> For the complete documentation index, see [llms.txt](https://morrow.gitbook.io/morrow/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://morrow.gitbook.io/morrow/07-tokenomics.md).

# 07 Tokenomics

### Token Overview

**$MORROW** is the native token of the Morrow Funds ecosystem.

| Parameter            | Details         |
| -------------------- | --------------- |
| **Token**            | $MORROW         |
| **Total Supply**     | 1,000,000,000   |
| **Launch**           | Fair Launch     |
| **Launch Platform**  | Pons            |
| **Network**          | Robinhood Chain |
| **Pair**             | ETH             |
| **Team Allocation**  | 0%              |
| **Private Sale**     | None            |
| **Presale**          | None            |
| **Transaction Tax**  | 3%              |
| **Pons Trading Fee** | 1%              |

***

### Fair Launch

$MORROW launched through **Pons on Robinhood Chain** through a fully public launch mechanism.

The total supply of **1,000,000,000 $STACKD** was made available through the launch mechanism.

There is:

* No team allocation
* No private allocation
* No presale
* No reserved investor supply
* No separate team treasury allocation

The team does not receive a free allocation of tokens.

Instead, the team participates through purchases made from the **publicly identifiable creator wallet**.

This means team-held tokens originate from market purchases rather than a separate allocation of supply.


---

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