> For the complete documentation index, see [llms.txt](https://thecharitydao.gitbook.io/charity-dao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://thecharitydao.gitbook.io/charity-dao/token-model.md).

# Token Model

**Project Name:** Charity DAO\
**Token Symbol:** CHD\
**Total Supply:** 7.6 billion\
**Issuance Mechanism:** Binance Smart Chain\
**Acquisition Methods:**

1\. Volunteer Airdrops

2\. Social Activity Incentives

3\. Liquidity Incentives

4\. Exchange on the Official Website

**Token Distribution:**

**· Initial Airdrop:** 3.06 million tokens, representing 0.04% of the total supply.

**· Social Incentives:** 76 million tokens, accounting for 1% of the total supply.

**· Community Welfare:** 76 million tokens, also 1% of the total supply.

**· Liquidity Reserve:** 115.52 million tokens, constituting 1.52% of the total supply.

**· Offline Charitable Activity Reserve:** 109.44 million tokens, making up 1.44% of the total supply.

**· Treasury Total:** 7.22 billion tokens, which is 95% of the total supply.

**Treasury Exchange Ratio:** Initially set at 1 BNB = 107,000 CHD, the exchange will follow the function 1 BNB =  （100000 \* 0.982^(x-1) + 7000）CHD, where every 100 BNB represents a price step, and X is the current price step number. Within the same step, the CHD output price remains constant. For example, the step number X for the 3850th BNB would be 39.

**Unexchanged Tokens in the Treasury:** A vote will be initiated to decide whether these tokens should be fully burned or donated.

**Initial Circulation:** 3.06 million tokens.