# MIP-15 ### Summary MIP-15 adjusted the burn-and-mint economics of HONEY so map consumption has a deflationary influence on token supply, allowing HONEY to accrue value as customers derive value from the map. ### Timeline * [x] [Proposal: Published](https://medium.com/hivemapper-foundation/map-improvement-proposal-15-mip-15-b31928b29632) (April 9, 2024) * [x] [Comment Period: Complete](https://discord.com/channels/715439007764316191/1227307967444029561) (April 16, 2024) * [x] [Outcome: Finalized](https://medium.com/hivemapper-foundation/map-improvement-proposal-15-mip-15-b31928b29632) (April 16, 2024) ### Detailed Changes MIP-15 adjusted the burn-and-mint economics of HONEY so map consumption has a deflationary influence on token supply, allowing HONEY to accrue value as customers derive value from the map. Prior to MIP-15, 100% of the HONEY burned when customers consumed map data was reissued to contributors as Consumption Rewards. Since the implementation of MIP-15, 75% of HONEY redeemed for map credits each week has been permanently burned and 25% has been reminted as Consumption Rewards, up to a limit of 500,000 HONEY per week. Any overage is permanently burned. An in-depth explanation of the interaction between map credits and HONEY, and how a customer purchase translates into HONEY burn, can be found [here](https://docs.hivemapper.com/honey-token/honey-burn-and-mint). --- # 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.hivemapper.com/welcome/network-governance/mip-15.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.