> For the complete documentation index, see [llms.txt](https://fusionfinance11.gitbook.io/fusionfinance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fusionfinance11.gitbook.io/fusionfinance/token-u235/fusionfinance-token-u235.md).

# FusionFinance Token (U235)

![U235 Logo](https://1371529391-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Md7vpJ9ieqFMndiXcCl%2F-Md7vtnIr_aVp45AQhBR%2F-Md8FIy8B8istrQqInUs%2FW%C3%A4hrung.png?alt=media\&token=88874fb7-3557-4f19-85d9-cc809d2c1008)

### Basic Information

* Token Name: FusionFinance Token
* Token Symbol: U235
* Contract Address: 0xEcB63f2d1589E3DC0d8259275D28588DB859F9d1
* Chain: Binance Smart Chain (BEP20)
* Max Supply: Unlimited

### Transfer Tax

* Burn Rate: 5% of transfer tax will be burned immediately
* Total Transfer Tax Rate: 5**% of every transfer**

### Emission Rate

* 100  U235/ block
* 2.880.000  U235/ day

### Why Has U235 No Hard Cap?

There's currently no hard cap on the supply of U235, making it an inflationary token. 

Community members often point to this as a cause for concern, and while the dev team certainly understands the wish for a hard cap, there's a big reason we don't expect to set one in the near future.

{% hint style="info" %}
U235's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less incentive to provide liquidity.
{% endhint %}

### How U235 Supply Is Reduced Without A Hard Cap?

#### 1. Reducing Block Emission

By reducing the amount of U235 generated per block, we slow the inflation. This will first happen 2 weeks after the launch: from 100 to 85. But we don't want to do this too frequently, too early, for the same reason we don't want a hard cap: we still need to incentivize people to provide liquidity.

#### 2. Transfer Tax

U235 now has a 5% transfer tax in each transfer, which is all burned immediatly. This deflationary mechanism will help us to reduce the circulating supply of U235.