TIME Halving & Ratio

TIME waits for no one.

In the ANTTIME ecosystem, the absolute asset is TIME, which is of utmost importance. TIME points mined through the ANTTIME app can be converted into TIME coins at predetermined intervals. The process of converting TIME points to TIME coins involves two different ratios.

⌛ TIME Points	💎 TIME Coins
Assets obtained through mining activities.	Assets that can be transferred on the TIME Blockchain.

1. Every month, a certain amount of TIME coins is allocated for asset conversion.

※ Please refer to the table below for details on the asset conversion quantities.

✅ The allocated quantity is subject to a halving effect based on the remaining balance of TIME coins in the Ecosystem wallet.

📍 Between 10 Billion to 5 Billion → 416,666,000 TIME Coins will be released monthly (Total of 12 months)

📍 Between 5 Billion to 2.5 Billion → 208,333,000 TIME Coins will be released monthly (Total of 12 months)

📍 Between 2.5 Billion to 1.25 Billion → 104,166,000 TIME Coins will be released monthly (Total of 12 months)

📍 Between 1.25 Billion to 625 Million → 52,083,000 TIME Coins will be released monthly (Total of 12 months)

📍 Between 625 Million to 312.5 Million → 26,041,000 TIME Coins will be released monthly (Total of 12 months)

📍 Between 312.5 Million to 0 → 13,020,000 TIME Coins will be released monthly (Total of 24 months)

2. The final asset conversion is determined based on the ratio between the requested TIME Points for conversion and the TIME coins allocated within the specified period.

※ Please refer to the following example for the asset conversion ratio between TIME Points and TIME coins.

1️⃣ When the requested quantity of TIME Points for conversion is greater than the allocated quantity of TIME coins; If you have requested to convert 1 billion TIME Points but only 500 million TIME coins are allocated, you will receive 0.5 TIME coins per 1 TIME Point.

2️⃣ When the requested quantity of TIME Points for conversion is equal to the allocated quantity of TIME coins; If you have requested to convert 1 billion TIME Points and 1 billion TIME coins are allocated, you will receive 1 TIME coin per 1 TIME Point.

3️⃣ When the requested quantity of TIME Points for conversion is less than the allocated quantity of TIME coins; If you have requested to convert 500 million TIME Points and 1 billion TIME coins are allocated, you will receive 1 TIME coin per 1 TIME Point, and the remaining 500 million TIME coins will be carried over.

✅ Starting from the point when the balance within the Ecosystem reaches 0, the ANTTIME ecosystem will transition into a fully operational TIME Prover system.

3. If the number of TIME Points mined is less than the number of TIME Coins to be converted, the remaining balance after the 1:1 conversion will be allocated to the Reserve portion of the Ecosystem and will be under the control of the Foundation.

✅ These Reserves can be used for Listing, Marketing Budgets, Burn, Liquidity Provision, Incentives for Liquidity Providers, Community, Development Grants, Project Treasury Reserves and Incentives for Early Adopters & Supporters. (Based on TIME Governance Proposals)