> For the complete documentation index, see [llms.txt](https://docs.ape.bond/apebond/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ape.bond/apebond/products-and-features/abond/tokenomics.md).

# Tokenomics

<figure><img src="/files/0GGxdIga4PVl0ahLsOGc" alt=""><figcaption></figcaption></figure>

* **Migration (39.1%)**: Needed for the Migration. Matches the amount of BANANA locked one to one.
* **Ecosystem Fund (15%)**: A replacement for our current MasterApe, meant for allocating ABOND towards the growth of the protocol (e.g., Bonds).
* **Multiplier Buffer (14.9%)**: The amount needed to ensure everyone can migrate without being diluted.
* **Fundraise (10%)**: An allocation for fundraising.
* **Treasury (10%)**: For recurring marketing and operations expenses.
* **Team (5%)**: Allocated for the development of ApeBond. Has a 3-year linear vesting.
* **Bonus Bucket (5%)**: Additional rewards for those who choose to lock their BANANA for a longer period during the migration process.
* **Initial Liquidity (1%)**: Needed to provide Liquidity Pools for the newly migrated token.

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