# 26. $PERP Token Details

#### CA: `0x36847b41B76e51FCBAb861C3C941115DcA10C1B1`

#### 6.1 PERP Tokenomics

* **Supply:** 8888 $PERP
* **Chain:** BSC (Binance Smart Chain)
* **Tax:** 5% (Buy, Sell, Transfer). 2% Reflections in $PERP. 1.5% goes towards Perpbot Strategy Account. 1.5% goes towards operations. Operations funds marketing, team expenses etc.

#### 6.2 PERP Token Utility

* **Ecosystem Token**: $PERP represents the Perpbot ecosystem and benefits from its trading performance & bot volume.
* **Reflections**: 2% of token tax goes to rewarding holders with $PERP. This is automatic for all holders.
* **Tax-Funded Strategy Account**: 1.5% of token tax flows funds the Perpbot Strategy Account increasing profits generated.
* **Buyback & Burn**: Net PnL from the strategy account is used to buyback & burn $PERP.
* **Token Gated Perpbot Strategies:** Moving forward we will be token gating our perpbot strategies to ensure profitability (once Perpbot is scaled we could be deliberately stop hunted if lots of users follow Perpbot Strategies). This is why we have chosen to have a low token supply for nice simple numbers. Token gating of Perpbot strategies could be 10, 20, 50, 100 depending on the strategy.
* **Revenue Sharing (coming soon):** 100% bot revenue to $PERP holders. Bot revenue comes from connecting your account to Aster Referral link. Once revenue sharing goes live, this will be accompanied with a dashboard and Dune analytics for APY.
* **DAO (coming soon)**: Vote on what steps Perpbot should do next.

#### 6.3 PERP Token Distribution

<figure><img src="/files/Se73XXTTzWU0CZLSd3wZ" alt=""><figcaption></figcaption></figure>

* 80% $PERP paired with $3000 USDT at launch.
* 10% $PERP airdropped to top 888 holders of Aster (excluding contracts/exchanges). Each address will receive 1 $PERP.
* 10% sent to burn wallet. This wallet will also receive reflections making $PERP deflationary.


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