# $RAFF Tokenomics

<figure><img src="https://934712827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FjZ15wizvk2BNbUU1MdlA%2Fuploads%2FgJwmjJp5DnjCDwLIbxwV%2FAbout_RAFF.jpg?alt=media&#x26;token=e5bffafb-f238-4690-b0c1-fec56ef0b438" alt=""><figcaption></figcaption></figure>

* **Chain**: TON
* **Ticker symbol**: $RAFF
* **Max supply**: 100 000 000
* **Start of Supply (initial)**: 20 000 000
* **Future issuance (distribution)**: 80 000 000
* **Contract Address**: [EQCJbp0kBpPwPoBG-U5C-cWfP\_jnksvotGfArPF50Q9Qiv9h](https://tonviewer.com/EQCJbp0kBpPwPoBG-U5C-cWfP_jnksvotGfArPF50Q9Qiv9h)

**Max Supply** is the number of tokens that will ever be created, determined by algorithmically defined release schedules. Once the maximum supply is reached, no more of these tokens will be minted.

### **$RAFF has a unique issuance scheme:**&#x20;

**Initial Supply:** 20,000,000 tokens (20%).&#x20;

**Distribution Supply**: 80,000,000 tokens (80%).

<figure><img src="https://934712827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FjZ15wizvk2BNbUU1MdlA%2Fuploads%2FKwsiMMjSDnnm9vvAgN4l%2FRAFF_supply.jpg?alt=media&#x26;token=4edc37a5-5c52-45a9-bf06-d1db2929fb2d" alt=""><figcaption><p><strong>$</strong>RAFF supply</p></figcaption></figure>

{% hint style="info" %}
After the initial issuance of the 20,000,000 $RAFF that make up the initial supply, all required tokens from this volume will be **locked on the blockchain for a period of one year**. **The remaining 80 million tokens of the max supply of 100 million tokens will not be released to the network at this time.** **At the end of the one-year lockup period, the DAO will organize a vote to determine whether additional tokens should be released.** If the result of the vote is affirmative, an additional vote will follow to determine the rate at which additional $RAFF tokens will be distribution per second.
{% endhint %}

> Any further changes to $RAFF token time allocation will only be made by DAO community vote. It is possible that the issue of immediately burning the remaining 80 million tokens will be brought forward.

#### What does initial supply consist of?

<figure><img src="https://934712827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FjZ15wizvk2BNbUU1MdlA%2Fuploads%2FdGGPGEZfQ5yRdplM6bXt%2FRAFF_TOKENOMICS.jpg?alt=media&#x26;token=f9682ecb-066d-4e59-b157-23aece475c15" alt=""><figcaption><p>Initial Supply and allocation</p></figcaption></figure>

* **FairLaunch** (jettons community sale): 6,000,000 jettons (30%)
* **DEXs listing** (liquidity for DEX): 3,600,000 jettons (18%)
* **Incentives** (stake, earn, boost liq): 4,900,000 jettons (24,5%)
* **Marketing** (promo, airdrop): 2,800,000 jettons (14%)
* **Dev & Team**: 2,700,000 jettons (13,5%)&#x20;

#### What is circulating supply?

**Circulating Supply** are jettons that are publicly available and traded on the market. The number of tokens in circulation may increase or decrease over time. The formula for calculating: total supply minus locked fund (stakings, dev and others represented in tokenomics) and minus burned tokens.

{% hint style="info" %}
**All $RAFF locks can be checked out at the link:** [**Ton Raffles Locks**](https://tonraffles.app/lock/EQCJbp0kBpPwPoBG-U5C-cWfP_jnksvotGfArPF50Q9Qiv9h)
{% endhint %}

<figure><img src="https://934712827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FjZ15wizvk2BNbUU1MdlA%2Fuploads%2FAPC3atJFBAzD5OxzKXCU%2Fchart.jpg?alt=media&#x26;token=995563b4-d08a-4076-8162-9d1ba3a6b43c" alt=""><figcaption><p>$RAFF initial supply vesting</p></figcaption></figure>

| Category   | Tokens  | Percent | Lock-up | Initial unlock | Vesting |
| ---------- | ------- | ------- | ------- | -------------- | ------- |
| Fairlaunch | 6 mln   | 30%     | 0       | 100%           | 0       |
| Listing    | 3,6 mln | 18%     | 0       | 100%           | 0       |
| Incentives | 4,9 mln | 24,5%   | 1       | 0%             | 12      |
| Marketing  | 2,8 mln | 14%     | 0       | 3,572%         | 12      |
| Dev & Team | 2,7 mln | 13,5%   | 1       | 0%             | 12      |

**The entire supply initial is planned to be mastered in 1 year of vesting.**

$RAFF is a dynamic jetton. Its delivery is algorithmically driven and managed by the community through the DAO. This creates a transparent, predictable and manageable token delivery model.\
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