> ## 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 base token used for launches, curve trading, and governance/staking flows.

<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                        |
| **Model**      | Fixed supply, minted once |

Hard cap. No inflation path in current token contract.

## What ELTA Does

**Launch apps** — `110 ELTA` total (`100` seed + `10` creation fee)

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

**Stake** — Lock ELTA as veELTA for governance-weighted voting power

**Govern** — vote through governor/timelock system

***

## 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**          | 10,000,000         |
| **Bonding curve**   | 50%                |
| **Vesting wallet**  | 25%                |
| **Ecosystem vault** | 25%                |
| **Graduation**      | 42,000 ELTA raised |

### Transfer Fee

Default transfer tax is `1%` (max `2%`) and is LP-keyed: it only applies when transfers touch allowlisted liquidity-pool addresses.

***

## Fee Sources

| Source        | Rate                   |
| ------------- | ---------------------- |
| **Trading**   | 1%                     |
| **Launches**  | 10 ELTA                |
| **Transfers** | 1% (default)           |
| **Modules**   | Configurable by module |

Current routing policy in V2 pipeline:

* `LAUNCH_FEE` -> `100%` treasury
* App-revenue fee kinds -> default `80%` contributors / `20%` treasury (governance configurable)

***

## Summary

* **77M max** — fixed forever
* **10M app supply per launch** — fixed by current factory defaults
* **Lock longer = more voting power** — veELTA boost up to 2x
* **Explicit fee kinds** — launch fee and app-revenue kinds are routed differently

***

## 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>