> For the complete documentation index, see [llms.txt](https://injective-kings.gitbook.io/injective/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://injective-kings.gitbook.io/injective/usdikings/distribution.md).

# Distribution

The proposed tokenomics for the $IKINGS token involve a total supply of 5 trillion tokens, strategically allocated to encourage community participation and ensure sustainable project growth. The distribution plan is as follows: 20% for Token Sale, 12% for NFT Holder rewards, 34% for the Staking mechanism, 24% for Rewards, and 10% for the Team.

<figure><img src="https://3041019887-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhM5hrwofdwkjzG3bgZI5%2Fuploads%2FlhEx3j667NIiwfeI0f05%2Fimage.png?alt=media&amp;token=9af5d6b5-c323-44e8-9e6f-bf58ac0f61cd" alt=""><figcaption><p>$IKINGS Distribution before 19-2-2024</p></figcaption></figure>

On February 19, 2024, a token burn event occurred, reducing the total token supply to 4 trillion tokens. Specifically, 33% of the total team's allocation was burned, 60% of the total token sale allocation was burned, and 17% of the total rewards allocation was burned. This reduction in supply aims to increase the token's value, with the portion allocated to NFT holders remaining unaffected.

<figure><img src="https://3041019887-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhM5hrwofdwkjzG3bgZI5%2Fuploads%2F5Kfps7hLquLrZZ0Pf98e%2Fimage.png?alt=media&amp;token=031d0e20-cb09-4afd-adf7-eadb9a2cdaf7" alt=""><figcaption><p>$IKINGS Distribution after 19-2-2024</p></figcaption></figure>

The community will have the majority of the supply, accounting for 90%, or a total of 3.6 trillion tokens. Additionally, there will be 1500 KINGS NFTs, with each NFT corresponding to 400 million $IKINGS tokens, distributed annually. To further incentivize NFT holders, a quarterly distribution of 100 million $IKINGS tokens per NFT will be implemented. This distribution structure aims to create equity between the broader community and NFT holders, fostering a balanced and sustainable ecosystem for $IKINGS.