> For the complete documentation index, see [llms.txt](https://verta-1.gitbook.io/verta-cloud/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://verta-1.gitbook.io/verta-cloud/verta-cloud-eng/publish-your-docs.md).

# Tokenomics

#### **VERTA Token**

**VERTA** is a deflationary utility token built on the Binance Smart Chain (BSC). It serves as the economic backbone of the **VERTA.CLOUD** business platform, offering a reliable financial framework for companies.

#### **Key Token Features**

* **Token Name:** Join <https://verta.cloud> Verta Cloud Token (VERTA)
* **Symbol:** VERTA
* **Token contract:** 0x405E90384b4A928eD3899AB7250e05aD553085Ac
* **Total Supply:** 10,000,000
* **Blockchain:** Binance Smart Chain (BEP-20 standard)
* **Deflationary Model:** Total token supply decreases over time through a burning mechanism.
* **Emission:** Fixed supply with no further issuance.

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#### **Tokenomics**

#### **Token Allocation**

* **60%:** Public sale and circulation during later development stages.
* **20%:** Staking rewards fund.
* **10%:** Team and platform development.
* **10%:** Airdrop for the initial community.

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#### **Three Key Benefits of the VERTA Token**

1. **Staking and Rewards**
   * Tokenomics include staking options for passive income generation.
   * A dedicated token reserve ensures timely investor rewards.
2. **Dynamic Burning Mechanism**
   * A portion of tokens is burned with each transaction, reducing the total supply over time.
   * This creates scarcity, increasing the token's value.
3. **Payment within the VERTA.CLOUD Ecosystem**
   * The token is used for paying gas fees and accessing platform services.
   * This ensures ongoing demand and real utility for the token.

The VERTA token combines an innovative burning model, ecosystem utility, and staking benefits, making it a reliable long-term investment and usage tool.

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#### **Transparency**

The **VERTA smart contract** is audited and publicly accessible on the Binance Smart Chain Explorer. All token transactions are transparent, fostering trust and security.