> ## Documentation Index
> Fetch the complete documentation index at: https://docs.elata.bio/llms.txt
> Use this file to discover all available pages before exploring further.

# Tokenomics

> ELTA token supply, distribution, and veELTA mechanics

## ELTA Token

ELTA is the protocol token. You use it to launch apps, trade app tokens, and participate in governance.

<Info>
  **Contract**: ELTA is currently deployed on Ethereum Sepolia (testnet). View on [Etherscan](https://sepolia.etherscan.io/address/0x2AEb03A678A1e1E99a2AeEb4CeFCD0263A2D3587). Mainnet deployment coming soon.
</Info>

***

## Supply

|                |                            |
| -------------- | -------------------------- |
| **Max supply** | 77,000,000 ELTA            |
| **Decimals**   | 18                         |
| **Standard**   | ERC-20 with Votes + Permit |

Hard cap. Can't be increased.

### Distribution Breakdown

<img src="https://mintcdn.com/elata/53SWjj4pyKwFhwHs/images/main/elta-distribution-light.svg?fit=max&auto=format&n=53SWjj4pyKwFhwHs&q=85&s=7f910bee3480aee9d3e043558921aa61" alt="ELTA distribution" className="block dark:hidden" width="1122" height="788" data-path="images/main/elta-distribution-light.svg" />

<img src="https://mintcdn.com/elata/53SWjj4pyKwFhwHs/images/main/elta-distribution-dark.svg?fit=max&auto=format&n=53SWjj4pyKwFhwHs&q=85&s=c1f2d9fe5d0aa68ad663ef237dd3b2cd" alt="ELTA distribution" className="hidden dark:block" width="1122" height="788" data-path="images/main/elta-distribution-dark.svg" />

| Category               | Allocation | Vesting       |
| ---------------------- | ---------- | ------------- |
| **Treasury**           | 38%        | 4-year linear |
| **Community Benefits** | 19.5%      | 3-year linear |
| **Contributors**       | 15%        | 6-year linear |
| **Liquidity**          | 12.5%      | Immediate     |
| **Public Sale**        | 10%        | Immediate     |
| **Community Sale**     | 5%         | Immediate     |

***

## What ELTA Does

**Launch apps** — 110 ELTA (100 seeds curve, 10 to treasury)

**Trade** — All app tokens trade against ELTA

**Stake** — Lock as veELTA → 15% of all fees + voting power

**Govern** — veELTA holders vote on proposals (0.1% to propose, 4% quorum)

***

## veELTA

Lock ELTA → get veELTA. Longer lock = more veELTA.

|              |                    |
| ------------ | ------------------ |
| **Min lock** | 7 days             |
| **Max lock** | 730 days (2 years) |
| **Boost**    | 1x to 2x           |

### Math

$$
\text{veELTA} = \text{ELTA} \times \left(1 + \frac{\text{Days Locked}}{730}\right)
$$

| Lock    | Boost | 1,000 ELTA → |
| ------- | ----- | ------------ |
| 7 days  | 1.01x | 1,010 veELTA |
| 1 year  | 1.5x  | 1,500 veELTA |
| 2 years | 2x    | 2,000 veELTA |

### Properties

* **Non-transferable** — can't sell or send veELTA
* **One lock per wallet** — can add to it or extend, but only one
* **No decay** — veELTA stays constant until unlock
* **Full return** — get all your ELTA back when lock expires

<Note>
  No early unlock. Choose duration carefully.
</Note>

***

## App Tokens

Each app launches with its own ERC-20:

|                   |                    |
| ----------------- | ------------------ |
| **Supply**        | 1 billion          |
| **Creator**       | 50% (auto-staked)  |
| **Bonding curve** | 50%                |
| **Graduation**    | 42,000 ELTA raised |

### Transfer Fee

1% on every transfer (max 2%). Split 70/15/15 like other fees.

***

## Fee Sources

| Source          | Rate    |
| --------------- | ------- |
| **Trading**     | 1%      |
| **Launches**    | 10 ELTA |
| **Tournaments** | 2.5%    |
| **Transfers**   | 1%      |

All fees split 70/15/15: stakers, veELTA holders, treasury.

***

## Release Schedule

<img src="https://mintcdn.com/elata/53SWjj4pyKwFhwHs/images/ELTAReleaseschedule.svg?fit=max&auto=format&n=53SWjj4pyKwFhwHs&q=85&s=5f08a63fb02e43048832a16c2c910ab1" alt="ELTA release schedule" width="1920" height="1000" data-path="images/ELTAReleaseschedule.svg" />

ELTA is released according to predefined vesting schedules:

* **Year 1**: \~25% of supply circulating
* **Year 2**: \~45% of supply circulating
* **Year 4**: \~85% of supply circulating
* **Year 6**: 100% fully vested

***

## Summary

* **77M max** — fixed forever
* **Fees, not inflation** — rewards come from usage
* **Lock longer = earn more** — veELTA boost up to 2x
* **Multiple fee sources** — trading, launches, tournaments, transfers

***

## Next

<CardGroup cols={2}>
  <Card title="Revenue Model" icon="money-bill" iconType="light" href="/learn/revenue-model">
    Fee mechanics and math
  </Card>

  <Card title="Lock ELTA" icon="lock-keyhole" iconType="light" href="/apps/users/veelta-governance">
    Start earning
  </Card>
</CardGroup>