# Tokenomics Symbol:ABS Token: BEP20 Total Supply: 1,000,000 For every single transaction there will be a 3% tax on it, money which will get distributed as follows: * 1% will be sent to all token holder automatically (that means they can keep their abs in any wallet, even frozen in an offline wallet or ledger and see their ABS increase with every buy/sell. * 2% will be absorbed by the smart contract and almost all of it will be sent back to liquidity (lp) in pancake swap and locked forever increasing the floor price with every sell occurring in the network, the rest of the 2%, a tiny fraction of it which works under the "0x000...Dead" address gravity weight, will be burned forever without access to it anymore, ever-decreasing the supply. So the consequences are that if you add or remove liquidity, claim rewards or compound, there will be a 3% extra gas fee associated with every transaction, buy and sell also that you will receiveless of what you supposed to receive. The Benefits are the one mentioned above, offering a very strong ever-increasing fundamental price, with a out-of-world ever increasing total ABS in holders wallets, which definetly makes it want to stay in for the long term and always hold abs, while the supply will always burn, in a 24 year period we expect the total supply of 1,000,000 to become 750,000 ABS or less, we will vote that too in the future. --- # 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://absorber.gitbook.io/absorber/absorber-token/tokenomics.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.