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

# Tokenomics

## Token use case

**Governance**

Gorilla token will be used as the governance token for all projects within the Gorilla ecosystem. This means that the holders of GLA can create and vote on proposals to create the best possible future for the Gorilla Ecosystem.

#### Token burns

Profits generated by the various dapps within the Gorilla ecosystem will be used to buy back and burn GLA tokens. GLA launched with a supply of 1,000,000 tokens and is aiming to buy back and burn tokens until the token supply gets to 500,000.

This will effectively burn half the coin supply, and create a high upwards price movement for GLA token, as the demand stays the same, but the supply drops.

## Transaction Tax

Gorilla token employs a 12% transaction tax for many reasons. 

1.  To pay a 5% reflection to all holders, and incentivize holding the coin
2.  To add 5% of every transaction to the AVAX-GLA lp pool, to create a stable and rising floor price, as well as grow the size of the lp pool, so bigger and bigger trades can be supported without immense price fluctuations
3.  To offer NFT holders a lifetime of passive income
4.  To continue and fund the development and growth of the ecosystem

#### Transaction tax allocation

* 5% reflection to all holders (5% of every transaction is deducted and redistributed among all holders)
* 5% to AVAX-GLA LP pool
* 1% to NFT holders
* 1% to marketing and dev wallet

The 5% reflection fee is weighted evenly among all holders of GLA. (e.g, if you own .10% of the total supply (1000 tokens) you will receive .10% of the total amount of reflection to holders.

Team member and marketing tokens that are locked in Pinksale Finance are excluded from receiving reflection rewards.

## Total token supply and allocations

### Team tokens

25% ( 250,000 tokens) of the token supply has been allocated to compensate team members. 90% of the tokens allocated to team members are locked in Pinksale Finance with 30% of the remaining 90% vesting each month.  (total of 3 months)

This means that only 25,000 out of the total 250,000 tokens team members get, will be vested during the public launch.

### Marketing Funds

12% of the token supply (120,000 tokens) are locked and vesting with 10,000 tokens vesting each month.  It will roughly be 12 months before all the marketing and development funds are fully vested.  

An additional 0.0019% of the supply will be used for a post launch celebration giveaway (1900 tokens)

### VC funds

17.3% (173,000 tokens) of our total supply will be used to provide funding for new and upcoming projects on the AVAX blockchain. The Gorilla Ecosystem will act as an angel investor, and provide large or small amounts of funding in exchange for token allocation. Profits from the funding will be either be airdropped and distributed evenly among all token holders, or used to buy back and burn GLA token.

Check out [*Dapps within the Gorilla Ecosystem for more info*](/gorilla-ecosystem-docs/dapps-within-the-gorilla-ecosystem.md)   *(your dapp does not need to be within the Gorilla ecosystem to receive funding)*

*(the 17.3% be locked via Pinksale Finance, with 17,300 tokens vesting monthly for a total of 10 months)*

### Presale and whitelist sale

20% of our token supply will be used for the presale and whitelist sale, to gather funds for initial liquidity as well as, marketing and dev funds.

You can read more about the [presale, whitelist sale, and public sale here](/gorilla-ecosystem-docs/the-gorilla-ecosystem/presale-whitelist-sale-and-public-sale.md)

### Investments

25% (250,000 tokens) of the supply will be used specifically for investments. This 25% will be invested across various farms, lp pools, and bluechip/existing cryptocurrencies. (no startups, or brand new protocols/cryptocurrencies)

All investment decisions will be voted on by the community before they are initiated.

All profits will be used to buy back and burn Gorilla Token, with the initital capital being reinvested

*(the 25% will be locked via Pinksale Finance, with 25,000 tokens vesting monthly for a total of 10 months)*