up

Notes

• 437.5M of the 500M genesis supply (Community Distribution, Ecosystem Fund, Foundation and Contributor Reserve) was locked as veUP at genesis. These sections are marked TBD as unlock depends on individual lock expiry.
• Emissions follow a fixed schedule with no max supply: a 15-epoch 3% ramp from 10M UP per 7-day epoch, a 1%-per-epoch decay, and a permanent tail of 0.67% of total supply per epoch, plus a 5% team share on top of each mint. There is no veUP rebase.
• The schedule is only a ceiling. Gauge emission caps burn any UP voted past a governance-set multiple of a pool's trading fees, and the excess is burned by the Voter at the following epoch flip. Gauge Emissions tracks only the UP the Voter actually releases to gauges, not the full Minter-to-Voter mint.