> For the complete documentation index, see [llms.txt](https://leonicornswap-1.gitbook.io/whitepaper-v3/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://leonicornswap-1.gitbook.io/whitepaper-v3/tokenomics/token-economics.md).
# TOKEN ECONOMICS
LEONS Token Economy is quite Unique as it's our Dex Core Utility Token.
400M tokens minted for upcoming Merge ( LEOS and LEON Governance tokens swap to LEONS \[DEX Utility Token] )
**Strong tokenomics**
1. The Market capitalisation of $LEON tokens is low, Around ( 2M-2.5M )
2. $LEONS tokens are an integral part of Leonicorn Swap's business model.
3. $LEON tokens allocated to team members and advisors are locked up for 4 years.
4. An on-market $LEON buyback program
5. Every 72 Hrs, $LEONS will be burned.
6. First True GameFi Reward Sharing AMM in Crypto Industry.
**Buyback Program**
60% of revenue committed to buyback tokens
**Buyback tokens are allocated as follows:**
20% Locking Liquidity
40% Token Burning
Total Token Numbers = 400M
Team Token = 20000000 ( Locked for five years ) Vested 20% per year unlocked in 5 years.
DEN Reward = 40000000 ( Will be Added accordingly ) 1M rewards in DEN live day
Liquidity ( CEX, DEX ) = 40000000 ( Will be used based on CEX or Dex listing Majority of time, it will be under time locked )
Ecosystem Funds = 47,000,000 ( Ecosystem Funds are also time-locked as a Dex Team has to provide rewards on DEN, Lottery , Bag robbery, Prediction Market. It will be used for that )
Marketing = 40,000,000 ( Team will use this funds on Marketing of Dice and DEX. Its also time Locked )
Merge = 80000000 ( LEOS AND LEON MERGE TO LEONS )
Series A round Funding Tokens = 100000000 ( Future Big Funding rounds for Venture Capital and angel investors (Time locked) )
Locked Staking Reward = 33000000 ( Reward For Locked Staking )