4.1 Mining and Token Issuance on PEM

POW+S aims to provide sufficient rewards for initial node operation to establish a stable node infrastructure. Before the halving, a fixed amount of coins is mined through the Set-Mining method, ensuring that node operators hold the majority of the coins to prevent price decline. After the halving, a reward weighting based on the amount staked is applied to encourage node operators to hold their coins.

The PEM Foundation will initially issue 100,000,000 PEM tokens before the mainnet launch. These tokens will be distributed as PEM coins to early miners who participated during the pre-mining period through migration after the mainnet launch. This serves as a reward for the contributions of the early miners, recognizing and motivating their participation and efforts.

Additionally, a portion of the pre-issued PEM tokens can be used to support the establishment and development of the POW+S ecosystem. They will be utilized as funds for the growth and expansion of the mainnet in the form of marketing, partnerships, and development support. Furthermore, by granting PEM token holders the right to participate in governance and decision-making processes, they can influence significant decisions such as the mainnet launch.

The details of the halving for the POW+S mainnet are as follows.

POW+S aims to provide sufficient rewards for initial node operation to establish a stable node infrastructure. Before the halving, a fixed amount of coins is mined through the Set-Mining method, ensuring that node operators hold the majority of the coins to prevent price decline. After the halving, a reward weighting based on the amount staked is applied to encourage node operators to hold their coins.

The details of the halving for the POW+S mainnet are as follows.

Halving	Monthly Mined Supply (PEM)	Total Mined Supply (PEM)
Before Mainnet Launch (Pre-Issuance)	-	100,000,000
After Mainnet Launch / Before Halving	7,500,000	450,000,000
After the First Halving	3,750,000	225,000,000
After the Second Halving	1,875,000	112,500,000
After the Third Halving	937,500	56,250,000
After the Fourth Halving	468,750	28,125,000
After the Fifth Halving	234,375	14,062,500
After the Sixth Halving	117,187.50	7,031,250
After the Seventh Halving	58,593.75	3,515,625
After the Eighth Halving	29,296.88	1,757,813
After the Ninth Halving	14,648.44	878,906
After the Tenth Halving	7,324.22	439,453
After the Eleventh Halving	3,662.11	219,727

• Total Mining Volume (Cumulative Maximum): 1,000,000,000 PEM

• Pre-issuance: 100,000,000 PEM (before mainnet launch)

• After the mainnet launch, halving will be applied every 5 years, reducing the mining volume by half.

The table below shows the changes in mining volume according to the halving cycles of the POW+S mainnet. Starting with the pre-issued 100,000,000 PEM before the mainnet launch, halving will be applied every 5 years following the mainnet launch. With each halving cycle, the mining volume will decrease by 50% compared to the previous cycle. This approach aims to control the inflation of PEM coins and promote the long-term stability of PEM's value.

[PEM Coin Mining Rewards and Halving Schedule]