> For the complete documentation index, see [llms.txt](https://docs.pinjamlabs.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pinjamlabs.com/pinjam-ecosystem-tokens/usdpinkav-kava/pinkav-reward-emissions.md).

# PINKAV Reward Emissions

## Reward Emissions and Bribes

* PINKAV will be rewarded to users who lend/borrow tokens in the protocol - emissions will take place over a period of 5 years
* PINKAV reward emissions will decrease over time
* For liquidity, Pinjam will be bribing Equilibre Finance on a weekly basis instead of giving tokens freely to liquidity providers.

## Emission Schedule

Based on discussions with the Geist Finance team, one of their regrets (and their suggestion to us) was to not have very high token emissions at the beginning — with that in mind, we have smoothened out the curve so that the first-month inflation will begin at 5.06% of total emission rewards vs. 8.33% at Geist Finance.

<figure><img src="/files/ATxnwo99btN6CF8kXVXN" alt=""><figcaption><p>PINKAV Reward Emissions</p></figcaption></figure>

<table><thead><tr><th width="200">Month</th><th>Token Released</th><th>Bribes</th></tr></thead><tbody><tr><td>1</td><td>1,518,931</td><td>304,110</td></tr><tr><td>2</td><td>1,446,050</td><td>286,087</td></tr><tr><td>3</td><td>1,376,666</td><td>269,131</td></tr><tr><td>4</td><td>1,310,611</td><td>253,181</td></tr><tr><td>5</td><td>1,247,726</td><td>238,176</td></tr><tr><td>6</td><td>1,187,858</td><td>224,060</td></tr><tr><td>7</td><td>1,130,862</td><td>210,781</td></tr><tr><td>8</td><td>1,076,602</td><td>198,289</td></tr><tr><td>9</td><td>1,024,944</td><td>186,537</td></tr><tr><td>10</td><td>975,766</td><td>175,481</td></tr><tr><td>11</td><td>928,947</td><td>165,081</td></tr><tr><td>12</td><td>884,374</td><td>155,298</td></tr><tr><td>13</td><td>841,941</td><td>146,094</td></tr><tr><td>14</td><td>801,543</td><td>137,435</td></tr><tr><td>15</td><td>763,083</td><td>129,290</td></tr><tr><td>16</td><td>726,469</td><td>121,627</td></tr><tr><td>17</td><td>691,612</td><td>114,419</td></tr><tr><td>18</td><td>658,427</td><td>107,638</td></tr><tr><td>19</td><td>626,835</td><td>101,259</td></tr><tr><td>20</td><td>596,758</td><td>95,257</td></tr><tr><td>21</td><td>568,125</td><td>89,612</td></tr><tr><td>22</td><td>540,865</td><td>84,301</td></tr><tr><td>23</td><td>514,914</td><td>79,305</td></tr><tr><td>24</td><td>490,207</td><td>74,605</td></tr><tr><td>25</td><td>466,686</td><td>70,183</td></tr><tr><td>26</td><td>444,294</td><td>66,024</td></tr><tr><td>27</td><td>422,976</td><td>62,111</td></tr><tr><td>28</td><td>402,681</td><td>58,430</td></tr><tr><td>29</td><td>383,359</td><td>54,967</td></tr><tr><td>30</td><td>364,965</td><td>51,709</td></tr><tr><td>31</td><td>347,453</td><td>48,644</td></tr><tr><td>32</td><td>330,782</td><td>45,761</td></tr><tr><td>33</td><td>314,911</td><td>43,049</td></tr><tr><td>34</td><td>299,801</td><td>40,498</td></tr><tr><td>35</td><td>285,416</td><td>38,098</td></tr><tr><td>36</td><td>271,721</td><td>35,840</td></tr><tr><td>37</td><td>258,683</td><td>33,716</td></tr><tr><td>38</td><td>246,271</td><td>31,718</td></tr><tr><td>39</td><td>234,455</td><td>29,838</td></tr><tr><td>40</td><td>223,205</td><td>28,069</td></tr><tr><td>41</td><td>212,495</td><td>26,406</td></tr><tr><td>42</td><td>202,300</td><td>24,841</td></tr><tr><td>43</td><td>192,593</td><td>23,369</td></tr><tr><td>44</td><td>183,352</td><td>21,984</td></tr><tr><td>45</td><td>174,554</td><td>20,681</td></tr><tr><td>46</td><td>166,179</td><td>19,455</td></tr><tr><td>47</td><td>158,205</td><td>18,302</td></tr><tr><td>48</td><td>150,614</td><td>17,217</td></tr><tr><td>49</td><td>143,388</td><td>16,197</td></tr><tr><td>50</td><td>136,508</td><td>15,237</td></tr><tr><td>51</td><td>129,958</td><td>14,334</td></tr><tr><td>52</td><td>123,722</td><td>13,484</td></tr><tr><td>53</td><td>117,786</td><td>12,685</td></tr><tr><td>54</td><td>112,134</td><td>11,933</td></tr><tr><td>55</td><td>106,754</td><td>11,226</td></tr><tr><td>56</td><td>101,632</td><td>10,561</td></tr><tr><td>57</td><td>96,755</td><td>9,935</td></tr><tr><td>58</td><td>92,113</td><td>9,346</td></tr><tr><td>59</td><td>87,693</td><td>8,792</td></tr><tr><td>60</td><td>83,485</td><td>8,271</td></tr></tbody></table>


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