> For the complete documentation index, see [llms.txt](https://omegaprjc.gitbook.io/omg/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://omegaprjc.gitbook.io/omg/ecosystem/tokenomics.md). # Tokenomics 1. Token Allocation: * Total Supply: 10 million tokens * Team Allocation: 8% (800,000 tokens) * Public Allocation: 92% (9,200,000 tokens) 2. Token Vesting: * Team Allocation will be vested for 5 months. * At TGE (Token Generation Event), the team allocation will be 15%, which means that 120,000 tokens will be allocated to the team at the start. With every month we release 15% of the remaining team allocation. 3. Token Utility: * The token will have several utilities within the project's ecosystem, such as payment for goods and services, staking, governance, and rewards. * The token's value may increase as the project's adoption and usage grow, creating demand for the token. * Token Burn: * The project may implement a token burn mechanism to reduce the token supply over time, increasing the token's scarcity and potentially driving its value up. Overall, the above tokenomics provide a fair distribution of the tokens, incentivize the team to work towards the project's success, and offer a clear utility for the token, creating a strong ecosystem around it.