# RDDL on Liquid ## Token Lifecycle **Issuance**: Initially, 998.69 RDDL were issued on Liquid. **Reissuance**: Planetmint consensus triggers a reissuance of RDDL tokens every 2 minutes after the **Proof of Productivity**. The reissuance is defined as follows: * First 4 Years: 998.69 tokens every 2 minutes * Second 4 Years: 499.34 tokens every 2 minutes * Third 4 Years: 249.67 tokens every 2 minutes * Fourth 4 Years: 124.83 tokens every 2 minutes * Fifth 4 Years: 62.42 tokens every 2 minutes **Distribution**: Issued and reissued tokens are distributed to * Strategic investors: 2% * Foundation: 19% * Investors: 10% * Community/DAO 61% * PoP/machine-challenge: 8% **Reconciliation**: Reissuance and distribution are triggered every 24 hours to reduce Liquid's economic footprint/costs. ## Liquid Wallets RDDL Network-operated Liquid wallets are protected and only accessible via a **2-out-of-3** or **3-out-of-5** quorum. All wallets are only opened and accessed to transfer funds. ### Re/Issuance wallet A quorum protects the wallet issuing and reissuing of the RDDL tokens. The wallet is only opened and accessed during the reissuance and distribution phase. ### PoP escrow All PoP rewards are distributed to the PoP escrow account managed by the validators. Machines and operators can claim their PoP rewards by issuing a PopClaim message on the Planetmint network. Rewards will then be distributed to the specified address on Liquid. ### DAO escrow The DAO escrow converts 10% of all incoming reissued tokens into PLMNTs and distributes them evenly to the validators to support their operations. ### RDDL2PLMNT escrow The RDDL2PLMNT service maintains the escrow mints **planets** (PLMNT tokens) for the incoming amount of RDDL tokens. The initial conversion rate is equal to **1 PLMNT = 0.04 RDDL.** --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.rddl.io/rddl-network/basics/tokens/rddl-on-liquid.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.