What are the Emissions Podcast

Emissions

The total initial supply of $GOB is 37,000. Initially, all $GOB tokens are liquid, and no $veGOB is pre-allocated.

Emission Schedule

Weekly emissions begin at 1,000 $GOB (1% of the initial supply) and will follow a structured, three-phase rollout to balance early growth with long-term sustainability:

  1. Take-off Phase (Epochs 1–14): Emissions will increase by 3% per week during the first 14 epochs. This phase is designed to jumpstart protocol activity and accelerate onboarding of ecosystem partners and liquidity providers.
  2. Cruise Phase (Epoch 15 onward): After epoch 14, weekly emissions will decay by 1% per epoch, gradually reducing inflation as the protocol scales and matures.
  3. Goblin Fed Phase (Approx. Epoch 67+): Once emissions drop below 890 $GOB per epoch, governance over emission levels will be handed to $veGOB holders through the Goblin Fed system. Users will need to lock their liquid $GOB to obtain $veGOB to participate in governance. Each epoch, veGOB voters will choose one of the following actions:
    • Increase emissions by 0.01% of total initial supply (equivalent to 8.9 $GOB, ≈0.52% annually)
    • Decrease emissions by 0.01% of total initial supply (equivalent to 8.9 $GOB, ≈0.52% annually)
    • Maintain emissions at their current level

    Votes are decided by simple majority, and changes take effect one full epoch after a vote passes. Emission limits are capped at 1.00% of total initial supply per week (equivalent to 1,000 $GOB, 52% annualized) and floored at 0.01% of total initial supply per week (equivalent to 8.9 $GOB, 0.52% annualized).

Emission Rewards

Each epoch, $GOB emissions are allocated to liquidity pools in proportion to the $veGOB votes those pools receive. Liquidity providers (LPs) who stake their positions into gauges earn a share of $GOB emissions based on stake size and duration. To direct emissions and earn rewards, $GOB holders will need to lock their tokens to acquire $veGOB and vote.

Rewards accumulate continuously throughout the epoch and are available for claiming at any time.

Team Emissions

To ensure sustainable growth and continued development of the Goblins Cash ecosystem—including decentralization, tooling, documentation, and community initiatives—10% of weekly emissions are allocated to a team multisig wallet. This supports the team’s efforts in maintaining, upgrading, and promoting the protocol.