# TOKENOMICS

**Token Ticker:** $VPT 

**Token Network:** Base 

**Token Standard:** ERC20

**Token Utility:** The token has three main utilities:

1. Holders get access to the products (token-gated membership), vote on platform decisions about risk, claims and updates
2. Projects get insurance coverage by depositing $VPT into an insurance pool and earn rewards on top of that
3. And it will also act as a Revenue share vehicle with so called token ageing approach, meaning, revenue share for holder increases based on token holding duration

**Total Supply:** 1,000,000,000 

**Initial Circulating Supply:** 85,389,610 (8.54%)

**Initial Implied Market Cap:** $597,727.27 (w/o liquidity $247,727)

<figure><img src="/files/j4x53uKjkuMO8FtUPEdv" alt=""><figcaption></figcaption></figure>


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.veritasprotocol.com/veritas-protocol/tokenomics.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.