# Tokenomics

## **Overview of $MIMIC**

<mark style="color:red;">`$MIMIC`</mark> is the native utility token used within the Mimicry Protocol to ensure a healthy ecosystem. The token will be used to pay all fees to the network, tip Balancers, unlock features, and facilitate DAO governance. $MIMIC has a max supply of 1B tokens. All $MIMIC distributed for community rewards as part of our initial token supply will be minted at the time they are claimed.

[<mark style="color:orange;">`In-App Use Cases`</mark>](/whitepaper/tokenomics/in-app-use-cases.md) describes how Mimes interact with $MIMIC.

[<mark style="color:orange;">`Rewards`</mark>](/whitepaper/tokenomics/rewards.md) describes how players can earn rewards for providing liquidity to the protocol.

[<mark style="color:orange;">`Governance`</mark>](/whitepaper/tokenomics/governance.md) describes how players may impact the mechanics of the protocol.

[<mark style="color:orange;">`Distribution`</mark>](/whitepaper/tokenomics/distribution.md) describes how the 1B $MIMIC tokens will be allocated.

[<mark style="color:orange;">`Vesting`</mark>](/whitepaper/tokenomics/vesting.md) describes how tokens will be locked when distributed to various recipients.


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