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

# Tokenomics

$PRIDE tokens will have a fixed total supply of 100,000,000. Allocations will be distributed as per below:

<figure><img src="/files/oc7nWqroSL1hBsmv1TrI" alt=""><figcaption></figcaption></figure>

**Ecosystem Development Fund**

The ecosystem development funds' primary purpose is to grow the ecosystem and subsequently, the utility and rewards available for Pride holders. Some examples of where we see this fund being used in future:&#x20;

* Launchpad for new projects and integrations with $PRIDE&#x20;
* Liquidity pool pairing against new token(s) e.g. a Launchpad project with P2E&#x20;
* Expansion of the existing utilities&#x20;
* Future Airdrops / Claims&#x20;
* Marketing & Promotion
* Mini-games&#x20;
* Partnerships & New Opportunities

**Staking Pool**

At monthly intervals, a base amount of 250 $PRIDE will be distributed from the Staking Pool amongst holders for each NFT in their wallet. Distribution of tokens will differ based on various levels according to the duration of hodling their Pride. There will be different token multipliers as shown below:

<figure><img src="/files/qUzOrGPoJi1TbO0qzNCy" alt=""><figcaption></figcaption></figure>

The token multiplier is introduced to incentivise hodling of one's Pride and will come into effect once the initial claim has occured. Be mindful that once an NFT is sold or transferred, it loses its multiplier bonus. Holders are therefore encouraged to consolidate their holdings prior to this. There may be additional incentivised staking pools released over time as part of the ecosystem development fund initiatives.

**Total Staking Period**

The staking pool is allocated to run for 2 years in total (730 Days). The Staking Pool was inflated to 60% to account for the excess tokens that will not be claimed at the end of this period, and will be transferred to the Ecosystem Development fund (tokens may remain due to the differing bonus multipliers not being filled). There may be other staking pools or mechanics introduced before the end of this staking period.

**Initial Claim**

For the initial claim, we have allocated 3% of the $PRIDE supply, in which holders will be airdropped *600* $PRIDE for every NFT that they hold.&#x20;

**Founders, Team, Advisors Allocation**

The Founders, Team, Advisors Allocation will be locked for a period of 12 months from launc&#x68;**.** These tokens will be released at monthly intervals to the respective members over a course of 24 months, in which they may utilise the tokens at their discretion. Should the unlocking of tokens cause a large negative impact on the ecosystem, the team will have the option of pausing the release of this allocation.