# Tokenomics Overview

The $PRNT token is a deflationary token on the Solana Blockchain that launched on May 10, 2023 with an initial supply of 10Bn 

<figure><img src="/files/uTZEaCbbxMbZXGhIFgdy" alt="" width="563"><figcaption></figcaption></figure>

* **Liquidity Pool:** 3Bn Tokens were initially added to the Liquidity Pool on launch. The Associated LP Tokens were burned

<figure><img src="/files/1Nkvv1VTgoVEhhl3fQQS" alt=""><figcaption></figcaption></figure>

* **LP Raffle Reward:** 3Bn Tokens were set aside to be raffled off to holders of $PRNT. After a community vote held on May 17, 2023, it was decided to burn this entire allocation.\
  <https://solscan.io/tx/RfFdo5ZVaEJqrBHgeLJ3N7U2AhBaJnYaUuF6xyGUSRVuXFdJft3VJSVrFyyz5FrbeQ4LyGsdo1u5k6epssmee9z>
* **Team:** The team received an equal portion of the allocation for their personal wallets
* **Development:** This allocation was set aside for development costs of PRNT products and offerings, CEX listing fees and other business related costs.
* **Airdrops:** Airdrops were sent to both the AI Degens and Ascended Sinners NFT holders on launch
* **Community and Marketing:** This allocation was set aside to market the token and product offerings via social media, create strategic partnerships and reward the PRNT community.
* **Stake Pool:** The allocation initially funded the stake pool for Boost related payouts.
* **Pre-Sale:** 1% of total supply was sold in three pre-sale phases. Funds earned from pre-sale were directly contributed to the Liquidity pool.&#x20;


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