> For the complete documentation index, see [llms.txt](https://firebird-1.gitbook.io/firebird-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://firebird-1.gitbook.io/firebird-whitepaper/token-economics/pkf-token-economics.md).

# PKF token economics

## Token information <a href="#token-information" id="token-information"></a>

* Token name: PKF token
* Token symbol: PKF
* Total supply: 200,000,000

**PKF token is an Ethereum's ERC-20 token. In the future, when Firebird blockchain launches the mainnet, PKF token holders can swap ERC-20 PKF token for native PKF coin at the rate of 1 for 1.**

## Token utility <a href="#token-utility" id="token-utility"></a>

* Payment for transaction fees (computation & storage).
* Staking for validators to earn a share of block rewards.
* Staking to participate in the on-chain governance process and earn rewards for voting on proposals.

## Token allocation

<figure><img src="https://2390011782-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkQzBxnEauj11tFuNbp2C%2Fuploads%2F0QqGeF4kxwuWDCc5DYdC%2F00.png?alt=media&amp;token=9e3b43f0-f318-45aa-98c1-280a2fb162b1" alt=""><figcaption></figcaption></figure>

## Token sales <a href="#token-sales" id="token-sales"></a>

### Sale rounds

<figure><img src="https://2390011782-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkQzBxnEauj11tFuNbp2C%2Fuploads%2FkJPKIrTRz8vawwzHEH1K%2FSale%20Rounds.png?alt=media&amp;token=9545dc55-0416-41c9-a2b0-d89c7f894a6e" alt=""><figcaption></figcaption></figure>

**All sale rounds were finished and tokens were fully distributed a long time ago.**

### Usage of fund raised <a href="#usage-of-fund-raised" id="usage-of-fund-raised"></a>

<figure><img src="https://2390011782-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkQzBxnEauj11tFuNbp2C%2Fuploads%2FTZHcqEl6KqVeGlMNOK7q%2FUsage%20of%20Fund%20Raised.png?alt=media&amp;token=edbd2c26-072c-4685-99e5-f5bd5931bec5" alt=""><figcaption></figcaption></figure>

### Token release schedule <a href="#token-release-schedule" id="token-release-schedule"></a>

<figure><img src="https://2390011782-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkQzBxnEauj11tFuNbp2C%2Fuploads%2FNAPQe1MJYV62u5ETwp8r%2FSale%20Rounds.png?alt=media&amp;token=fbb7cfdc-dbcb-4b71-a5b7-03d420139a06" alt=""><figcaption></figcaption></figure>