> For the complete documentation index, see [llms.txt](https://docs.abot.dog/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.abot.dog/greater-than-faq/abot-token.md).

# ABOT Token

**What is the token address of ABOT?**

The ABOT token is deployed on the Ethereum network 

**What are the tokenomics of ABOT?**

* The project had a Fair Launch, which means that 100% of the token supply was added to liquidity at launch. 
* 1M tokens. Fully circulating and non-dilutive.
* 4% tax on ABOT traded as follows: 1% to LP | 2% to holders | 1% to team and operating expenses.
* 40% of bot transaction fees to holders.
* Be a holder of 10 ABOT tokens or more to be entitled to revenue sharing.

**What are the benefits of holding ABOT?**

Holding 10 ABOT tokens or more entitles you to a number of benefits:

* Entitles you to revenue sharing.
* Access to our Telegram holders' channel where you can discuss alpha, propose new features, and access a dedicated support channel.

In addition, your ABOT holdings may entitle you to a fee reduction through our Loyalty Program.

**What was the token migration?**

On June 12, 2023 the ABOT token was migrated from the V1 token contract (now deprecated) to the V2 token contract. During migration there was a multi-day timeframe for users to voluntarily migrate their tokens. Afterwards, a snapshot was taken of those remaining addresses, with late claims remaining open indefinitely on our Claims website. Migrating on-time was rewarded with a boosted holder revenue share until September 2023.

**Why was there a token migration?**

The context surrounding the token migration is fully explained in our Medium article that was released at the time.

In essence, the community voted in favour of a token migration for the following reasons:

1. Replacement of the auto-LP burn built into the token contract with auto-LP add.
2. The un-burning of tokens destroyed by auto-LP burn and use them for additional liquidity at the time of token migration.
3. The team to retain ownership, to enable the reduction of swap tax over time.