# Economics The Lovelace token ($LACE) is an ERC20 standard asset (across EVM compatible infrastructure) and a Cardano native asset with a total fixed supply of 250,000,000 tokens. Total supply of $LACE will remain the same across all infrastructure. Staking Contracts and specific Lovelace developed games will be deployed on multiple chains to enable participation by marketplaces, DEX users, and token holders. Total allocation is as follows: * 55,000,000 (22%) Lovelace will be allocated to community participation events * 50,000,000 (20%) will be vested long-term by team members * 12,500,000 (5%) will be vested long-term by Advisors * 53,750,000 (21.5%) will be vested over 24 months and be used to strengthen the Lovelace ecosystem * 25,000,000 (10%) will be used for liquidity in DEX and CEX across various blockchains and infrastructure * 53,750,000 (21.5%) tokens will be used as network participation rewards in and out of games **Community Event** ![](/files/LOF6gRVWVtT46RdmbHab) ![Token Supply Distribution](/files/xOWGDK4YBJtsrt0saggE) ![Token Release Schedule](/files/iNCkW0yMp2Mj4qinVwsR) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.lovelace.world/lace-token/token-economics.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.