> For the complete documentation index, see [llms.txt](https://contango-2.gitbook.io/exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://contango-2.gitbook.io/exchange/protocol/tokenomics.md).

# Tokenomics

:warning: We don't have a token at the moment. Beware of scammers. :warning:

Here's a breakdown of our token allocation:

![](/files/Kf2YwHaUl5WQ4pe7k3BC)

The total token supply after TGE (Token Generation Event) will be 1 billion. The exact date for TGE is yet to be determined.

This is a breakdown of our raises:

<table><thead><tr><th width="126">Round</th><th>amount raised</th><th>Token price</th><th width="118">% of total supply</th><th width="115">Valuation</th><th width="302">Cliff / Vesting</th></tr></thead><tbody><tr><td>pre-seed</td><td>$0.3M</td><td>$0.012</td><td>2.5%</td><td>$12M</td><td>after TGE: 6 months / 2 years</td></tr><tr><td>seed</td><td>$3.7M</td><td>$0.045</td><td>8.2%</td><td>$45M</td><td>after TGE: 6 months / 2 years</td></tr><tr><td>seed extension</td><td>$0.46M</td><td>$0.045</td><td>1.02%</td><td>$45M</td><td>after TGE: 6 months / 2 years</td></tr><tr><td>total</td><td>$4.46M</td><td></td><td></td><td></td><td></td></tr></tbody></table>