> For the complete documentation index, see [llms.txt](https://l4va-team.gitbook.io/l4va-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://l4va-team.gitbook.io/l4va-docs/l4va-protocol/usdl4va-tokenomics.md).

# $L4VA Tokenomics

**$L4VA is the governance, fee token, and benefits token of the L4VA Protocol with a fixed supply of 1,000,000,000 tokens.**  

## Distribution

1. **Pre-sale (5%): Completed.**
2. **Public Sale / TGE (40%):** The $L4VA Token will also be distributed via a public token generation event (TGE). 
3. **Protocol Rewards (20%):** Monthly allocation of $L4VA to be distributed in the form of rewards budgeted 60 months (5 years), allocated to each vault based on [Protocol Rewards ($L4VA)](/l4va-docs/l4va-protocol/protocol-overview/protocol-rewards-usdl4va.md).
4. **Team (20%):** Allocation to the L4VA Team over a four year vesting schedule from October 2025.
5. **Causes DAO (2%):** The Causes DAO is a fund of $L4VA that will be granted to causes, projects, initiatives voted on by the $L4VA holders. 
6. **Farming Rewards (1%):** Budget for bonus rewards for LP farming incentives. 
7. St**aking Rewards (2%)**: Budget for staking rewards bonus APY % yield for staking $L4VA directly on the L4VA protocol.
8. F**uture Partners & Investors (10%)**: Budget for future investors, partners and/or future token sales allocation.