> For the complete documentation index, see [llms.txt](https://solvency.gitbook.io/picoin/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://solvency.gitbook.io/picoin/tokenomics/picoin-currency.md).
# PICOIN Currency
PICOIN is the native digital asset of the Picoin protocol.
PICOIN is used for:
* mining rewards;
* validator rewards;
* audit incentives;
* scientific compute accounting;
* staking;
* governance participation;
* future marketplace access.
The protocol is designed around long-term infrastructure growth rather than speculative token issuance.
### Emission Model
Picoin uses a protocol-level reward allocation model.
Current distribution:
* 67% → miners;
* 20% → Science Compute Reserve;
* 10% → validators and auditors;
* 3% → Scientific Development Fund.
The protocol currently targets:
* deterministic issuance;
* predictable accounting;
* infrastructure sustainability.
The reward model separates:
* mining incentives;
* scientific compute funding;
* network security;
* long-term development.
**Emission Parameters**
```
Block Reward: 3.1416 PI
Block Time: 1 minute
Retroactive Audit Interval: every 314 blocks
Retroactive Audit Reward: 20% of base block reward
```
| Time Period | Total Blocks | Mining Rewards (PI) | Retroactive Audits | Audit Rewards (PI) | Total PI Issued |
|---|
| 1 Year | 525,600 | 1,651,848 | 1,673 | 1,052 | 1,652,900 |
| 10 Years | 5,256,000 | 16,518,489 | 16,738 | 10,515 | 16,529,004 |
| 20 Years | 10,512,000 | 33,036,979 | 33,477 | 21,030 | 33,058,009 |
| 40 Years | 21,024,000 | 66,073,958 | 66,955 | 42,060 | 66,116,018 |
### Scientific Development Fund
Picoin includes a Scientific Development Fund designed to support long-term ecosystem growth.
The fund receives:
* 3% of protocol issuance.
The treasury uses a timelocked release model.
Current configuration:
* 90-day unlock periods;
* treasury accounting;
* governance-ready architecture.
The fund is intended to support:
* protocol development;
* infrastructure;
* security audits;
* scientific grants;
* ecosystem tooling;
* future marketplace development.
The treasury is designed to evolve toward distributed governance and multisignature management.
### science Compute Reserve
The Science Compute Reserve is a protocol-level reserve dedicated to future scientific and AI computation.
The reserve currently receives:
* 20% of protocol issuance.
Current status:
* reserve locked;
* payouts disabled;
* accounting active.
The reserve accumulates protocol rewards while the distributed compute marketplace infrastructure is under development.
Future versions of the protocol may use the reserve to reward:
* distributed compute workers;
* AI inference providers;
* scientific compute contributors;
* GPU compute nodes.
The reserve currently operates as a preparation layer for future L2 compute infrastructure.
---
# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.
## 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, and the optional `goal` query parameter:
```
GET https://solvency.gitbook.io/picoin/tokenomics/picoin-currency.md?ask=&goal=
```
`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.
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.