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

# Detailed Tokenomics of MAGA Token

#### MAGA Token Supply and Allocation

The MAGA ecosystem is underpinned by a fixed supply of **19,200,000 MAGA tokens**, all of which are minted at once. This limited supply ensures scarcity and potential value appreciation over time. The allocation of these tokens is detailed in the following way:

1. **Bootstrapping LP & Liquidity (23.70%)**: A total of 4,550,400 MAGA tokens (23.70% of the total supply) are allocated for bootstrapping liquidity. This allocation is crucial for ensuring sufficient liquidity on decentralized exchanges (TraderJOE).
2. **For Team (14%)**: 2,688,000 MAGA tokens, representing 14% of the total supply, are reserved for the team. These tokens are vested linearly, aligning team incentives with the long-term success and development of the platform.
3. **For Liquidity Incentives (15%)**: 2,880,000 tokens, which is 15% of the supply, are dedicated to liquidity incentives. This allocation is designed to reward users who provide liquidity, enhancing the depth and stability of the market.
4. **For Marketing and Growth (22%)**: To fuel the growth and outreach of the platform, 4,224,000 MAGA tokens (22% of the total) are allocated for marketing and growth activities. This fund is key to expanding the user base and increasing platform adoption.
5. **For Partnerships (15.30%)**: With 2,937,600 tokens (15.30% of the total supply), this allocation is earmarked for establishing strategic partnerships. 
6. **Plunge Protection MAGA Vault (10%)**: A strategic reserve of 1,920,000 MAGA tokens (10% of the total supply) is set aside in the Plunge Protection MAGA Vault. This fund serves as a safeguard to stabilize and protect the token’s value during market downturns or unexpected events.