# Tokenomics

**CIRA Fee Structure and Launch Timeline**

CIRA is designed with a transparent and strategic fee structure that supports the ecosystem and its holders. Here's a breakdown of the fee system:

* **7% Dividend Tax:** This tax is redistributed directly to CIRA holders. It's a way of rewarding those who invest in CIRA, ensuring that holders benefit from the platform's success.
* **3% Liquidity Tax:** This portion is automatically added to the CIRA Liquidity Pool (LP). It helps in maintaining a healthy liquidity balance, which is crucial for smooth trading and price stability.
* **1% Marketing Tax:** This tax is allocated to fund marketing efforts and community events. It's essential for the growth and visibility of CIRA, helping to attract new users and maintain active community engagement.
* **Total Tax (Slippage):** The combined total tax comes to 11%, a carefully calibrated rate to balance rewarding holders, maintaining liquidity, and funding growth initiatives.

**Launch and Migration:**

CIRA had its fair launch in December 2021, marking the beginning of its journey in the DeFi space. Following this, CIRA underwent a migration to a Version 2 (V2) contract on March 11, 2022. This migration represented an evolution of the platform, enhancing its features and capabilities to better serve its community.

<div align="right"><img src="https://3028967806-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwpkdvBJm4OPn7eCjnYxP%2Fuploads%2FMV1zwBhZ6lKhBiyMLWaq%2Ftokenomics-3d_hd.png?alt=media&#x26;token=a5045553-58d2-413c-a0dd-dcc8cbb9d97a" alt="At launch breakdown of token distribution"></div>

#### Current Token Locks:

1 Million CIRA Locked via [PinkSale](https://www.pinksale.finance/pinklock/record/34848?chain=BSC)

Liquidity Locked via [Pinksale](https://www.pinksale.finance/pinklock/record/1017134?chain=BSC)

#### Team Wallets:

[Marketing](https://bscscan.com/address/0xaA24b8bFaB73F1b96deDa252A58BF809676A97E6)

[Developer](https://bscscan.com/token/0xb2a1713acF4Ab486E2E5f95d1481c476a1F0123D?a=0xae50a9404e79160c51e7266021b644b906972b3f)

[Staking Pool](https://bscscan.com/address/0xfb5f80106f71e7f9850af204da259a467a7cc0dd)