# $WHALES Tokenomics & Utility

### 1. Overview

`$WHALES` is Whales Market’s native utility token, designed to incentivize growth and participation on the platform in a transparent and equitable way. A portion of the supply was retroactively airdropped to $LOOT stakers and $xLOOT holders upon launch

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### 2. Token Details

* **Ticker**: `$WHALES`
* **Total Supply**: 100,000,000 tokens
* **Blockchain**: Solana
* **Mint Address**: GTH3wG3NErjwcf7VGCoXEXkgXSHvYhx5gtATeeM5JAS1

<figure><img src="https://640655427-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FIZ0DIaAx9IWoM4I1YGdV%2Fuploads%2FDGMEZX01FoIfr4oUZMRO%2Fimage.png?alt=media&#x26;token=ab654d6f-7322-4be2-b303-fdd715f03043" alt=""><figcaption></figcaption></figure>

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### 3. Distribution

<table><thead><tr><th width="115.00006103515625">Category</th><th width="113.8001708984375">Allocation</th><th width="119.7998046875">Tokens</th><th>Vesting</th></tr></thead><tbody><tr><td>Incentives</td><td>65%</td><td>65,000,000</td><td>linear emissions for 4 years. DAO-governed</td></tr><tr><td>Team</td><td>9.5%</td><td>9,500,000</td><td>0% TGE, locked for 9 months, linear vesting for 36 months</td></tr><tr><td>Liquidity</td><td>7.5%</td><td>7,500,000</td><td>5% liquidity burned on TGE, 2.5% reserved for CEX listing</td></tr><tr><td>Private Sale</td><td>7%</td><td>7,000,000</td><td>50% TGE, linear vesting for 2 months</td></tr><tr><td>Airdrop</td><td>5%</td><td>5,000,000</td><td>50% TGE, linear vesting for 12 months</td></tr><tr><td>Marketing</td><td>5%</td><td>5,000,000</td><td>20% TGE, linear vesting for 24 months</td></tr><tr><td>Security</td><td>1%</td><td>1,000,000</td><td>100% TGE</td></tr></tbody></table>

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### 4. New Token Utility (Coming soon)

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### FAQ

<details>

<summary>What is the $WHALES Token?</summary>

$WHALES is the native utility token for Whales Market. The token is designed to incentivize growth and participation on the platform in a transparent way.

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<details>

<summary>How are $WHALES Token distributed</summary>

The total supply of the $WHALES token is 100,000,000,000 tokens on the Solana blockchain. This supply is allocated to: Incentives (65%), Team (9.5%), Liquidity (7.5%), Private Sale (7%), Airdrop (5%), Marketing (5%), and Security (1%).

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<details>

<summary>Where can I buy $WHALES?</summary>

You can buy $WHALES on Solana-based decentralized exchanges (DEXs) like Jupiter, Raydium, and Orca. Additionally, you can purchase it through the Trojan Telegram bot on Solana.

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