# Tokenomics

**Polygon chain**

* Token Ticker: WPAY
* Token Type: ERC-20
* Chain: Polygon POS
* Decimals: 18
* Contract: 0x7ABE9Edf5C544A04dA83e9110CF46DBC4759170c
* Explorer: <https://polygonscan.com/token/0x7ABE9Edf5C544A04dA83e9110CF46DBC4759170c>
* Total Supply (Fixed): 10,000,000,000

**Base chain (OFT)**

* Token Ticker: WPAY
* Token Type: ERC-20
* Chain: Base
* Decimals: 18
* Contract: 0x35e0966208f518371e79cC9fD35559112068DdAd
* Explorer: <https://basescan.org/token/0x35e0966208f518371e79cc9fd35559112068ddad>

Polygon / Base bridge - <https://stargate.finance/bridge?srcChain=polygon&srcToken=0x7ABE9Edf5C544A04dA83e9110CF46DBC4759170c&dstChain=base&dstToken=0x35e0966208f518371e79cC9fD35559112068DdAd>

The diagram above details the token allocation:

<figure><img src="/files/UiUoa3Wxyu5TDTHp5vQi" alt=""><figcaption></figcaption></figure>

* Point based airdrops: Initial users who promote Wirex Pay, rewarded with airdrops.
* veWPAY Rewards: Rewards for stakers.
* Liquidity: Tokens allocated for exchange listings and market-making activities.
* Treasury: Tokens allocated to the Wirex Pay DAO for maintaining and developing the network.
* Node Rewards: Tokens distributed to node owners.
* Team: Founding members and employees.

Each participant category will have specific cliff/lock-up and vesting periods (months) as outlined below:

<table data-full-width="true"><thead><tr><th>Article</th><th>Allocation</th><th>Quantity of Tokens</th><th>% on TGE</th><th>Quantity on TGE</th><th>Cliff/Lock-up</th><th>Vesting (months)</th></tr></thead><tbody><tr><td>Team</td><td>20.000%</td><td>2,000,000,000</td><td>0.00%</td><td>0</td><td>12</td><td>36</td></tr><tr><td>Point based airdrops</td><td>5.000%</td><td>500,000,000</td><td>0.00%</td><td>0</td><td>3</td><td>9</td></tr><tr><td>veWPAY Rewards</td><td>12.860%</td><td>1,286,000,000</td><td>0.00%</td><td>0</td><td>6</td><td>60</td></tr><tr><td>Liquidity</td><td>4.000%</td><td>400,000,000</td><td>50.00%</td><td>200,000,000</td><td>7</td><td>24</td></tr><tr><td>Treasury</td><td>38.14%</td><td>3,814,000,000</td><td>10.00%</td><td>381,400,000</td><td>0</td><td>67</td></tr><tr><td>Node Rewards</td><td>20.000%</td><td>2,000,000,000</td><td>0.00%</td><td>0</td><td>2</td><td>60</td></tr><tr><td>Total</td><td>100.00%</td><td>10,000,000,000</td><td></td><td>581,400,000</td><td></td><td></td></tr></tbody></table>


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