diff --git a/src/main/java/org/qortal/block/Block.java b/src/main/java/org/qortal/block/Block.java
index ddfe247a..bbc6e31b 100644
--- a/src/main/java/org/qortal/block/Block.java
+++ b/src/main/java/org/qortal/block/Block.java
@@ -1914,7 +1914,7 @@ public class Block {
 		// Fetch list of legacy QORA holders who haven't reached their cap of QORT reward.
 		List<EligibleQoraHolderData> qoraHolders = this.repository.getAccountRepository().getEligibleLegacyQoraHolders(isProcessingNotOrphaning ? null : this.blockData.getHeight());
 		final boolean haveQoraHolders = !qoraHolders.isEmpty();
-		final long qoraHoldersShare = BlockChain.getInstance().getQoraHoldersShare();
+		final long qoraHoldersShare = BlockChain.getInstance().getQoraHoldersShareAtHeight(this.blockData.getHeight());
 
 		// Perform account-level-based reward scaling if appropriate
 		if (!haveFounders) {
diff --git a/src/main/java/org/qortal/block/BlockChain.java b/src/main/java/org/qortal/block/BlockChain.java
index 1dbc9a23..239ebaa2 100644
--- a/src/main/java/org/qortal/block/BlockChain.java
+++ b/src/main/java/org/qortal/block/BlockChain.java
@@ -113,9 +113,13 @@ public class BlockChain {
 	/** Generated lookup of share-bin by account level */
 	private AccountLevelShareBin[] shareBinsByLevel;
 
-	/** Share of block reward/fees to legacy QORA coin holders */
-	@XmlJavaTypeAdapter(value = org.qortal.api.AmountTypeAdapter.class)
-	private Long qoraHoldersShare;
+	/** Share of block reward/fees to legacy QORA coin holders, by block height */
+	public static class ShareByHeight {
+		public int height;
+		@XmlJavaTypeAdapter(value = org.qortal.api.AmountTypeAdapter.class)
+		public long share;
+	}
+	private List<ShareByHeight> qoraHoldersShareByHeight;
 
 	/** How many legacy QORA per 1 QORT of block reward. */
 	@XmlJavaTypeAdapter(value = org.qortal.api.AmountTypeAdapter.class)
@@ -354,10 +358,6 @@ public class BlockChain {
 		return this.cumulativeBlocksByLevel;
 	}
 
-	public long getQoraHoldersShare() {
-		return this.qoraHoldersShare;
-	}
-
 	public long getQoraPerQortReward() {
 		return this.qoraPerQortReward;
 	}
@@ -468,6 +468,15 @@ public class BlockChain {
 		return 0;
 	}
 
+	public long getQoraHoldersShareAtHeight(int ourHeight) {
+		// Scan through for QORA share at our height
+		for (int i = qoraHoldersShareByHeight.size() - 1; i >= 0; --i)
+			if (qoraHoldersShareByHeight.get(i).height <= ourHeight)
+				return qoraHoldersShareByHeight.get(i).share;
+
+		return 0;
+	}
+
 	/** Validate blockchain config read from JSON */
 	private void validateConfig() {
 		if (this.genesisInfo == null)
@@ -479,8 +488,8 @@ public class BlockChain {
 		if (this.sharesByLevel == null)
 			Settings.throwValidationError("No \"sharesByLevel\" entry found in blockchain config");
 
-		if (this.qoraHoldersShare == null)
-			Settings.throwValidationError("No \"qoraHoldersShare\" entry found in blockchain config");
+		if (this.qoraHoldersShareByHeight == null)
+			Settings.throwValidationError("No \"qoraHoldersShareByHeight\" entry found in blockchain config");
 
 		if (this.qoraPerQortReward == null)
 			Settings.throwValidationError("No \"qoraPerQortReward\" entry found in blockchain config");
@@ -518,7 +527,7 @@ public class BlockChain {
 				Settings.throwValidationError(String.format("Missing feature trigger \"%s\" in blockchain config", featureTrigger.name()));
 
 		// Check block reward share bounds
-		long totalShare = this.qoraHoldersShare;
+		long totalShare = this.getQoraHoldersShareAtHeight(1);
 		// Add share percents for account-level-based rewards
 		for (AccountLevelShareBin accountLevelShareBin : this.sharesByLevel)
 			totalShare += accountLevelShareBin.share;
@@ -556,6 +565,7 @@ public class BlockChain {
 		this.blocksNeededByLevel = Collections.unmodifiableList(this.blocksNeededByLevel);
 		this.cumulativeBlocksByLevel = Collections.unmodifiableList(this.cumulativeBlocksByLevel);
 		this.blockTimingsByHeight = Collections.unmodifiableList(this.blockTimingsByHeight);
+		this.qoraHoldersShareByHeight = Collections.unmodifiableList(this.qoraHoldersShareByHeight);
 	}
 
 	/**
diff --git a/src/main/resources/blockchain.json b/src/main/resources/blockchain.json
index b65fd72e..9f9d3a2b 100644
--- a/src/main/resources/blockchain.json
+++ b/src/main/resources/blockchain.json
@@ -45,7 +45,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 9999999, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 7200, 64800, 129600, 172800, 244000, 345600, 518400, 691200, 864000, 1036800 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/java/org/qortal/test/minting/RewardTests.java b/src/test/java/org/qortal/test/minting/RewardTests.java
index f7970ace..658f285f 100644
--- a/src/test/java/org/qortal/test/minting/RewardTests.java
+++ b/src/test/java/org/qortal/test/minting/RewardTests.java
@@ -4,6 +4,7 @@ import static org.junit.Assert.*;
 
 import java.math.BigInteger;
 import java.util.ArrayList;
+import java.util.HashMap;
 import java.util.List;
 import java.util.Map;
 
@@ -14,6 +15,7 @@ import org.junit.Before;
 import org.junit.Test;
 import org.qortal.account.PrivateKeyAccount;
 import org.qortal.asset.Asset;
+import org.qortal.block.Block;
 import org.qortal.block.BlockChain;
 import org.qortal.block.BlockChain.RewardByHeight;
 import org.qortal.controller.BlockMinter;
@@ -109,7 +111,7 @@ public class RewardTests extends Common {
 	public void testLegacyQoraReward() throws DataException {
 		Common.useSettings("test-settings-v2-qora-holder-extremes.json");
 
-		long qoraHoldersShare = BlockChain.getInstance().getQoraHoldersShare();
+		long qoraHoldersShare = BlockChain.getInstance().getQoraHoldersShareAtHeight(1);
 		BigInteger qoraHoldersShareBI = BigInteger.valueOf(qoraHoldersShare);
 
 		long qoraPerQort = BlockChain.getInstance().getQoraPerQortReward();
@@ -190,6 +192,47 @@ public class RewardTests extends Common {
 		}
 	}
 
+	@Test
+	public void testLegacyQoraRewardReduction() throws DataException {
+		Common.useSettings("test-settings-v2-qora-holder-extremes.json");
+
+		// Make sure that the QORA share reduces between blocks 4 and 5
+		assertTrue(BlockChain.getInstance().getQoraHoldersShareAtHeight(5) < BlockChain.getInstance().getQoraHoldersShareAtHeight(4));
+
+		// Keep track of balance deltas at each height
+		Map<Integer, Long> chloeQortBalanceDeltaAtEachHeight = new HashMap<>();
+
+		try (final Repository repository = RepositoryManager.getRepository()) {
+			Map<String, Map<Long, Long>> initialBalances = AccountUtils.getBalances(repository, Asset.QORT, Asset.LEGACY_QORA, Asset.QORT_FROM_QORA);
+			long chloeLastQortBalance = initialBalances.get("chloe").get(Asset.QORT);
+
+			for (int i=2; i<=10; i++) {
+
+				Block block = BlockUtils.mintBlock(repository);
+
+				// Add to map of balance deltas at each height
+				long chloeNewQortBalance = AccountUtils.getBalance(repository, "chloe", Asset.QORT);
+				chloeQortBalanceDeltaAtEachHeight.put(block.getBlockData().getHeight(), chloeNewQortBalance - chloeLastQortBalance);
+				chloeLastQortBalance = chloeNewQortBalance;
+			}
+
+			// Ensure blocks 2-4 paid out the same rewards to Chloe
+			assertEquals(chloeQortBalanceDeltaAtEachHeight.get(2), chloeQortBalanceDeltaAtEachHeight.get(4));
+
+			// Ensure block 5 paid a lower reward
+			assertTrue(chloeQortBalanceDeltaAtEachHeight.get(5) < chloeQortBalanceDeltaAtEachHeight.get(4));
+
+			// Check that the reward was 20x lower
+			assertTrue(chloeQortBalanceDeltaAtEachHeight.get(5) == chloeQortBalanceDeltaAtEachHeight.get(4) / 20);
+
+			// Orphan to block 4 and ensure that Chloe's balance hasn't been incorrectly affected by the reward reduction
+			BlockUtils.orphanToBlock(repository, 4);
+			long expectedChloeQortBalance = initialBalances.get("chloe").get(Asset.QORT) + chloeQortBalanceDeltaAtEachHeight.get(2) +
+					chloeQortBalanceDeltaAtEachHeight.get(3) + chloeQortBalanceDeltaAtEachHeight.get(4);
+			assertEquals(expectedChloeQortBalance, AccountUtils.getBalance(repository, "chloe", Asset.QORT));
+		}
+	}
+
 	/** Use Alice-Chloe reward-share to bump Chloe from level 0 to level 1, then check orphaning works as expected. */
 	@Test
 	public void testLevel1() throws DataException {
@@ -295,7 +338,7 @@ public class RewardTests extends Common {
 			 * So Dilbert should receive 100% - legacy QORA holder's share.
 			 */
 
-			final long qoraHoldersShare = BlockChain.getInstance().getQoraHoldersShare();
+			final long qoraHoldersShare = BlockChain.getInstance().getQoraHoldersShareAtHeight(1);
 			final long remainingShare = 1_00000000 - qoraHoldersShare;
 
 			long dilbertExpectedBalance = initialBalances.get("dilbert").get(Asset.QORT);
diff --git a/src/test/resources/test-chain-v2-block-timestamps.json b/src/test/resources/test-chain-v2-block-timestamps.json
index 38a18a8c..782f6152 100644
--- a/src/test/resources/test-chain-v2-block-timestamps.json
+++ b/src/test/resources/test-chain-v2-block-timestamps.json
@@ -26,7 +26,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 1000000, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/resources/test-chain-v2-disable-reference.json b/src/test/resources/test-chain-v2-disable-reference.json
index 648e91b5..633d8aa4 100644
--- a/src/test/resources/test-chain-v2-disable-reference.json
+++ b/src/test/resources/test-chain-v2-disable-reference.json
@@ -30,7 +30,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 1000000, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/resources/test-chain-v2-founder-rewards.json b/src/test/resources/test-chain-v2-founder-rewards.json
index 540d7efd..f4d39517 100644
--- a/src/test/resources/test-chain-v2-founder-rewards.json
+++ b/src/test/resources/test-chain-v2-founder-rewards.json
@@ -30,7 +30,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 1000000, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/resources/test-chain-v2-leftover-reward.json b/src/test/resources/test-chain-v2-leftover-reward.json
index ffd81379..e2578260 100644
--- a/src/test/resources/test-chain-v2-leftover-reward.json
+++ b/src/test/resources/test-chain-v2-leftover-reward.json
@@ -30,7 +30,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 1000000, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/resources/test-chain-v2-minting.json b/src/test/resources/test-chain-v2-minting.json
index 8d66e072..d1ea3992 100644
--- a/src/test/resources/test-chain-v2-minting.json
+++ b/src/test/resources/test-chain-v2-minting.json
@@ -30,7 +30,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 1000000, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/resources/test-chain-v2-qora-holder-extremes.json b/src/test/resources/test-chain-v2-qora-holder-extremes.json
index 9e8ff2a8..da6f25d9 100644
--- a/src/test/resources/test-chain-v2-qora-holder-extremes.json
+++ b/src/test/resources/test-chain-v2-qora-holder-extremes.json
@@ -30,7 +30,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 5, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/resources/test-chain-v2-qora-holder.json b/src/test/resources/test-chain-v2-qora-holder.json
index 0dac2457..9d4f1777 100644
--- a/src/test/resources/test-chain-v2-qora-holder.json
+++ b/src/test/resources/test-chain-v2-qora-holder.json
@@ -30,7 +30,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 1000000, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/resources/test-chain-v2-reward-levels.json b/src/test/resources/test-chain-v2-reward-levels.json
index 90d201a3..949ae5c0 100644
--- a/src/test/resources/test-chain-v2-reward-levels.json
+++ b/src/test/resources/test-chain-v2-reward-levels.json
@@ -30,7 +30,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 1000000, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/resources/test-chain-v2-reward-scaling.json b/src/test/resources/test-chain-v2-reward-scaling.json
index 6b2cbc0c..2a7d830b 100644
--- a/src/test/resources/test-chain-v2-reward-scaling.json
+++ b/src/test/resources/test-chain-v2-reward-scaling.json
@@ -30,7 +30,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 1000000, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/resources/test-chain-v2-reward-shares.json b/src/test/resources/test-chain-v2-reward-shares.json
index 9e713095..4b800c83 100644
--- a/src/test/resources/test-chain-v2-reward-shares.json
+++ b/src/test/resources/test-chain-v2-reward-shares.json
@@ -30,7 +30,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 1000000, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [
diff --git a/src/test/resources/test-chain-v2.json b/src/test/resources/test-chain-v2.json
index c08dac04..832be222 100644
--- a/src/test/resources/test-chain-v2.json
+++ b/src/test/resources/test-chain-v2.json
@@ -30,7 +30,10 @@
 		{ "levels": [ 7, 8 ], "share": 0.20 },
 		{ "levels": [ 9, 10 ], "share": 0.25 }
 	],
-	"qoraHoldersShare": 0.20,
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 1000000, "share": 0.01 }
+	],
 	"qoraPerQortReward": 250,
 	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
 	"blockTimingsByHeight": [