> For the complete documentation index, see [llms.txt](https://fungie-dao.gitbook.io/fungie-dao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fungie-dao.gitbook.io/fungie-dao/other/fng-tokenomics.md).

# FNG Tokenomics

FNG Token applies LP tax fee of 10% on each transaction. LP tax fee buys FNG-BNB LP Tokens and sends them to dead address (burns them). This way FNG token's price floor is constantly rising, making it less volatile asset. On top of FNG Tokenomics, there are Parent Tokenomics that increase FNG-BNB Liquidity Pool and deflate Total Supply of FNG through Child Contracts. FNG Token is also unmintable & unfreezable, thus ensuring potential investors that no malicious actions could be taken through our smart contracts.\
\
**Smart Contract on BSC Mainnet:** Available on TBD\
**Github Link:** Available on TBD\
**Audit Link:**

## Initial Liquidity

Funds for Initial Liquidity will be raised through Seed Round/Private Sale. Initial Liquidity will be burned immediately after launch and will equal 30 BNB.

## FNG Token Distribution

### Token’s Total Supply (1,000,000 FNG) <a href="#id-77d3" id="id-77d3"></a>

* **Activity Farming:** 50% (1% weekly unlock for 1 year - vesting starts 2 weeks after launch)
* **Fungie Treasury:** 12% (0,24% weekly unlock for 1 year – vesting starts 2 weeks after launch)
* **Private Sale:** 12% (6% unlocked on launch, 6% unlocked after 1 week)
* **Liquidity Pool:** 9%
* **Seed Round:** 6% (1,2% unlocked on launch, 4,8% vested over period of 1–7 weeks)
* **NFT Competition:** 5% (0,1% weekly unlock for 1 year - vesting starts 2 weeks after launch)
* **Founding Team:** 5% (0,1 % weekly unlock for 1 year - vesting starts 2 weeks after launch)
* **Burn Wallet:** 1% of Total Supply

### Token’s Circulating Supply at Launch (172,000 FNG) <a href="#id-1991" id="id-1991"></a>

* **Liquidity Pool:** 53% of Circulating Supply
* **Private Sale:** 34% of Circulating Supply
* **Seed Round:** 6,9% of Circulating Supply
* **Burn Wallet:** 6,1% of Circulating Supply


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