# $KERC Token

KERC is our native token. The main purpose of KERC is to provide a means of exchange to the community, and reward holders through its staking function to qualify how much users will be paid in percentage per month and also for voting allocations.

Once the project has more business chains down the road, KERC tokens can be used to purchase goods and services in our operating outlets. 

### Token Overview

<table data-header-hidden><thead><tr><th width="183">Token Overview</th><th width="40"></th><th></th></tr></thead><tbody><tr><td><strong>Name</strong></td><td>:</td><td>KERC</td></tr><tr><td><strong>Symbol</strong></td><td>:</td><td>KERC</td></tr><tr><td><strong>Blockchain</strong></td><td>:</td><td>ARBITRUM</td></tr><tr><td><strong>Maximum Supply</strong></td><td>:</td><td>500,000,000 (500 Million)</td></tr><tr><td><strong>Decimal</strong></td><td>:</td><td>18</td></tr><tr><td>Address</td><td>:</td><td><strong>0x2389f6A46562AE5f1557Db8562c39Ef553f3832B</strong></td></tr></tbody></table>

### **Token Allocation**&#x20;

<table><thead><tr><th width="203">Item</th><th width="115.33333333333331">Allocation</th><th># of Tokens</th></tr></thead><tbody><tr><td>Ecosystem Rewards &#x26; Future Utility</td><td>70%</td><td>350,000,000 $KERC</td></tr><tr><td>Operations</td><td>15%</td><td>75,000,000 $KERC</td></tr><tr><td>Team</td><td>8%</td><td>40,000,000 $KERC</td></tr><tr><td>Advisory</td><td>2%</td><td>10,000,000 $KERC</td></tr><tr><td>Reserves</td><td>5%</td><td>25,000,000 $KERC</td></tr><tr><td><strong>Total Allocation</strong></td><td><strong>100%</strong></td><td><strong>500,000,000 $KERC</strong></td></tr></tbody></table>

**Inflationary:** No, $KERC has a hard cap supply with no minting process.

**Listings:**

**Team Tokens:** The KERC held by the KERC management team shall be vaulted for a period of 12 months.&#x20;