> For the complete documentation index, see [llms.txt](https://docs.spiral.farm/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.spiral.farm/protocol/tokenomics/token-allocation.md).

# Token allocation

## **Team allocation**

20% of all COIL future emissions and auctions will go towards the Spiral DAO team under six month lock period. (This doesn't include COIL single staking emissions, only functional ones).

## **Community distribution**

### Initial COIL distribution:

* 75% to Initial Treasury Offering participants
* 5% to Launching Airdrop
* 20% to Protocol Owned Liquidity (POL) and  the DAO

<figure><img src="/files/98Q0rf2fuIV6HM7YK1WF" alt=""><figcaption><p>Initial token distribution.</p></figcaption></figure>

### Post-launch COIL community distribution:

COIL, as well as SPR, has no upper cap on the total supply.

A major amount of COIL will be distributed towards COIL staking. The rest of the new issuance will come from Yield Bonding.

#### **When the protocol emits 100 COIL tokens in Yield bonding, the protocol additionally mints 50                 tokens that are distributed to:**

* Treasury receives 15 tokens for DAO needs (Partnerships/DEV). It doesn't dilute Treasury.
* 15 tokens for maintaining POL. It doesn't dilute Treasury.
* The team receives 20 tokens under 6 months lock up. &#x20;

<figure><img src="/files/2TfRkku01dzfISHpfwIU" alt=""><figcaption><p>Post-launch token distribution.</p></figcaption></figure>