# Clay Issuance Schedule

### Allocation Breakdown

100m Clay will be issued in total via Sumero's liquidity mining programmes. 

#### Clay will be distributed as follows:

* 48m Clay distributed by liquidity mining. Liquidity mining rewards will be mined over 6 months with rewards halving every 2 months.
* 2m Clay will be distributed to Clay airdrop participants, the Sumero team & advisors.
* A theoretical maximum of 50m Clay will be issued via the 2-Year zClay Bond Pool. 

| Recipient                          | Allocation |
| ---------------------------------- | ---------- |
| Liquidity Miners                   | 48m        |
| zClay Bond Holders                 | 4m         |
| Sumero Team & Airdrop Participants | 20m        |
| **Total**                          | **77m**    |