# Tokenomics

### Information of the token and type

#### CHB Token : Governance Token

* CHB token issue date: 12 December 2021
* SPL Token Address: YtfMZ4jg2ubdz4GasY86iuGjdo5rCPJnFqgSf8gxAz ([see Solar Explorer](https://explorer.solana.com/address/YtfMZ4jg2ubdz4GasY86iuGjHdo5rCPJnFqgSf8gxAz))
* The initial circulation of CHB is 500 million
* The total supply of CHB is 8 billion units.

#### Forms tokens : Utility Social tokens

* Forms Token service start date: 2022 Q2\~
* The initial issuance of Forms Token is 100 million units.
* The amount of issuance increases according to the amount of mining through donation.

### CHB Token Distribution Status and Plan

* Foundation

  * CHB Foundation: 2,160,000,000 CHB

*  Team

  * Team: 1,500,000,000 CHB
  * Supporters: 100,000,000 CHB

* Sale

  * Token Sales : 1,280,000,000 CHB
  * Early Backer: 320,000,000 CHB

* Compensation

  * Liquidity Incentives: 400,000,000 CHB
  * AirDrop: 400,000,000 CHB
  * Easter Egg: 800,000,000 CHB
  * User compensation: 800,000,000 CHB
  * Event: 240,000,000 CHB 

![](/files/Qz1Xh7vdlZCJSKdrdk7r)

![](/files/w7O5gUm1b6DdYtG3hHFD)

{% embed url="<https://docs.google.com/spreadsheets/u/3/d/1ll4ELJmIw1Q_ccZAiepMR0r_C4TuTMY3qKsdvSOk2zg/edit?usp=sharing>" %}

Release 6.25% in 2022 / \~ 43.75% in 2026 / long-term operation 2027\~\
[(More detail info)](https://docs.google.com/spreadsheets/d/1ll4ELJmIw1Q_ccZAiepMR0r_C4TuTMY3qKsdvSOk2zg/edit#gid=0)


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