence within the system.

Percentages are interpolated linearly based on predefined targets, offering a clear overview of trends for illustrative purposes

## Weekly Emissions The SWPx token does not have a fixed total max supply.\ \ Emissions start at 2M tokens per week, decreasing by 1% each week for the first four epochs, then shifting to a 2.5% weekly decrease from the fifth epoch to the seventeenth. Starting from epoch 18, the decay drops to 0.5% per week.\ \ Emission Sheet:
{% hint style="info" %} The decay rate is adjustable through SwapX governance, allowing emissions to be increased or reduced based on market conditions. \ This dynamic approach helps maintain a healthy range for the SWPx token, preventing both over- and under-emission. {% endhint %}
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