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

# KNFT Token

### KNFT Info

* Ticker                                : KNFT 
* Blockchains                      : BSC
* Token Cap                        :  2,000,000,000 KNFT

Initial Token Supply               : 1,000,000,000 KNFT

* Ecosystem & Marketing  : 30%
* Partner & Advisor            : 30%
* Team                                : 20%
* Sale                                  :10%
* Reserve                            :10%

Total                                       : 100%

Issued for Farming Rewards: 1,000,000,000 KNFT (100% for Defi Rewards)

* [Information on CoinMarketCap](#knft-info)
* [Information CoinGecko](#knft-info)

## Contract Addresses

* BSC KNFT : 0x46E83FbcC5623172EE61935C96B7276Ab92562De
* KStarNFT  : 0x87C92EB8DAc90B43a2D05c2Aa0b259654e57d6fB

## Reward Distribution

100% of community KNFT, which sums up to 1,000,000,000 is distributed as a mining reward.

* The distribution is expected to last for a total of 10 years (mining reward / KNFT per day)  before depletion, which would be around Dec 23th, 2031. After that, all mining farms will no longer receive a new distribution.

## Deflation

### KNFT Buyback

Platform profit will be used to buy back and burn KNFT once per month, as we don't want to disturb the market too frequently. The profit includes:

* Farm withdraw fee
* KNFT -Bot NFT gatcha payment
* NFT marketplace trading fee (applies to KNFT Bot NFT trades only)


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