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

Allocation	% of Max Supply	No. of SWEEPR Tokens
LBP	9%	63,000,000
Initial Liquidity	9.5%	66,500,000
Treasury	5%	35,000,000
Community Airdrop	5%	35,000,000
Vested Team Funds	10%	70,000,000
Liquidity Mining (Mainnet)	30%	210,000,000
Liquidity Mining (Berachain)	20%	140,000,000
Liquidity Mining (Future Prospects)	11.5%	80,500,000

**LBP** 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 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. #### 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. #### 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). #### 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. #### 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 ](https://docs.sweepr.art/info/xsweepr)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

Ethereum Mainnet 4 Year Emissions Schedule

| 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

| 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 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. * 2% as revenue share distributed in ETH amongst xSWEEPR holders who meet [criteria](https://docs.sweepr.art/xsweepr#revenue-share). * 2% to the Sweepr treasury in ETH that directly funds acquisition sweeps. * 1% to the Sweepr treasury in ETH for operational expenses.