# Tokenomics

{% hint style="info" icon="file-contract" %}
VIR (ERC20): [0x71B4E99547Ad8b307C1313284b4bAc64988C53BB](https://mainnet.vinuexplorer.org/token/0x71B4E99547Ad8b307C1313284b4bAc64988C53BB?tab=contract)
{% endhint %}

{% hint style="success" icon="ban" %}
**No Mint**: VIR cannot be minted. Supply can only decrease.
{% endhint %}

{% hint style="success" icon="user-crown" %}
**No Owner Privileges:** Token's ownership is renounced by design.
{% endhint %}

<figure><img src="/files/5ldaqVnkPVBruoEOiIPv" alt=""><figcaption></figcaption></figure>

**NAME -** VinuRepublic

**SYMBOL -** VIR

**DECIMAL -** 18

**MAX SUPPLY -** 21,000,000 $VIR

The MAX Supply of VIR is capped at 21 million (21,000,000).\
No more than this amount will ever exist. Supply can only decrease as tokens get burned.\
Making VIR deflationary.&#x20;

***

### **VinuRepublic (VIR) initial token distribution:**

* <mark style="color:yellow;">**40% allocated to Project Development**</mark>\
  ​Purpose: To support long-term growth.\
  Usage: Marketing, Listing, Community & Ecosystem growth, etc.<br>
* <mark style="color:orange;">**30% allocated to Public Sale**</mark>\
  Purpose: Initial public offering to raise VC.\
  Usage: 65% - VinuChain Consensus staking & 35% - Liquidity.<br>
* <mark style="color:green;">**20% allocated to Primary Liquidity**</mark>\
  Purpose: To create a stable trading environment from day one.\
  Usage: 100% - Liquidity.<br>
* <mark style="color:blue;">**10% allocated to Private Sale**</mark>\
  ​Purpose: To raise early USDT funding from private backers.\
  Usage: Fund all operations in general.

***

### Revenue Distribution:

* **Liquidity Pool Rewards-**
  \
  80% - Re-add to the pool.
  \
  20% - VIR Treasury.<br>
* **VinuChain Consensus Staking Rewards-**
  \
  25% - VC Burn
  \
  25% - VIR Treasury
  \
  25% - VINU Buy & Burn
  \
  25% - VIR liquidity pools


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