50 ICG a block
A block about every ten minutes. The reward halves every 210,000 blocks, about every four years. Supply stays under 21 million. Block 0 is never minted.
Launching on the Internet Computer
Cycle mining on the Internet Computer.
Miners burn cycles, and so ICP, for a chance at each block, in proportion to what they burn. ICG enters circulation only through mining: no presale and no investor allocation.
Mining starts
Date announced soon
Official identifiers
Any other ICG is not ours.
- ICG ledger
nuw4q-5iaaa-aaaad-qmhhq-cai- App
icgprotocol.com
The ledger ID identifies the token. It is not a deposit address: never send ICP or tokens to it.
Nothing can be deposited yet. Until the start the protocol is not running, and no one, the developer included, can mine.
How it works
Every block burns ICP
40% of each deposit becomes cycles, made by burning ICP, and the cycles are burned for mining. Your chance at a block is your share of the cycles burned in that round.
Stakers earn ICP
42% of every deposit is paid to ICG stakers, in ICP. Lock for 7 to 365 days for a multiplier of up to 2x.
Buyback and burn
15% goes to a locked reserve that builds ICG/ICP liquidity on ICPSwap, then buys and burns ICG. 3% keeps the canisters supplied with cycles.
Solo or pool
Run your own miner canister, or join the shared pool from 0.1 ICP. Wallets: Internet Identity, OISY and NFID Wallet.
A look at the app
Screenshots of the test deployment. Its figures are test data, not the launch.
