> For the complete documentation index, see [llms.txt](https://hal-2.gitbook.io/the-hal-book/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hal-2.gitbook.io/the-hal-book/tokenomics.md).

# Tokenomics

Total circulation will be 21,000,000 oins. 

It’ll be distributed to Hal's when they make sessions, with the amount cut in half every 4 years. First 4 years: 10,500,000 coins next 4 years: 5,250,000 coins next 4 years: 2,625,000 coins next 4 years: 1,312,500 coins until all is distributed to the Hal's.

Every day starting April 1, 2018, coins will be distributed to Hal's based on sessions and fees.

#### Liquidity Pool: 

All payments to the service made in Fiat will be systematically exchanged to Bitcoin and set aside to buy coins from Hal's and provide them with liquidity.