> For the complete documentation index, see [llms.txt](https://docs.goose.farm/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.goose.farm/tokenomics/vegoose-liquidity-minting-and-rewards-mechanism.md).
# veGOOSE Liquidity Minting & Rewards Mechanism
### **Total Supply and Allocation**
The total supply of $GOOSE is 21B, of which 15% is allocated to Liquidity Incentives. Among these, $veGOOSE Liquidity Mining accounts for 30% of total Liquidity Incentives, with a dedicated reward pool of 945M $veGOOSE.
###
### **$veGOOSE Release Rules: Decaying Emission + Front-Loaded Rewards**
* Emissions halve every 12 months.
* In the first year, 50% (472.5M $veGOOSE) will be released.
* Early $veGOOSE liquidity miners enjoy a larger share of rewards.
### **$veGOOSE Liquidity Mining Reward Mechanism**
* **Diamond Egg Boost**: Each Diamond Egg NFT can grant up to 20,000 $veGOOSE a 5× power boost.
* **Outstanding Pending Rebase Pool**: When users choose Instant Convert, 25% of the $veGOOSE will flow into the Outstanding Pending Rebase Pool, which distributes rewards to all $veGOOSE liquidity miners every 30 days.
### **$veGOOSE Burn Mechanism**
* When users choose Instant Convert, 25% of the $veGOOSE and an equal amount of $GOOSE will be permanently burned.
###
### **How to Participate in $veGOOSE Liquidity Mining**
1. Visit the **Goose Garden - Stake** page:
2. Enter the amount of $veGOOSE you want to subscribe to and click the "**Subscribe**" button.
3. To redeem, click the “**Redeem**” button, enter the amount, and confirm.
{% hint style="info" %}
**Genesis $veGOOSE is not eligible for $veGOOSE Liquidity Mining.**
* If you hold any Genesis $veGOOSE, convert all of it into $GOOSE first.
* Then, convert your $GOOSE back into $veGOOSE to start Liquidity Mining.
Example*:* If you have 1,000 Genesis $veGOOSE, convert it into 1,000 $GOOSE, then reconvert that 1,000 $GOOSE into $veGOOSE to begin mining.
{% endhint %}
#### **Notes**
* Each Diamond Egg NFT can provide a 5× boost for up to 20,000 $veGOOSE.
* Subscribe and Redeem are instant and real-time.
* All $veGOOSE Liquidity Mining actions and $veGOOSE↔$GOOSE conversions occur on Cycle Network.
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