> For the complete documentation index, see [llms.txt](https://docs.silverswap.io/silverswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.silverswap.io/silverswap/tokenomics/editor.md).

# Overview

$AG exists independently on each network that SilverSwap is deployed on. This is intentional as without this facet of design the market-resilient nature of the tokenomics would be less impactful.

### Supply details:

* Max supply *(may very slight from one chain to another)*: **10,000,000 $AG**
* Annual emissions: **1,000,000 $AG**
* Daily emission: **2739.7 $AG**
* Emission runway: **9 years**
* team allocation *(including marketing/farms/etc)*: **5% of total supply**

### Fee management:

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SilverSwap earns fees from every swap. Liquidity providers with SilverSwap are able to earn 90% of swap fees the swap produces. The remaining 10% are put split between our auctions , giveaways , and the team share.

All DEX fees generated from swaps are converted to one of two tokens: $AG, or the wrapped network token. This means that all fees are creating a continual cycle of buy pressure on whichever token is selected for conversion. The SilverSwap team can switch which token fees are converted to at their discretion.