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

# TOKENOMICS

LBM is the governance and utility token of the Libertum Ecosystem. It enables holders to participate in staking, governance and benefit from Libertum's upward trajectory.

LBM inherits the ERC-20 token standard for standard token behaviour.

<figure><img src="/files/f3yZsW2Ces6Grt8QKewE" alt=""><figcaption></figcaption></figure>

## Allocations & Vestings

| Allocation           | # of Tokens | Vesting                                               |
| -------------------- | ----------- | ----------------------------------------------------- |
| Treasury             | 50,000,000  | 0% TGE, use subject to governance vote                |
| Team Token           | 50,000,000  | 0% TGE, 12 month cliff, linear release over 48 months |
| Staking Rewards      | 8,000,000   | 0% at TGE                                             |
| Marketing & Airdrop  | 6,000,000   | 0% at TGE                                             |
| Ecosystem & Partners | 28,000,000  | 0% at TGE                                             |
| Exchange & Liquidity | 58,000,000  | 0% at TGE                                             |