# Token Economics

## Token Utility

$TADA is a Utility token which primary purpose is to buy datasets. In addition, holding $TADA provides benefits to platform users such as:

* tiering on rewards
* access to special jobs
* staking to secure consensus and earn passive income

## Buybacks

TA DA Foundation performs buybacks of $TADA tokens based on datasets sales activity. $TADA bought back can then be offered as rewards to stakers, or for Ta-da specific campaigns

## Distribution

There is originally a maximum number of 1,000,000,000 $TADA tokens, divided into several slots with specific uses (v1 Supply).

A total of 186,000,000 $TADA have been irrevocably burned as part of "the Big Burn", a tokenomics remodeling campaign that happened in 2024-25 (v2 supply).

| Slot          | Supply (original) | Supply (v2) |
| ------------- | ----------------- | ----------- |
| Token Sales   | 27.57%            | 27.57%      |
| Growth / Team | 17%               | 14.84%      |
| Advisors      | 5%                | 3.56%       |
| Ecosystem     | 13%               | 7.24%       |
| Community     | 13.43%            | 13.43%      |
| Treasury      | 20%               | 12.8%       |
| Growth        | 4%                | 2.56%       |
| Burned        |                   | 18%         |

<figure><img src="https://content.gitbook.com/content/ORpZf8HTlmGA03HeOKr3/blobs/SXmeqKC97hvz2qHHmgcq/Screenshot%202024-11-14%20at%2012.29.53.png" alt=""><figcaption><p>Token releases schedule</p></figcaption></figure>

*NB: Token metrics were amended on Nov. 15th 2024. Original token metrics remain accessible on* [*this link*](https://docs.google.com/spreadsheets/d/1rggwXj1fMPL1xIT2zeyyLWtxCPYrQYmOsOFCmyL_jCs/edit?usp=sharing)*.*