> For the complete documentation index, see [llms.txt](https://docs.neworder.network/new-order/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.neworder.network/new-order/protocol-overview/tokenomics.md).

# Tokenomics

![](https://848210209-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1CRfhy63yfQ393qQV6vf%2Fuploads%2Fob04K6Ku4Dd93hEV0nm8%2F123.png?alt=media\&token=96b8b83e-3129-42b2-9efb-7526c3257e40)

* **Core Team:** 20% 
  * 1 year cliff with with a 4 year vest
* **LBP:** 3% sold on the Miso Dutch auction 
* **Airdrop:** 5%
* **DAO Treasury:** 38% governed by NEWO holders
* **Liquidity Mining:** 14%
* **Investors and Advisors:** 20% 
  * 6 month cliff with a 2 year vest 
* **Max Supply:** 800m