# Tokenomics

SWEEPR is the native token of the Sweepr protocol and has a hard cap of 700,000,000 tokens.

<figure><img src="/files/EtgGfePWXQVXBU9YsFMk" alt=""><figcaption></figcaption></figure>

<table><thead><tr><th width="312.3333333333333">Allocation</th><th>% of Max Supply</th><th>No. of SWEEPR Tokens</th></tr></thead><tbody><tr><td>LBP</td><td>9%</td><td>63,000,000</td></tr><tr><td>Initial Liquidity</td><td>9.5%</td><td>66,500,000</td></tr><tr><td>Treasury </td><td>5%</td><td>35,000,000</td></tr><tr><td>Community Airdrop</td><td>5%</td><td>35,000,000</td></tr><tr><td>Vested Team Funds</td><td>10%</td><td>70,000,000</td></tr><tr><td>Liquidity Mining (Mainnet)</td><td>30%</td><td>210,000,000</td></tr><tr><td>Liquidity Mining (Berachain)</td><td>20%</td><td>140,000,000</td></tr><tr><td>Liquidity Mining (Future Prospects)</td><td>11.5%</td><td>80,500,000</td></tr></tbody></table>

**LBP**&#x20;

9% (63,000,000) of SWEEPR was sold for a total amount of $130k in a [Fjord Foundry LBP](https://app.fjordfoundry.com/pools/0x882E6320b92De0A1C5bE7baeA08F1FFBDD24b24b) with an end price of $0.00148.

#### Initial Liquidity&#x20;

9.5% (66,500,000) of all SWEEPR tokens we're deployed as SWEEPR/ETH Uni-V2 liquidity with an initial price set at $.00148.&#x20;

#### Treasury

5% (35,000,000) of all SWEEPR tokens are allocated to the Sweepr treasury fund. The Sweepr team employs conscious use of treasury funds while prioritizing the health and longevity of the protocol.&#x20;

#### Community Airdrop

5% (35,000,000) of all SWEEPR tokens are allocated to a community airdrop, rolled out in three phases detailed [here](https://medium.com/@sweepr/sweepr-community-airdrop-more-than-just-free-money-f3bceb0dc906).&#x20;

#### Vested Team Funds

10% (70,000,000) of all SWEEPR tokens are allocated to the Sweepr team fund which are vested linearly over 1 year with a one month cliff.&#x20;

#### Liquidity Mining

61.5% (430,500,000) of all SWEEPR are allocated towards liquidity mining incentives. 30% (210,000,000) of which are to be emitted to [xSWEEPR ](/info/xsweepr.md)holders on Ethereum Mainnet, 20% (140,000,000) to Berachain\*, and 11.5% to future L1/L2 prospects\*.

\**imminent*

### Liquidity Mining Emissions Schedule

SWEEPR tokens are emitted over a four year period with rewards scaling downwards each following year. Liquidity mining at the time of launch will be on Ethereum Mainnet only, with [Berachain ](https://www.berachain.com/)to follow per it's imminent release and our subsequent deployment. Additionally, 11.5% of the liquidity mining allocation is reserved for future cross-chain, EVM compatible prospects.

### Ethereum Mainnet

<figure><img src="/files/p0XpGGEf1iWGWvClLwaB" alt=""><figcaption><p>Ethereum Mainnet 4 Year Emissions Schedule</p></figcaption></figure>

| Period | % of Max Supply | No. of SWEEPR Emitted |
| ------ | --------------- | --------------------- |
| Year 1 | 18%             | 126,000,000           |
| Year 2 | 9%              | 63,000,000            |
| Year 3 | 2.4%            | 16,800,000            |
| Year 4 | 0.6%            | 4,200,000             |

### Berachain

<figure><img src="/files/qgLIqgO6RTXpbC5iChDZ" alt=""><figcaption><p>Berachain 4 Year Emissions Schedule</p></figcaption></figure>

| Period | % of Max Supply | No. of SWEEPR Emitted |
| ------ | --------------- | --------------------- |
| Year 1 | 12%             | 84,000,000            |
| Year 2 | 6%              | 42,000,000            |
| Year 3 | 1.60%           | 11,200,000            |
| Year 4 | 0.40%           | 2,800,000             |

### Token Tax&#x20;

All trades of the SWEEPR token are subject to a 5% tax. The sole purpose of this tax is to fund sweeps and filter incentives to users as revenue share.&#x20;

* 2% as revenue share distributed in ETH amongst xSWEEPR holders who meet [criteria](/info/xsweepr.md#revenue-share).
* 2% to the Sweepr treasury in ETH that directly funds acquisition sweeps.&#x20;
* 1% to the Sweepr treasury in ETH for operational expenses.&#x20;


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