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