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

# Tokenomics

$LABEL is powering Label Protocol. You can read more about our utility token [here](/documentation/usdlabel-token/usdlabel-utility.md). 

$LABEL was fair launched on Ethereum. 

100% of the supply was put into the LP. 

Circulating supply: 10,000,000

Total Supply: 10,000,000

We have a 5% tax. 3% for additional liquidity, and 2% for operational costs and marketing expenses. \
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$LABEL DexTools: <https://www.dextools.io/app/en/ether/pair-explorer/0x490763cce5936ae22618d5cdacad252f29a0e8af>\
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$LABEL Contract: 0x5E0a5734BE7E238988808E53cF61CE4791953DB3<br>