That's the halflife of each bond between nucleotides. After one tenth of a half life you're left with strands of average length ~20 nucleotides. After a full half life they are of length ~2, i.e., mostly just scattered GCs, ATs, etc. After several half-lives, it's almostly completely single nucleotides, and the chance that there are any surviving strands longer than a given length N falls exponentially in time and N.