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

# $ROBN

We are introducing a $ROBN token to power the dApp, unlock product features, facilitate liquidity provision, distribute rewards, and support competitions, airdrops, and marketing efforts. 

The $ROBN Token, identified by the ticker symbol $ROBN, is built on the Solana network. The total supply of $ROBN is capped at 1,000,000,000 (1 billion).

### **What makes $ROBN valuable?** <a href="#what-makes-shr0-valuable" id="what-makes-shr0-valuable"></a>

**20% of all platform fees are allocated to the Buyback & Burn contract.** This contract automatically purchases $ROBN tokens from the open market and permanently burns them, reducing supply and creating a **deflationary effect** that supports long-term value growth.

**All unclaimed fees** (those not claimed by creators or fee collectors within the set period) are also redirected to the Buyback & Burn contract, further strengthening the deflationary mechanism.

### TOKEN ECONOMY <a href="#id-11cb" id="id-11cb"></a>

* [ ] Token Name: ROBN (ROBN)&#x20;
* [ ] Token Symbol: $ROBN
* [ ] Network: Robinhood
* [ ] Emission Rate: No new token will be minted
* [ ] Listing price: $0.001
* [ ] Total supply: 1,000,000,000
* [ ] Initial circulating supply: 206,250,000
* [ ] FDV: $1,000,000
* [ ] Initial circulating market cap: $206,250
* [ ] Listing: TBA