> For the complete documentation index, see [llms.txt](https://fantasm-finance.gitbook.io/fantasm/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fantasm-finance.gitbook.io/fantasm/fantastic-avalanche/snowy/emission.md).

# Emission

The SNOWY distribution follows a fixed supply, decaying emission model.

![](https://712666880-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FgmYiy5cLPrJGFDMhlrog%2Fuploads%2Fhv6luzxWFoaxbVIgqVAr%2Fimage.png?alt=media\&token=fcf93428-7683-4c3c-af49-c427d0a55d9a)

This means that, as time passes, emission keeps decreasing according to a fixed schedule. The decay is stronger during the first 2 months. After 2 months, daily SNOWY emission already decreases to less than half of starting daily emission (value 49.6% in the table above). Then, from month 3 onwards, the decay amounts to 5% per month. This is a way of rewarding our early liquidity providers.

![SNOWY per day — decay effect!](https://712666880-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FgmYiy5cLPrJGFDMhlrog%2Fuploads%2FF7BjgIkPmkj0zJbVmofs%2Fimage.png?alt=media\&token=1397fcc7-e107-4f06-918e-7b307bff5a36)

![SNOWY per month](https://712666880-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FgmYiy5cLPrJGFDMhlrog%2Fuploads%2FXQhGypqox0B0WsgaCez8%2Fimage.png?alt=media\&token=272d1f1f-ff46-4540-b033-a7ac96ea6ae6)