> For the complete documentation index, see [llms.txt](https://shadow-11.gitbook.io/shadowswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://shadow-11.gitbook.io/shadowswap/token-economics/shadow-token/shdw-tokenomics.md).

# SHDW Tokenomics

> Shadow token is capped at **100M** with series of **Deflationary Mechanisms** with no more than 100m minted and also balancing between scarcity, sustainability and value accrual

### Total Supply

**100,000,000 SHDW**

| Uses                                | Amount         | Percentage |
| ----------------------------------- | -------------- | ---------- |
| **Ecosystem development**           | **77,000,000** | **77%**    |
| Initial Liquidity DEX               | 2,000,000      | 2%         |
| Community Members                   | 5,000,000      | 5%         |
| Liquidity mining                    | 70,000,000     | 70%        |
| **Platform Hires and Contributors** | **5,000,000**  | **5%**     |
| **Token Sale**                      | **10,000,000** | **10%**    |
| **Shadow Treasury**                 | **8,000,000**  | **8%**     |

{% hint style="info" %}
Community Members: is allocated to community members through a variety of programs, such as airdrops, bug bounties, and other rewards for contributing to the exchange.
{% endhint %}

{% hint style="info" %}
 Liquidity Mining allocation will be emitted  through the following way and could be adjusted by DAO decisions later on.

* Competitions 
* Shadow Monster Farm
* Dark Pools
* NFT Campaign's 
  {% endhint %}

{% hint style="info" %}
Shadow Treasury: is reserved for the exchange's treasury, to be used for things like funding development and marketing efforts, as well as providing liquidity to the exchange. the treasury will not only contain SHDW token but other token like Shadow CORE Holdings and more as we proceed. and will be monitored and maintained by the ShadowDao through Core Gnosis wallet. Wallet address for the Treasury will be available for everyone to go through.
{% endhint %}

{% hint style="info" %}
Platform Hires and Contributors: this is a allocations for Devs contributing to the Shadow ecosystem, Contributors are Streamed tokens per Contributions and Commitment also community members can also join Shadow Contributors, be it development aspect, Community Management and more.
{% endhint %}

{% hint style="info" %}
Lastly, A Portion of the Trading Fees from ShadowSwap goes to the Shadow Treasury and another portion goes to Buy Backs of Shadow.

```typescript
TOTAL_FEE = 0.003
LP_HOLDERS_FEE = 0.002 TREASURY_FEE = 0.0005 BUYBACK_FEE = 0.0005
```

{% endhint %}

## **Emission rate** <a href="#emission-rate" id="emission-rate"></a>

### **Per block**

| Metric   | Emission/block (SHDW) | Emission/day (SHDW) |
| -------- | --------------------: | ------------------: |
| Emission |                 1.375 |              39,600 |

{% hint style="info" %}
The emission rate may be changed through future governance.
{% endhint %}

## Distribution <a href="#distribution" id="distribution"></a>

| Distributed to                | Reward/block (% of emission) | Reward/block (total SHDW) | Reward/day |
| ----------------------------- | ---------------------------: | ------------------------: | ---------: |
| Dark Farms                    |                          25% |                   0.34375 |      9,900 |
| NFT AMM                       |                           5% |                   0.06875 |      1,980 |
| SHDW Dark Pool                |                          70% |                    0.9625 |     27,720 |
| **Total Daily SHDW Emission** |                     **100%** |                 **1.375** | **39,600** |

> The distribution may be changed through future governance.

## **Deflationary Mechanics** <a href="#other-deflationary-mechanics" id="other-deflationary-mechanics"></a>

As well as the above, SHDW is also burned in the following ways:

* **0.05%** of every trade made on ShadowSwap
* **100%** of SHDW performance fees from IFO's
* **50%** of Minting fees from INO's  is used to buy SHDW for burning
* **2%** of fees from NFT AMM Marketplace  is used to buy SHDW for burning&#x20;
* **2%** of every yield harvest from all the flexible staking positions in SHDW pool

More burning ways will be added with the features launched.