Supply limits and roundingLink to this section

TL;DRLink to this section

The supply cap limits new SQK, not your ability to claim rewards that are already funded.
Claims round down to SQK's smallest transferable fraction, not to a whole SQK; smaller unpaid fractions are kept.
Sending SQK directly to the mining contract doesn't increase rewards or create more minting capacity.

What happens when supply reaches the cap?Link to this section

The lifetime cap is the maximum SQK that can be created. The portion not yet issued isn't a balance anyone can spend, and owning a Miner doesn't give you a claim on that unused capacity. Rewards must first be calculated and funded from eligible work.

When the cap is reached, new issuance stops, but SQK already set aside for owners remains claimable. Claims and ordinary transfers only move existing SQK. Merging burns an NFT, not SQK, so it doesn't make room under the token supply cap either.

Why can a claim leave a tiny amount behind?Link to this section

SQK supports 18 decimal places. Reward calculations can track fractions smaller than its smallest transferable unit, so a claim may not be able to pay every fraction yet. It pays the transferable amount and keeps the rest with the selected Miner rather than discarding it.

When you claim for several Miners together, their unclaimed rewards are added before the payment is rounded down. Their fractions can combine into a transferable amount that separate claims wouldn't pay yet. Any remaining fraction stays on the lowest selected token ID and follows that NFT if you transfer it.

A claim can therefore succeed while paying zero SQK if the total is too small to transfer. You still pay a network fee, so a successful transaction isn't necessarily a useful payout. There's no requirement to wait until you have a whole SQK, but you should compare the ready amount with the transaction cost.

Do transfers or merges lose those fractions?Link to this section

No. Transferring a Miner passes its unclaimed rewards, including tiny fractions, to the new owner. A merge combines both Miners' full unclaimed rewards on the survivor without rounding them down. Only a claim needs to fit a payment into transferable SQK units.

There are also tiny leftovers from dividing the shared pool among all active power. The system carries these through calculations while total power stays unchanged and protects prior leftovers when that power changes. They aren't treasury funds and can't be withdrawn or reassigned as new rewards.

Where does funded SQK stay?Link to this section

Every SQK created as a reward is either still held by Mining or has been paid to an owner through a claim. The contract must hold enough to cover unpaid rewards and protected rounding leftovers. Once SQK has been paid, its owner can transfer it normally.

Sending SQK directly to that contract can raise its balance, but doesn't add it to reward funding or increase anyone's claim. It also doesn't reduce supply or restore minting capacity. The exact accounting reference explains the units, residuals, balance checks, and numerical examples behind these rules.

Records verified work and tracks settled rounds and Squeek blocks on Ethereum. Calculates rewards from settled work, holds funded SQK, and pays eligible NFT owners. The Miner ERC-721 contract. Tracks NFT ownership and coordinates minting and merges with Mining. Applies Core or Mining upgrades authorized by its governing Timelock. Generates Miner NFT artwork from fixed onchain visual data. Queues governance operations and enforces a delay before they can be executed. The SQK ERC-20 contract. Enforces the lifetime supply cap; only Mining can mint SQK. Checks that visual data conforms to the required DotGrid format. When new mining power starts earning. Minting and merging schedule it for a later round, and a checkpoint must process the change. A reward update that processes settled work and scheduled mining-power changes. It can make rewards available but doesn't pay them to an owner's wallet. The Miner NFT permanently burned in a merge. Its unclaimed rewards move to the survivor, but its image is not combined or kept. SQK issued under the mining reward rules. You can direct a share of your Miner's rewards to fund SqueekFi projects. The physical mining device that records accepted wheel-magnet passages as work. It is separate from the virtual Miner NFTs. Squeekchain's record of accepted wheel-magnet passages. It doesn't prove animal identity and isn't how Ethereum reaches consensus. Combining two eligible same-level Miners you own into one higher-level Miner. One NFT is permanently burned; the survivor keeps both Miners' unclaimed rewards. The completed Squeek blocks a Miner must wait through before merging. It measures completed work, not elapsed time or Ethereum blocks; transfers don't reset it. The power used to calculate a Miner's share of rewards when eligible and active. A larger share of total power can mean a larger share of rewards. A ten-minute period used to group measured work. The device saves a completed round's work total when measurement remained uninterrupted. The transferable token used for mining rewards. It has a lifetime supply cap and is separate from the Miner NFT and the device's work count. A completed amount of settled work. Enough recorded work completes one Squeek block; it is not an Ethereum block. Squeek Miner NFTs earn SQK linked to recorded wheel activity. Owners can direct a share of those rewards to fund SqueekFi projects. Squeekchain's ecosystem for hamster-powered onchain finance. Miner owners can choose to fund projects with a share of their SQK rewards. The Miner NFT you keep in a merge. It gains a level, keeps its ID and image, and receives both Miners' unclaimed rewards. A Miner's recorded reward balance that hasn't been paid to a wallet. It stays with the NFT when ownership changes. One wheel-magnet passage that met the device's counting rules and was saved. It records work, not an amount of SQK.