> For the complete documentation index, see [llms.txt](https://converge-4.gitbook.io/converge-and-disperse/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://converge-4.gitbook.io/converge-and-disperse/tokenomics-overview.md).

# Tokenomics Overview

####  Ticker: $CONVERGE

**Taxes:** 5/5

**Total Supply:** 10 Million Tokens

**LP Tax and Burn:** 1% of the transaction tax is allocated to the liquidity pool (LP) and is subsequently burnt to reduce supply and increase scarcity.

**Burned Supply:** To date, 5.37% of the supply has been burned, further emphasizing our commitment to a deflationary token model that benefits our community and holders.

Our tokenomics are designed with a balanced approach to ensure the long-term viability and sustainability of the Converge ecosystem. The strategic reserve of 5% supports our continuous growth, innovation, and the ability to respond to future opportunities effectively. The implementation of a transaction tax that contributes to the LP and the ongoing burning mechanism are crucial steps toward enhancing value for our token holders by creating a more scarce token over time.

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