> For the complete documentation index, see [llms.txt](https://taletecode.gitbook.io/talete-code-the-best-apy-fixed/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://taletecode.gitbook.io/talete-code-the-best-apy-fixed/longterm-interest-cycle-lic.md).

# Longterm Interest Cycle (LIC)

In order to maintain sustainability and future growth, we have introduced a Longterm Interest Cycle (LIC) component which will award $TALETE token holders with continued compound interest in perpetuity.

Each Interest Cycle is 10 minutes in length and is referred to as an **ERA**&#x20;

There are 52'560 ERA's in 1 year.

**ERA 1 - :** 0.025% every ERA **(First 12 Months)**

**ERA 2 - :** 0.00211% every ERA **(Next 6 months)**

**ERA 3 - :** 0.00014% every ERA **(Next 6 Years)**

**ERA 4 :**   0.00002% EVERY ERA **(In Perpetuity until max supply is reached)**
