# 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.
At launch breakdown of token distribution
#### 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) --- # 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.cira.app/ciradefi/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.