Block Reward Schedule

A block reward schedule is the pre-programmed timeline that dictates how many tokens are awarded to miners or validators for successfully adding a new block to the blockchain. This schedule defines the initial issuance rate and the frequency at which that rate is halved or otherwise adjusted.

It acts as the heartbeat of the network's tokenomics, ensuring that all participants know exactly how many tokens will be released into circulation at any given point in time. Because this schedule is written into the protocol code, it is resistant to manipulation by central authorities.

Traders use this schedule to model future supply dynamics and estimate the potential impact on market liquidity. It is a critical component of the asset's fundamental value proposition.