# Tokenomics *$RUNE is created with a starting supply of zero. There Is no initial distribution.* ## **Max Supply** The maximum supply is **55,500,000 $RUNE**\ \ **There will be 3 halving periods. Each halving will reduce $RUNE staking rewards by 50%.** \ \ First Halving 50% of total supply mined - (27,750,000)\ Second Halving 75% of total supply mined (41, 625, 000) \ Third Halving 87.5% of total supply mined (48,562,000) ## **Staking Rates** ### **Mallards:** Each Mallard NFT you stake will be able to mine **5 $RUNE per day.** You must stake your Mallard NFT to a Smart Contract and thus will no longer hold it in your wallet. You can un-stake at any point but will stop earning rewards if you do so. You are able to claim your $RUNE at any point, including daily. ### Invitation Letters: Each Invitation Letter you stake will be able to mine **25 $RUNE per day.** You must stake your Invitation Letter NFT to a Smart Contract and thus will no longer hold it in your wallet. You can un-stake at any point but will stop earning rewards if you do so. You are able to claim your $RUNE at any point, including daily. ### Relics: Each Relic you stake will be able to mine **1.5 $RUNE per day** ### Traits Bonus : Staking a Mallard with special traits will mine bonus $RUNE when staking. **See the chart below to for each Traits bonus.** Staking multiple Invitation Letters will mine bonus $RUNE when staking. (not yet implemented) Staking Mallards with complete Schools of Thought will multiply your overall daily $RUNE rewards. -This bonus has a maximum multiplier achieved by having 5 completed Schools of Thought. (this feature has not been implemented yet)\ \ See here - --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.mallardorder.io/tokenomics.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.