> For the complete documentation index, see [llms.txt](https://teslaai-1.gitbook.io/tesla-ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://teslaai-1.gitbook.io/tesla-ai/token-mechanism/usd-tes-tokenomics.md).

# $ TES Tokenomics

Tokenomics refers to the overall structure and mechanism of a token and how it operates within an ecosystem. It involves factors such as token distribution, supply and demand dynamics, utility within the ecosystem, incentives for stakeholders, governance mechanisms, and mechanisms for value capture and distribution. This document provides transparency about the tokenomics of TES.

###  Token symbol: TES

####  Total issuance: 1 billion

• 1% for airdrop

• 99% for liquidity addition (corresponding to 150,000 USDT added, fully funded by the foundation)

First listed on Pancakeswap

#### Transaction tax:

• Buy, sell, withdraw liquidity: 2% each

#### New reward mechanism:

• All LPs of the initial liquidity will be rewarded daily at 1% for 100 days to all LP holders.

#### Dividend formula: 

Personal LP/Total LP \* Daily LP dividends

####  Note:

• Rewards are automatically credited to personal wallets. The initial liquidity address will not participate in dividends.

Through this mechanism, we will have core competitiveness in the market, and obtaining rewards without loss will be our biggest competitive advantage. The reputation and influence of TES will rapidly increase.