# $EGG Tokenomics

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**Token name:** chikn egg (EGG)

**Contract:** 0x7761E2338B35bCEB6BdA6ce477EF012bde7aE611

**Initial supply:** 2 million (2,000,000) $EGG

**Max supply:** Uncapped

[EGG/AVAX on Trader Joe](https://traderjoexyz.com/trade?inputCurrency=AVAX\&outputCurrency=0x7761e2338b35bceb6bda6ce477ef012bde7ae611)
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<figure><img src="https://3677132957-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF8OuqlG4SiJ3bLJ9JiW1%2Fuploads%2FuARIMnGZamQJdsldhQTS%2FChikn_Unique_Degen%201.png?alt=media&#x26;token=9933cc5e-d3ce-4d26-9e33-363f145453be" alt=""><figcaption><p>chikn #6969</p></figcaption></figure>

$EGG is a fair-launch token, meaning that there was no pre-sale. The initial supply distribution was as follows:

* 1 million (1,000,000) $EGG airdropped equally to all 10,000 chikn (100 $EGG each) with no prior advertising or announcement of the fact.
* 1 million $EGG reserved for liquidity, to keep the ecosystem functionally optimally and with minimal slippage.

An additional 52 million (52,000,000) $EGG was allocated to various smart contracts and wallets to support ecosystem functions. This $EGG is programmed to unlock weekly over the first two years of operations. The details of these allocations are as follows:

* **Team & Advisors:** 10.4 million $EGG\
  [0x4ea322d0b5b2056520be55f53f2ef7b36acba22d](https://snowtrace.io/address/0x4ea322d0b5b2056520be55f53f2ef7b36acba22d)
* **Ecosystem Development:** 10.4 million $EGG\
  [0x53a6fd2ba9a398892dda5dec589f2e2d9a653443](https://snowtrace.io/address/0x53a6fd2ba9a398892dda5dec589f2e2d9a653443)
* **Liquidity:** 10.4 million $EGG\
  [0xa09361c026775997bf88229e038b3812fe873e0a](https://snowtrace.io/address/0xa09361c026775997bf88229e038b3812fe873e0a)
* **Marketing:** 10.4 million $EGG\
  [0x1b77e506f016c5a069619ebe1515c23227fdc7f4](https://snowtrace.io/address/0x1b77e506f016c5a069619ebe1515c23227fdc7f4)
* **Strategic Partnerships:** 10.4 million $EGG\
  [0x729b4051170c9cc1e48f46962446cd1f552b179d](https://snowtrace.io/address/0x729b4051170c9cc1e48f46962446cd1f552b179d)

$EGG supply is uncapped—**all chikn will lay $EGG forever**. Despite the token being uncapped, functions within the Chikn game and broader ecosystem are designed to counteract token inflation and, eventually, surpass emission rates to create a deflationary token.

At launch, 10,000 roosted chikn at a minimum size of 1 KG released tokens at a rate of 10,000 $EGG per day. As the KG of roosted chikn increases, this rate will approach a hypothetical maximum of around 120,000 $EGG per day.

It’s important to note that chikn KG cannot grow forever, and therefore there is a point at which the rate of $EGG production will stop increasing. $FEED tokens are required to increase the KG (and rate of $EGG emission), and $FEED tokens have a hard supply cap. Once $FEED runs out and all $FEED is fed to chikn, $EGG emissions will be fixed. See the section on $FEED for more information.

To estimate the total supply over the first 24 months, we used the following projections:

* **$EGG laid by chikn over 24 months:** \~63 million $EGG
* **Total supply in the first 24 months (factoring in ecosystem allocations):** \~116 million $EGG

<figure><img src="https://3677132957-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF8OuqlG4SiJ3bLJ9JiW1%2Fuploads%2Fqap3RcHjNyyu0DPWqQzI%2Fegg_supply_2year_adjusted.png?alt=media&#x26;token=48243c58-90a1-4a5f-a845-bd46ccccdce3" alt=""><figcaption><p>$EGG emissions projected over approximately 2 years</p></figcaption></figure>

It’s important to note that these are only estimates. The actual figure will depend on the total KG of roosted chikn which is determined by players who use $FEED to increase the size of their chikn.

The circulating supply of $EGG at any given time will be impacted by:

* $EGG emission rates as determined by Roost KG.
* The ways that players can burn $EGG in the game and broader ecosystem.
* Amount of tokens permanently locked in liquidity (see the FarmLand NFT Mint Mechanics section for more details on liquidity locking).

<mark style="color:red;">The only way to mint new $EGG is to have a chikn NFT laying them for you. If you want to get involved, grab a chook and get laying.</mark>