# Tokenomics SphereX will issue its native token, $HERE, following the Token Generation Event (TGE), with a total supply of 900 million tokens. The token distribution is thoughtfully designed to ensure the platform’s long-term development and sustainability. The specific allocation is as follows: * **4% - Private Sale Investors**: Allocated to early investors who supported the development of SphereX. These tokens will be subject to a vesting period and linear release schedule to minimize market volatility. * **3% - Advisors**: Reserved for the advisory team, who provide strategic guidance and support. Vesting periods will align advisors' interests with the platform’s long-term goals. * **1% - Key Opinion Leaders (KOLs)**: Tokens allocated to key influencers to incentivize the promotion of SphereX, expanding the platform’s user base. * **0.5% - IDO**: A portion of tokens will be distributed through an Initial DEX Offering (IDO), allowing early community members to participate while enhancing market liquidity and activity. * **18% - Team**: Reserved for the team, with vesting periods and a linear release schedule to ensure long-term alignment with the project’s growth. * **31% - Treasury**: Held in the SphereX Treasury as reserve funds for long-term development, market expansion, technical research, and other ecosystem initiatives. * **42.5% - Community Rewards**: Dedicated to rewarding community contributors through liquidity mining, staking rewards, and other ecosystem engagement incentives to foster platform activity and user participation.
This token distribution is designed to promote long-term sustainability while ensuring token liquidity and value stability, offering ample opportunities for community engagement and rewards.