Incentive

The incentive may help encourage nodes to stay honest.

Satoshi Nakamoto

In Anemos, rewards are given to validators for collecting valid transactions and creating new blocks. These rewards incentivize validators to participate in consensus and maintain the security and integrity of the network.

Fair launch: minted emission, no premine

Anemos launches fair: there is no premine, no treasury balance, no foundation or team reward, and no supply cap. New coins are minted on every block by a deterministic emission schedule, so the protocol funds itself — and the stablecoin reserve — forever.

The block reward decays Kaspa-style — a smooth geometric “chromatic halving” in monthly steps — from an initial reward of 2 ANM/block toward a supply-indexed perpetual tail, rather than the sharp 4-year cliffs of Bitcoin halvings. The tail is not a fixed nominal constant: it tracks ≈2% of total supply per year (leading-digit “laddered” so it only steps at round numbers). This matters for the network’s survival and security: Anemos has an elastic supply, and a fixed tail would become a negligible share of a growing supply over decades — the validator security budget would collapse and the chain would become cheap to attack. Indexing the tail to supply keeps the security budget, the reserve funding, and holder-interest funding a meaningful share of supply forever — in year 1, year 50 and a century out alike. Because the reward is a pure function of block height (computed with integer-only, deterministic math), every node computes the same value. There is no halving cliff and no maximum supply — the supply-indexed tail is the deliberate, sustainable alternative.

The Treasury sentinel mints, it does not pay out

The reward transaction is the first transaction in each block — a dedicated Coinbase transaction (type 8), analogous to Bitcoin’s coinbase. It is minted with the Treasury sentinel address as its implicit (keyless) signer: recipients are credited with no sender debit, and the Treasury holds a zero balance. There is no premined pool being drawn down, and coinbase is the protocol’s only minting path — ordinary transactions, including batch transfers, always debit a real sender.

Reward split: proposer + reserve

Each block’s reward R(h) splits between:

• the block proposer — every validator is a pool run by an operator, so a pool proposer’s share further splits into the operator’s commission (paid immediately) and the remainder, minted into the pool’s slash-immune reward escrow for delegators to claim, and
• the native stablecoin reserve.

The reserve slice is health-dependent, routed by the collateral-ratio time-weighted average (ratio TWA): it builds the buffer at a base rate in the comfort band, tapers toward zero as the ratio weakens (so emission flows to validator security exactly when the chain is most attackable), and diverts surplus to senior stablecoin-holder interest only when the system is strongly overcollateralized (the junior Reserve Coin earns no cash yield — it gains by residual-equity appreciation). A hard validator-share floor (PhiMin, 75%) guarantees the proposer always keeps at least three-quarters of every block, preserving BFT liveness; the comfort-band reserve slice and the above-target diversion are each bounded at 25%, so the validator share never drops below 75%.

Per-block conservation — total ANM increases by exactly R(h), regardless of the transaction mix or delegation state — is proven in the whitepaper. Transaction fees are net-neutral: re-minted to the proposer, never destroyed or double-counted.