# $FERT Tokenomics

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**Token name:** chikn fert (FERT)

**Contract:** 0x9C846D808A41328A209e235B5e3c4E626DAb169E

**Initial supply:** 3.5 million (3,500,000) $FERT

**Max supply:** Uncapped

[EGG/FERT on Trader Joe](https://traderjoexyz.com/trade?inputCurrency=AVAX\&outputCurrency=0x9c846d808a41328a209e235b5e3c4e626dab169e)
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<figure><img src="/files/8jDwIaNNhKvDYwustMEh" alt=""><figcaption><p>Roostr #2</p></figcaption></figure>

There was no presale for $FERT. All FarmLand NFTs received an airdrop of $FERT proportional to their Bigness, with a total of 3.5 million $FERT distributed. The supply is uncapped as all Roostr will continue dropping $FERT as long as they are fed $EGG. There is a strong incentive for players to burn $FERT to fertilize FarmLand and increase their reward multiplier, keeping token inflation in check.

At launch, the Chikn team projected that approximately 1 billion $FERT would be released in the first year. This calculation was made on the assumptions that:

* 70% of Roostr are fed every day
* 70% of Roostr are grown efficiently and effectively

These numbers were based on data collected on how players interacted with chikn NFTs.

Based on this assumption, 10% of the first year supply (100 million $FERT) was allocated by the team to liquidity and market making. This supply is vested for one year and released in equal amounts weekly.

$FERT emissions are predicted to reach 2 billion in approximately 540 days after launch. This modeling suggests $FERT emissions will reach 3.6 billion in the first two years after launch.

The circulating supply of $FERT will vary depending on how players use the token in their strategy.&#x20;

<figure><img src="/files/oBfLRC8kWKm5J1fxwQMe" alt=""><figcaption><p>Projected $FERT emissions over approximately 2 years</p></figcaption></figure>


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