> For the complete documentation index, see [llms.txt](https://docs.plutus.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.plutus.fi/tokenomics.md).

# Tokenomics

## Token Overview

The following has been updated to reflect the switch from **PLS** to **PLUTUS** and the tokens removed from circulation with the Big Burn event in March of 2026. Numbers are in accordance to [PRFC-15](https://snapshot.box/#/s:plutus-dao.eth/proposal/0x586aae17b2c352d4fc9d8f7b8d71d7eb90bd0b919b1fe06c4493f4a88858178a).

### Distribution

* Max Supply: 108,000,000
  * Additional 22,000,000 PLUTUS tokens were burned during the Big Burn.
* Circulating - 53.7% - 58,000,000
  * The circulating supply is partially locked
* Liquidity bootstrap - 5.6% - 6,000,000
  * Used to bootstrap and incentivize new products
* Liquidity reserve - 11.1% - 12,000,000
  * Held in multi-signature wallets.
* Bribes and incentives warchest - 5.6% - 6,000,000
  * A 24-month bribe warchest
* Team salary - 9.3% - 10,000,000
  * Linear unlock over 24 months
* Marketing and growth - 3.7% - 4,000,000
  * Paid out on milestone basis
* Fund-raising - 11.1% - 12,000,000

  * Sold only as needed

![PLUTUS token distribution, as outlined in the PRFC-15. Tokens burned in the Big Burn have been taken into account in the percentages.](/files/0nMVR3fUwU2edSIJupNZ)