# Majik Tokenomics

Majik's initial fee structuring will be as such for 30 minutes post-launch:

* Buy tax: 15%
* Sell tax: 20%

After the initial 30 minute window, taxes will be lowered to finally settle on:

* Buy tax: 5%
* Sell tax: 5%

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Majik's tokenomics are as follows:

* Total supply: 10,000,000
* Amount retained by the team for marketing, giveaways, etc: 500,000 
* Amount locked on Unicrypt for future marketing: 300,000
* Amount to be used for liquidity: 9,200,000