> For the complete documentation index, see [llms.txt](https://scholarznft.gitbook.io/scholarz-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://scholarznft.gitbook.io/scholarz-whitepaper/scholarz-project/the-ecosystem/3.-experience-utility-token-usdexp/3.1-old-tokenomics.md).

# 3.1 Old Tokenomics

Only applicable until all Genesis Scholarz minted out

**Pre-mint:** None\
**Smart contract:** None\
**Liquidity:** None\
**Daily maximum emission:** 250,000 fixed distributed across total Scholarz\
\
**Regular Emission method:**\
1\. Homework - Attendance --> 100,000 / day (lesser with no-shows)\
2\. Homework - Trivia --> 150,000 / day (lesser with wrong trivia answers)\
\
**Irregular Emission method:**\
1\. Homework - Submit Trivia --> 100 / submitted trivia (lesser with unapproved trivia); occasional, only 4 times held so far\
2\. Weekly events in discord --> up to 50,000 distributed across several activities\
3\. Scholarz stacking bonus --> up to 12.5% reward boost from having more Scholarz

**Burn Method:**\
1\. Minting Scholarz Genesis --> 6,000 / mint\
2\. External project whitelist auction --> up to 10,000 / auction

Our non-ERC20 $EXP was launched on 13th December 2021 and with existing tokenomics, our supply currently stands at 2,375,785 tokens or net emission of 39,596/day for 60 schooldays (Mon-Fri).