# QUIPU Tokenomics

**Token Details:**

Token name and symbol: QUIPU

Contract address: KT193D4vozYnhGJQVtw7CoxxqphqUEEwK6Vb

Type: FA2

Total supply: 10 000 000

Decimals: 6

**Initial distribution:**

So far we have conducted two QUIPU airdrops as a thank you to our long-time users. A modest amount of tokens is reserved for future community rewards.

Circulated tokens after the second airdrop: 845 070 QUIPU

Circulated supply after the second airdrop is 8.4% (6% airdrops, 2.4% other funds)

**Token distribution model:**

![](https://3452914001-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZECuZ1tNwwhpxyp28pLs%2Fuploads%2FL7H0iT9UtITCBgoFoHdx%2Fimage.png?alt=media\&token=e53729c5-7358-494d-9d88-122971dfcf82)

**Token use cases:**

QUIPU tokens will be used in [QuipuSwap governance](https://github.com/madfish-solutions/quipuswap-governance) and as a means of payment for future additional QuipuSwap services.

More details about QuipuSwap tokenomics you may [find in this article](https://story.madfish.solutions/quipuswap-tokenomics-guide-quipu-learn-everything-about-our-governance-token/).