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

# Tokenomics

## Supply

The offer is **77,000,000 NYAW**. This means that the maximum number of tokens that will be created has been capped at 77 million, and it is impossible to mint more.

### Sphynx Underground

* Every Sphynx Underground has the ability to mine **7 $NYAW per day.** 
* The only way a Sphynx Underground can mine **$NYAW** is via staking.

### Sphynx Explorer

* Every Sphynx Explorer has the ability to mine **14 $NYAW per day.** 
* The only way a Sphynx Explorer can mine **$NYAW** is via staking.

### Burn

* Every time $NYAW is used in the Underground Society ecosystem, we will burn that portion of the supply. This means that the tokens are gone forever and are never useable again. In theory, this concept of constant earning and burning will help with maintaining a reasonable circulating supply.

## Allocations

Our token supply is capped at 77,000,000. These tokens are distributed as follows: 

77% (59.290.000,00) is reserved for Staking Rewards. \
10% (7.700.000,00) is reserved for Marketing & Collabs. \
7% (5.390.000,00) is kept aside for the core team (Minimum 1 year vesting period).\
6% (4.620.000,00) is reserved for Reserves.

![](/files/37TGytavggUDfaY3bAaO)