Economics
These parameters describe the testnet model and may change before mainnet. Testnet coins have no value.
Block rewards
Morana is mining-first: block rewards go to miners who find blocks, minus the consensus-level allocations below.
There is also a launch reserve, and it is not small. The chain allocates 525,000,000 MOR at genesis across six baskets: exchange, genesis, partners, infrastructure, regulatory and emergency. Do not read "mining-first" as "no pre-allocation": those coins exist before anyone mines. On mainnet the destination addresses are still placeholders pending an investor decision.
Where the launch reserve goes
| Purpose | MOR | Share of reserve |
|---|---|---|
| Exchanges, liquidity, listings | 157,500,000 | 30% |
| Development and ecosystem | 131,250,000 | 25% |
| Early investors and partners | 131,250,000 | 25% |
| Infrastructure, audit, security | 52,500,000 | 10% |
| Name pool (first users) | 26,250,000 | 5% |
| Force majeure and legal | 26,250,000 | 5% |
| Total | 525,000,000 | 100% |
The reserve is added to the mined supply, not taken out of it
This page said, until 2026-08-09, that the reserve was "5% of the 10,500,000,000 supply" and that "the other 95% is mined". Both halves put the reserve inside the 10.5 billion. The chain does the opposite — it pays the reserve at genesis and then mines the full schedule on top:
| MOR | |
|---|---|
| Mined by the halving schedule (2,500 MOR per block, halving every 2,100,000 blocks) | 10,499,997,499.7 |
| Launch reserve, paid at genesis | 525,000,000 |
| Total supply | 11,024,997,499.7 |
So the reserve is 5.00% of what is mined, and 4.76% of the total supply — and the total is 11,025,000,000, not 10,500,000,000. The old sentence understated the share of the chain that is allocated rather than earned, which is the one direction an error like this must never run.
The arithmetic is not ours to assert: MAX_MONEY in the node is 11,025,000,000 MOR, which is exactly the mined schedule plus the reserve.
Dev fund
The dev fund is consensus-level: a portion of each block reward is allocated by the protocol itself, not by any pool. This funds ongoing development transparently and predictably.
Pool fees
The reference pool charges a 1% fee. The pool operator pays the transaction fee for payouts out of the treasury, so miners receive clean payouts.
Launch reserves
Any launch reserves and the dev-fund destination will be established through an audited key ceremony before mainnet (multisig, documented parameters). Until then, treat all balances as disposable testnet values.
Governance
Economic parameters and proposals are discussed with the team through the channels on the contact page. Nothing here is a promise of future value.