> For the complete documentation index, see [llms.txt](https://thealtitudeproject.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://thealtitudeproject.gitbook.io/docs/altitude-project/tokenomics.md).

# Tokenomics

## Token Details

| Item            | Details                            |
| --------------- | ---------------------------------- |
| Name            | Altitude                           |
| Chain           | Base                               |
| Starting Supply | 210,000,000 ALTITUDE               |
| Minting         | No additional tokens can be minted |

Altitude's deflationary nature means the total supply of the token reduces over time.

The majority of burned Altitude tokens are first bought from the market. This means burns are not only reducing supply, but also creating buy pressure before the tokens are removed from circulation.

## Burn Logic

Altitude's website tracks token burns using:

```
Tokens Burned = 210,000,000 - Current Total Supply
```

This is based burned tokens reduce the token's total supply.

## Tax Status

After year one, taxes were largely removed from the project.

A small 1% buy/sell tax is still applied to BaseSwap and OMNI DEX liquidity pool activity. This remains because, due to burned liquidity on those unsupported DEXes, it is the only way the project can earn anything from those pools.

Activity from other pools is tax free, including:

* Uniswap
* Aerodrome
* Other current and future tax-free liquidity venues

{% hint style="info" %}
Users should always check the current official information before trading, as routing can change between DEXes and aggregators.
{% endhint %}


---

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