> For the complete documentation index, see [llms.txt](https://docs.plenty.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.plenty.network/v2-docs/tokenomics/emissions.md).

# Emissions

A total of **400 million PLY (40% of supply)** will be distributed as liquidity incentives through [gauges](/v2-docs/plenty-v2-introduction/understanding-gauges.md) and locking incentives through anti-dilution inflation of lockers.

The gauge emission in the first year would be set at **1** **million PLY/week**, distributed across the gauges of all liquidity pools based on their weekly vote shares. **The emission rate would be** **dropped by a factor of** \~$$\sqrt{2}$$ **at yearly intervals.**

{% hint style="success" %}
In the first 3 weeks of launch, extra rewards would be distributed every week through the gauges to reward early adopters.
{% endhint %}

As described in our modified [ve(3,3) model](/faq/what-are-the-differences-between-the-ve-models-of-curve-and-plenty-v2.md#479b), the emissions would further be adjusted based on the locked PLY supply and accompanied by the inflation of lockers to protect from dilution.

## A Visual Peek

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Graphs were updated post-launch to reflect the real values in the smart contract.
{% endhint %}

* The cumulative emission through the gauges for different values of locked PLY supply:

<figure><img src="/files/sosSjSmW47YCsgCA0Lnw" alt=""><figcaption></figcaption></figure>

* The cumulative inflation of PLY lockers for different values of locked PLY:

<figure><img src="/files/CF1FaPrC6YB7HcbzY7WC" alt=""><figcaption></figcaption></figure>

* The combined cumulative increase in PLY supply through gauge emission and locker inflation:

<figure><img src="/files/cDnvE6ek8J5ohxHBh9Ln" alt=""><figcaption></figcaption></figure>