# Epochs and Updates Time is divided into epochs for several purposes: * Distribution and Claimability: Rewards in MGV are continuously calculated and accrue over time. Users will be able to claim their earned MGV tokens at the end of each epoch, and once the MGV token becomes transferable. * Rewards page: Earned MGV tokens are shown on the dApp's "[Rewards](/dapp-guide/rewards.md)" page. * Announcements: Any changes to incentive parameters—including the allocation to types of usage and the reward rates ρ—are announced at the start of a new epoch. * Core principles remain unchanged: While the [Mangrove’s DAO Council](/governance/councils.md) may adjust allocations and parameters during each epoch to respond to market conditions, the core principles of fairness, transparency, and rewarding genuine activity remain steadfast. The distribution will consist of 6 epochs lasting 2 weeks each. Here are the dates with the unix timestamps (in second) : Date: Tuesday, 11/19/2024, 12 GMT+1 - Timestamp: 1732014000 Date: Tuesday, 12/3/2024, 12 GMT+1 - Timestamp: 1733223600 Date: Tuesday, 12/17/2024, 12 GMT+1 - Timestamp: 1734433200 Date: Tuesday, 12/31/2024, 12 GMT+1 - Timestamp: 1735642800 Date: Tuesday, 1/14/2025, 12 GMT+1 - Timestamp: 1736852400 Date: Tuesday, 1/28/2025, 12 GMT+1 - Timestamp: 1738062000 Each epoch will have a budget of 1.6M MGV. --- # 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.mangrove.exchange/mgv-incentives/ms2-program-closed/epochs-and-updates.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.