> For the complete documentation index, see [llms.txt](https://docs.vapinetwork.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.vapinetwork.ai/token-and-foundation/vapi-token.md).

# The vAPI token

The vAPI token is the network token of vAPI Network on Base. Supply was fixed at deployment at 100,000,000; the contract has no mint function, no owner, and no admin keys. Supply can only decrease through burns.

<figure><img src="/files/r6vJbRv1yE7u1BSiz8RP" alt=""><figcaption></figcaption></figure>

| Fact                 | Value                           |
| -------------------- | ------------------------------- |
| Ticker               | $vAPI                           |
| Network              | Base                            |
| Total supply         | 100,000,000, fixed              |
| Supply changes       | Can only decrease through burns |
| Owner and admin keys | None                            |

### Official Token Contracts

| Chain | Token Contract                             | Pool                                                               |
| ----- | ------------------------------------------ | ------------------------------------------------------------------ |
| Base  | 0x1eA8deB921AA6015f4938010C848140b98108Dd2 | 0x05da2eb0bd58cb74ce0a0c4c93200a2e96778075fbe611b46967a334986c5671 |

## Allocation

TGE = token generation event.

| Allocation          | Share | Terms                                                      |
| ------------------- | ----- | ---------------------------------------------------------- |
| Liquidity pool      | 80%   | Seeded at launch into the Uniswap V4 pool                  |
| Ecosystem & listing | 7%    | 20% at TGE, 6-month linear release                         |
| Founding team       | 6%    | 3-month cliff, then 9-month linear                         |
| Strategic sale      | 5%    | 40% at TGE, 14-day cliff, 60% linear released over 4-month |
| Airdrop             | 2%    | 20% at TGE, 6-month linear                                 |

{% hint style="info" %}
*The strategic sale was priced across two tranches at a weighted average valuation of $2M FDV.*
{% endhint %}

## Trading fee

The token's trading pool carries a 3% fee on buys and sells, taken in vAPI and routed to the network treasury. It exists to bootstrap the network before platform fees carry it, primarily funding the reward pool, development, security, legal, and marketing.

{% hint style="info" %}
Staking, rewards, and governance are currently in development. [Network economics](/token-and-foundation/network-economics.md) describes the designed mechanics of the network so holders understand what the token is for. The final mechanics become public after a successful audit by a third-party security firm. See [Roadmap & status](/products/roadmap-status.md).
{% endhint %}


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