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

# Tokenomics

Memerace introduces a tokenomics system to govern the distribution and allocation of its native token. The tokenomics aim to incentivize participation, support development and marketing efforts, and ensure the long-term sustainability of the project.

**Fee Structure** A 20% fee will be applied to the balance of each participant in the race. The collected fees will be distributed as follows:

* **10% - Revenue Sharing**
  * Allocation: 50% of the fee collected from the race
  * Purpose: Share revenue (ETH) with token holders (the date and minimum required tokens will be announced).
* **5% - Development + Marketing**
  * Allocation: 25% of the fee collected from the race
  * Purpose: Fund ongoing development and marketing efforts to enhance the project's visibility and user base.
* **5% - Team**
  * Allocation: 25% of the fee collected from the race
  * Purpose: Support the core team members and contributors working on the project.

**Token Lock and Tax** Liquidity will be locked for 1 month to ensure stability and prevent short-term manipulation. A 5% tax will be applied to all transactions.

**Tax Division**

* **50% - Add Liquidity**
  * Allocation: 50% of the 5% tax on transactions
  * Purpose: Contribute to the liquidity pool, enhancing stability and providing liquidity for trading.
* **50% - Development + Marketing**