# Native Asset (JUNO)

## **Token Economics (Tokenomics)**

### **Summary**

Juno Network is a completely community owned and operated smart contract platform. Therefore, the majority of the genesis supply (Over 95%) was stake-dropped to atom stakers, committed to the community pool, and committed to the development reserve for ongoing development of the Juno Network features.

✅ Initial Circulating Supply: 33.036.534 $JUNO

✅ Initial Total Supply: 64.903.242 $JUNO‌

✅ Maximum Supply (Reached after 12 years (2033): 185.562.268 $JUNO

![](https://2329221139-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MZiFiIZH5IkEYsWMUO4%2Fuploads%2Fgit-blob-4b80170737657c0a43e301b69caeba1ba31efe0e%2Fimage.png?alt=media)

### **Token Distribution Breakdown**

⚪️ **Community Stakedrop**: 30.663.193 $JUNO (Genesis Community Stakedrop - Unvested)

Free stakedrop to ATOM stakers at inception on October 1st 2021.

⚪️ **Community Pool:** 20.000.000 $JUNO (Genesis Community Pool Allocation / Non circulating at genesis)

At inception, 20 Million $JUNO were allocated to the community pool. Non-circulating and owned by the public JUNO commonwealth ie. all network stakers own these funds.

⚪️ **Hackathons**: 2.373.341 $JUNO (50% distributed post genesis via JunoHack 1)

Allocated to HackJuno smart contract challenges. These funds are managed by the Core-1 SubDAO and assigned to various Hackathons.

⚪️ **Core** **Software** **Development Reserve** (Community owned. Managed by Core 1 SubDAO)**:** 10.084.396 $JUNO (Vested 12 years / Periodic unlocks until year 12)

Genesis core software and infrastructure reserve. Owned by the public JUNO commonwealth. Managed by the Core-1 subDAO.

⚪️ **Core- 1 Developers** (Genesis allocations)**:** 1.782.312 $JUNO (Vested 12 years / Periodic unlocks until year 12)

Genesis core developer allocation.