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

# Tokenomics

### Fair Launch & No Creator Tokens:

$NIKEPIG had a fair launch with no tokens allocated to creators or developers. All tokens have been accessible to the community from the start, ensuring true decentralization. There were no pre-sales, private sales, or exclusive allocations, staying true to a community-first approach.

### Circulating Supply

At launch, 100% of total supply was released onto the open market. 10% was eventually burnt, leaving the remaining 90% of supply in circulation.

### Burned Supply

Since launch, the community has actively participated in token burns, reducing the original supply by 10%. This deflationary mechanism has brought the total supply from 1 billion to 900 million tokens, creating scarcity and potentially increasing value over time.

### Total Supply Overview

* Initial Supply: 1 billion
* Current Supply: 900 million (after 10% burn)
* 90% in Circulation: 900 million tokens available to the public from day one
* 10% Burned: 100 million tokens

### NikePig boasts one of the fairest supply distributions among top memecoins on Cardano. Here's why:

* **Fully Circulated Supply**: The entire $NIKEPIG supply is already in circulation, there were no team allocations or reserved funds. This means the playing field is completely level.
* **Team Buys Openly**: Unlike many projects, the Nike CTO Team actively purchases $NIKEPIG from the open market, just like everyone else. No preferential treatment. This aligns the team’s incentives with the community, ensuring they are equally invested in the success of the project.


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