# Monetary Policy **Initial Supply**: DAO: 50,000, Presale: 40,000, Liquidity: 8,000, Airdrop + Incentives: 2,000 **Reward Rate**: 0.5%; this is the amount of total supply minted every rebase period as staking rewards. This value will change, likely downward **Rebase frequency**: 28800 seconds (8 hours) **Bond Control Variable (BCV)**: 300 initially, then changes (likely upward) according to market conditions; controls the pricing of bonds/minting (higher value = higher prices) **Deflation Control Variable (DCV)**: 300 initially, then changes (likely downward) according to market conditions; controls buyback pressure (higher value = more buying) **Vesting Term (seconds)**: 432000; bonded tokens are vested over 5 days **Fee (basis points)**: 10000; the minter and protocol receive equal numbers MINO **Max Payout (/1000):** 1000; the maximum payout as a proportion of the deemed value \* bond price (this means that approximately 1% of the current supply can be minted in a given bond transaction) * In the protocol's initial state, all other variable values are Wonderland defaults --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://minotaur-money.gitbook.io/minotaur.money/protocol/monetary-policy.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.