# Tokenomics ### Overview BLACK is protocol token of Black Panther. Its main use case includes provide token holders a share of the protocol revenue, governance, and incentivization within the platform. #### Key Details * **Ticker**: BLACK * **Total Token Supply**: 800,000,000 BLACK * **Blockchain**: Injective ### Token Distribution
The total supply of BLACK tokens is strategically allocated to support the project's long-term viability and growth. The distribution is as follows: * **Ecosystem (35%)**: 280,000,000 BLACK tokens are reserved for ecosystem development. \ 6% will be used for public sale. This allocation is intended to facilitate the initial distribution of tokens and engage early adopters. \ 14% will be used for operations. This includes our cost of running bots, cloud infrastructure, marketing, legal, and other administrative expenses necessary to maintain and grow the project. \ 15% will be used for liquidity provision. This allocation is crucial for ensuring adequate liquidity on exchanges and within the platform, facilitating smooth transactions for users. * **Community Incentives (30%)**: 240,000,000 BLACK tokens are allocated for airdrops and various incentive programs. This is aimed at rewarding community members, fostering engagement, and encouraging platform usage. Distributed over 2 years. * **Team (15%)**: 120,000,000 BLACK tokens are allocated to the team. This ensures that the project's developers and contributors are incentivized to continue improving and expanding the platform. 12-month cliff, linear vesting over 30 months. * **Seed Round (15%)**: 120,000,000 BLACK tokens are reserved for our seed round. This segment targets strategic investors who can provide both capital and value-added services to the project. 6-month cliff, linear vesting over 24 months. * **Pre-Seed Round (5%)**: 40,000,000 BLACK tokens are allocated for the pre-seed funding round. This phase is targeted at early investors who support the project's development in its nascent stages. 6-month cliff, linear vesting over 24 months. ### Token Utility BLACK tokens serve multiple purposes within the ecosystem: * **Governance**: BLACK token holders can participate in governance decisions, influencing the direction and updates of the platform. * **Staking Rewards**: Users can stake their BLACK tokens to earn a share of the protocol's revenue. * **Incentive Programs**: BLACK tokens are used in various incentive programs designed to reward users for their engagement and contributions to the ecosystem. ### Conclusion The BLACK tokenomics are designed to ensure a balanced distribution that supports the project's long-term growth, incentivizes key stakeholders, and fosters a vibrant community. By aligning the interests of the team, investors, and users, BLACK aims to build a sustainable and thriving DeFi ecosystem on Injective.