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

# Incentives & emissions

`veSLIZ` rewards people who lock more of their `SLIZ` tokens and use them to increase their voting power, collect bribes and swap fees from the most productive gauges. The more `SLIZ` tokens they lock, the greater their rewards will be. The exchange also rewards liquidity providers through emissions rewards. Pools with high rewards attract the most votes in general. Which attracts the liquidity providers creating a virtuous circle.

### Emission Schedule

Weekly emissions start at 15M `SLIZ` and decay at 3% per week (epoch).

The `SLIZ` supply does not have a maximum limit, but emissions are distributed in a system of decreasing inflation, resulting in a smaller amount of `SLIZ` tokens being minted over time.&#x20;

Also the percentage of the `SLIZ` supply that is locked in `veSLIZ`  determines the rate of emissions, so the higher the percentage of the supply that is locked, the fewer `SLIZ` tokens will be minted. Overall, this system helps to balance the circulating supply and the inflation on `SLIZ` over time.

{% hint style="info" %}
Weekly emissions are dependent upon the ratio of `veSLIZ` to total `SLIZ` circulating supply: ​

***Emissions \* (1 - veSLIZ.totalSupply / SLIZ.totalSupply)***\
\
The result is that the more SLIZ users lock in, the smaller the rewards distributed to Liquidity Providers, the greater the deceleration of emissions and the smaller the future total supply.\
\
Also the higher the % of `SLIZ` locked in relation to the supply, the lower the `SLIZ` circulation supply will be in the future.
{% endhint %}

<figure><img src="https://352033636-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FicglB8b7brRkdBIDvkvu%2Fuploads%2FTDGtVUp8zlutWQClBDws%2FSLIZ_emissions_0.png?alt=media&amp;token=94c6207f-5d00-40b0-b130-7c3ba7aa01d3" alt=""><figcaption><p>The % of locked SLIZ directly affects the emissions</p></figcaption></figure>
