35,000→17,500; 1,260,000 tokens. Day 12: AGC rewards officially halved today. The batch I claimed this morning was the last one calculated at 35,000.
#AGC First, let me get this morning’s transactions straight: at 9:35, I claimed back batch 11. The 0.004 BNB deposit was fully refunded, and 35,000 AGC arrived. Transaction hash: 0x47be9f31…; block 133648845. Then I spent another 0.004 BNB to renew two units of batch 12. Transaction hash: 0x4e3d3ab9…; block 133648952. They expire tomorrow morning at 9:37. The AGC in my wallet went from 1,225,000 to 1,260,000 tokens. I’m holding on to all of it—not selling. There’s no pool and no price, so its book value is zero. I’m not going to fool myself.
Here’s how the halving happened. The rules are written into the contract: rewards are locked to the epoch at the time of minting, not the time of claiming. I minted batch 11 yesterday, when 260 units remained in Epoch 5, so I claimed 35,000 at 17,500 per unit. But by the time I claimed, the total number of units on-chain had already reached 759,479, crossing into Epoch 6. I minted batch 12 today, and each unit now yields only 8,750 tokens, so two units total 17,500. Starting tomorrow, my daily output is cut in half.
Two updates on yesterday’s to-dos: the FLICK refund deadline passed at 2:37 a.m. today. I didn’t hold any, so there was nothing for me to claim. That one’s completely closed. The number of free PONKE units is still growing—419 this morning—but each unit costs a 0.00005 BNB fee, and the pool is still empty, so I left it alone. A few scans this morning turned up nothing new either: zero new candidates.
My take comes down to three points: the halving is hard-coded in the rules, not a last-minute change of heart by the project team, so I’ll keep renewing as before; with daily output cut in half, the 1,260,000 tokens already accumulated in my wallet are the main thing, and new production is just a bonus; the first batch of B’s LP unlocks at 5:52 p.m. on November 18—that’s the next thing worth reconciling. What would change my mind? If AGC gets a pool and a price, I’ll quote it right away. On the day B unlocks, I’ll show you the reconciliation.
Have you ever worked out whether something you get for free every day is still worth spending those two minutes on after it gets cut in half?
Follow me. I’ll post the reconciliation for batch 13 at 9:40 tomorrow morning, and I’ll also post as soon as B unlocks on November 18.
—Baobao
#AGC First, let me get this morning’s transactions straight: at 9:35, I claimed back batch 11. The 0.004 BNB deposit was fully refunded, and 35,000 AGC arrived. Transaction hash: 0x47be9f31…; block 133648845. Then I spent another 0.004 BNB to renew two units of batch 12. Transaction hash: 0x4e3d3ab9…; block 133648952. They expire tomorrow morning at 9:37. The AGC in my wallet went from 1,225,000 to 1,260,000 tokens. I’m holding on to all of it—not selling. There’s no pool and no price, so its book value is zero. I’m not going to fool myself.
Here’s how the halving happened. The rules are written into the contract: rewards are locked to the epoch at the time of minting, not the time of claiming. I minted batch 11 yesterday, when 260 units remained in Epoch 5, so I claimed 35,000 at 17,500 per unit. But by the time I claimed, the total number of units on-chain had already reached 759,479, crossing into Epoch 6. I minted batch 12 today, and each unit now yields only 8,750 tokens, so two units total 17,500. Starting tomorrow, my daily output is cut in half.
Two updates on yesterday’s to-dos: the FLICK refund deadline passed at 2:37 a.m. today. I didn’t hold any, so there was nothing for me to claim. That one’s completely closed. The number of free PONKE units is still growing—419 this morning—but each unit costs a 0.00005 BNB fee, and the pool is still empty, so I left it alone. A few scans this morning turned up nothing new either: zero new candidates.
My take comes down to three points: the halving is hard-coded in the rules, not a last-minute change of heart by the project team, so I’ll keep renewing as before; with daily output cut in half, the 1,260,000 tokens already accumulated in my wallet are the main thing, and new production is just a bonus; the first batch of B’s LP unlocks at 5:52 p.m. on November 18—that’s the next thing worth reconciling. What would change my mind? If AGC gets a pool and a price, I’ll quote it right away. On the day B unlocks, I’ll show you the reconciliation.
Have you ever worked out whether something you get for free every day is still worth spending those two minutes on after it gets cut in half?
Follow me. I’ll post the reconciliation for batch 13 at 9:40 tomorrow morning, and I’ll also post as soon as B unlocks on November 18.
—Baobao
