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

# Tokenomics

**SPC Contarct:** 0x6a428ff9bfec2c8f676b8c905d49146c6106af90

**Total supply:** 900 million 

**Block Time:** 3 seconds 

**Emission:** 35 SPC （28 SPC now) / block 

**Deflation:** once (reduced by 20% every 90 days )

Each swap will charge a fee of 0.1%, 0.2% or 0.5%. 50% of the transaction fees will be refunded to liquidity providers, 25% will be used for SPC buyback and burn, and the rest 25% will be used for operations.

![](https://1553772764-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fn8JHpWwnpvwbzyjP1y6J%2Fuploads%2FIWweK9uaKNQxswSk5WNg%2Ftoken.png?alt=media\&token=cb493f82-ff40-4a80-a2c2-d06902e1e1b2)