---
description: ChadGPT is our utility token that will be burnt to pay for using the app.
---

# Tokenomics

## Contract Address

[https://etherscan.io/address/0x596f426E34b1271901777a1B8782A0D34A9c4f96](https://etherscan.io/address/0x596f426E34b1271901777a1B8782A0D34A9c4f96)

## Supply

100,000,000 (100 Million)

## Token Distribution

5% Vested Team Wallet

5% Marketing Wallet

Team Wallet: 0x90Ff684de7032450c2DB2f1299c76907578445fD

Marketing Wallet: 0x77d97F4b4DE130E445d99E054426B5F3aCB147fA

90% Locked Dex Liquidity

Lock link: [https://app.uncx.network/amm/uni-v2/pair/0xef94b6d489da46ae7b609e2cc24f7223f13ca65d](https://app.uncx.network/amm/uni-v2/pair/0xef94b6d489da46ae7b609e2cc24f7223f13ca65d)

## Tax

Buy Tax: 3%

Sell Tax: 3%

## Tax Distibution

2% goes directly into the LP\
1% goes into the api wallet to fund api reqs

## Deflationary Mechanism

Users will have to burn tokens for them to become usable in the app, meaning the more the app is used the lower the supply becomes.

## API Wallet

At the end of every month this wallet will sell the exact amount of tokens required to cover the cost of the API requests.

##
