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

# Tokenomics

### Tokenomics

Buys & sells on the $GRAY token are subject to a 5% buy/sell transaction fee, which may be lowered (but never raised) at the team's discretion.&#x20;

Funds accrued as a result of these fees may be allocated towards supporting the platform’s growth and sustainability - for example, funding marketing, development & community incentives. These allocations are not fixed and may be adjusted based on evolving needs.

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### Supply Distribution

The $GRAY token has a fixed total supply of 10 000 000 tokens.

60% of this total supply was added to the GRAY/WETH UNI-V2 liquidity pool upon the token’s launch.&#x20;

The remaining 40% was held aside & partially vested. This supply was/may be used to encourage growth and sustainability - for example funding marketing, liquidity pools on Gradient, community incentives & CEXs. These allocations are not fixed and may be adjusted based on evolving needs.

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