# Tokenomics

As we launched on [pump.fun](https://www.pump.fun/), the token has **liquidity locked** and **contract** **renounced**:

> "Pump prevents rugs by making sure that all created tokens are safe. Each coin on pump is a fair-launch with no presale and no team allocation." - pump.fun

## Token Distribution

<figure><img src="https://28965827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fd9FnhJT0iUJLv0GdVGe6%2Fuploads%2FbiLx3JCLIoL80kG85Hgj%2Fgraphy-export-1711380056.png?alt=media&#x26;token=390817a1-c06c-41fe-a028-abcee85d2a7a" alt=""><figcaption></figcaption></figure>

| **Liquidity Pool** (liquidity locked) | 20% |
| ------------------------------------- | --- |
| **Public Launch** (pump.fun)          | 70% |
| **Dev wallet**                        | 10% |

## Dev wallet allocation

At pump.fun launch the dev wallet purchased 3 sol worth of $SOLPOD tokens, this amounted to \~10%. This allocation of $SOLPOD will have several uses including funding launches, burn mechanism and community/marketing purposes - detailed in the [$SOLPOD token](https://solpod.gitbook.io/solpod-whitepaper/solpod/usdsolpod-token) section.