# ๐BAI Tokenomics

The supply of $BAI is 21,000,000 and there is a halving cycle such that for every **10.5** million blocks, rewards per block halve. Currently, every **12** seconds (one blockstep), **1 single **BAI emits into the network. There will be 64 halving events, with the first occurring in 2027.

As there is a limited amount of $BAI (โ 21 million), the $BAI reward must **decrease over time** to prevent all tokens from being distributed too soon. This is the only way new tokens can be added to the network. The equation below shows the formula for the total number of tokens mined per halving with ๐ = the reward era. Summing from the 0th period to the 32nd period, we get our total number of BAI tokens ยป 21 million.

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